TRACE wins six-year Ichthys LNG contract
Published by David Rowlands,
Editor
LNG Industry,
Under the terms of the contract, TRACE will provide day-to-day operational maintenance activities, shutdowns, workshop operations, fabrication services and specialist support services.
It is expected that the Ichthys LNG project’s onshore processing facility at Bladin Point near Darwin will operate for a minimum of 40 years, producing and shipping approximately 8.9 million tpy of LNG during this time.
Tom Quinn, Broadspectrum’s Chief Executive, Resources, said: “On behalf of the TRACE joint venture, we are delighted to be awarded this important contract and to be able to further build on our presence in, and commitment to, the Northern Territory.
“INPEX will also have access to our data-driven solutions and innovations as we leverage the capabilities of our global Centre of Excellence for Resources and our position as part of the Ferrovial group, one of the world’s largest services companies.”
The TRACE contract will create 160 new jobs in the Northern Territory. Broadspectrum claims that TRACE has already hired 85 locals for a variety of positions, including planning, rigging, crane driving, scaffolding, electrical and instrumentation, and mechanical technicians. The contract is for a six-year period, and includes two two-year extension options.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/22062017/trace-wins-six-year-ichthys-lng-contract/
You might also like
IEEFA: Tidal wave of new LNG supply to flood market amid demand uncertainty
Sluggish demand growth for LNG, combined with a record increase in global export capacity through 2028, will likely thrust markets into an extended period of oversupply, according to the latest Global LNG Outlook from the Institute for Energy Economics and Financial Analysis.