WorleyParsons announced that Woodside Energy Limited, operator of the North West Shelf Venture, has exercised contract options with Eos (a 50/50 joint venture of WorleyParsons and KBR) for the Detailed Engineering and Procurement Management Services for the North Rankin 2 (NR2) project off the northwest coast of Australia.
The NR2 Project will recover remaining low pressure gas from the North Rankin and Perseus gas fields. The project will include the installation of a second platform (North Rankin B) which will stand in about 125 metres of water and include gas compression facilities, utilities and new living quarters. The North Rankin B platform will be connected by a 100 metre bridge to the existing North Rankin A platform. The NR2 Project will also include necessary tie-ins and refurbishment of North Rankin A. Upon completion, both platforms will be operated as a single integrated facility.
The Eos Joint Venture has completed the Front-End Engineering Design (FEED) for the North Rankin Bravo platform and the North West Shelf Venture partners have recently announced final approval of the complete North Rankin 2 (NR2) Project. A copy of the Woodside announcement re this development is attached.
The combined revenue to WorleyParsons from the Eos Joint Venture portion of the North Rankin 2 work is expected to be approximately A$190 million.