WorleyParsons and Wison to pursue FLNG projects

WorleyParsons Services Pty Ltd has signed a Memorandum of Understanding (MOU) with Wison Offshore & Marine, under which the companies will jointly pursue the execution and delivery of FLNG, FPSO and other similar offshore oil and gas projects.

Australasian markets

The companies will collaborate to deliver projects on an engineering, procurement, construction and installation (EPCI) basis, combining WorleyParsons experience on the front end engineering and design of FLNG and FPSO facilities with Wison’s execution and fabrication capabilities.

The focus of the efforts will initially target the Australasia region, including Australia, New Zealand, Papua New Guinea and other Southeast Asia countries, however could be expanded to other competitive market areas.

Comments

“The focus area of our cooperation will be to expand the partnerships offering of flexible, cost effective and innovative FLNG, FPSO and other solutions to small and mid-scale developments that have typically been less able to capture value from the much larger-scale offerings we have seen in the marketplace,” said WorleyParsons’ CEO Andrew Wood.

Wison President, L. Dwayne Breaux, added: “The synergy created by the close cooperation with WorleyParsons will enable our collective group to offer strong technical and commercial solutions to the market. By combining their proven track record in the engineering and development of oil and gas projects with our existing strategic alliance partners including PRICO® liquefaction and other technologies, we will be capable of significantly expanding our strategy of providing cost-effective solutions to the industry delivered to the highest international levels of safety and quality.”

Adapted from press release by Katie Woodward

Read the article online at: https://www.lngindustry.com/floating-lng/18072014/worleyparsons-and-wison-to-focus-on-flng-projects-1020/