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McDermott International, Inc. announced that a subsidiary of J. Ray McDermott, S.A. was recently awarded an engineering, procurement, construction, and installation contract for three wellhead topsides bound for Qatar's North field, for the Qatargas 3 and Qatargas 4 offshore projects.
J. Ray will design, purchase materials, construct, transport, install, hook-up, and mechanically complete three wellhead decks, WHP7, WHP8 and WHP9, each weighing approximately 2,100MT. Engineering and procurement has recently commenced and construction is expected to begin by April 2007 at J. Ray's Jebel Ali fabrication facility. All three well head decks are anticipated to be complete by the last quarter of 2008.
About Qatargas 3 and Qatargas 4
Qatargas 3 is an integrated project, jointly owned by Qatar Petroleum (68.5%), ConocoPhillips (30%) and Mitsui (1.5%). Qatargas 4 will be implemented through a joint venture between Qatar Petroleum (70%) and Shell (30%). Each project comprises upstream gas production facilities to produce approximately 1.4 billion cubic feet per day of natural gas, including an average of approximately 70,000 bbl/d of Liquefied Petroleum Gas and condensate combined from Qatar's North Field over the 25-year life of the project. The projects will each include a 7.8 million tonnes-per-annum LNG train. The first LNG cargos from Qatargas 3 are expected to be delivered in 2009. First LNG cargos from Qatargas 4 are scheduled for around the end of the decade.
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