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OneSubsea awarded Woodside FEED contract

LNG Industry,

Woodside Energy Ltd has awarded OneSubsea, a Cameron and Schlumberger company, a FEED contract for the proposed Woodside-operated Browse FLNG development, offshore northwest Australia.

This contract award is the first under OneSubsea’s five-year frame agreement with Woodside, which was signed in January 2014. Under the terms of the frame agreement, OneSubsea is qualified to supply subsea equipment and services, including subsea engineering and life of field services, for selected Woodside developments offshore Australia.

Defining and determining an optimal subsea production system

The contract will employ up to 20 people to work on the subsea scope over the next 12 to 18 months whilst Woodside prepares for a final investment decision. Woodside hopes that the final investment decision is made in 2Q16.

Based at OneSubsea’s Perth city office, the company will work in collaboration with Woodside to define and determine an optimal subsea production system design for the Browse FLNG Development.

Woodside and OneSubsea have worked together successfully in the past. For example, in 2013, OneSubsea opened a facility in Kewdale, Western Australia, which was built to support Woodside and other operators in the region.

Working with Australian-based suppliers on the Browse FLNG project

CEO of Woodside, Peter Coleman, commented that this is the first of several contacts which it expects to award to Australian-based engineering firms, manufacturers and suppliers associated with the subsea elements of the Browse FLNG: "Our local content commitment is focused on working with Australian-based suppliers with world-class capabilities to partner with us on our operations and developments," he said.

Jack Moore, Chairman and CEO of Cameron, a parent company of OneSubsea, said: “Engaging early with clients in the project lifecycle is key to determining the optimal, cost- effective solution that aims to maximise project returns in the current economic environment. This has been our approach with Browse and we are excited to have been selected for this award.”

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