• Wednesday, June 26, 2024
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WorleyParsons wins contracts from Addax, Samsung

WorleyParsons wins contracts from Addax, Samsung

WorleyParsons’ Nigerian joint venture company DeltaAfrik Engineering has bagged a three-year contract from Addax Petroleum – a subsidiary of China’s Sinopec Group – to provide engineering and project services for the latter’s capital projects and operating assets in West Africa, comprising Nigeria, Cameroon, and Gabon.

WorleyParsons said the contract, which has a two-year extension option, anticipates that the services will be provided from DeltaAfrik offices in Lagos and WorleyParsons’ offices in London, Houston and Beijing.

Andrew Wood, WorleyParsons’ chief executive officer, said in a statement on Monday posted on the company’s website: “The Global Alliance represents an important opportunity for enhanced value added support to Addax Petroleum’s expanding Gulf of Guinea assets through a portfolio approach across the entire asset life cycle.”

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The facilities to be supported under the contract are wide ranging and include asset types such as deepwater, shallow water and onshore developments for both producing and planned new developments.

WorleyParsons had last week said Samsung Heavy Industries awarded it a contract for the detailed design and engineering for the topsides process modules of the floating production, storage and offloading (FPSO) vessel for a deep-water oil field located offshore Nigeria.

This major project will be executed under the Nigerian local content law, demonstrating WorleyParsons’ ability to support efforts to engage and invest in local capacity building and development as a key differentiator in the exciting Nigerian and West African market. The expected revenue to WorleyParsons from this contract is over $100 million.

The contract will be executed largely in Lagos, Nigeria in conjunction with a consortium of Nigerian engineering companies, NETCO/DeltaAfrik/IESL, as approved by the Nigerian National Petroleum Company, with technical support from WorleyParsons Melbourne.