Offshore Shipping Online

A publication for the offshore shipping industry published by Clarkson Research

  • Offshore Intelligence Monthly
  • Menu

    J Ray McDermott signs contract with ExxonMobil Middle East Gas Marketing Ltd

    News // May 9, 2003
    J Ray McDermott SA, a subsidiary of McDermott International, has signed a contract with ExxonMobil Middle East Gas Marketing Ltd, to fabricate and install a 2,100 ton wellhead deck and a 1,300 ton jacket. The contract also includes installation of a second 60 mile 38in pipeline from the platform to the onshore terminal for the Al Khaleej Gas Project in Qatar.

    The contract resulted from the customer's exercise of an option under the original RasGas (II) Expansion Project contract, which was awarded to J Ray in April 2001. Options for additional wellhead platforms and intra-field pipelines are still available under the original contract. RasGas (II) is a joint venture between Qatar Petroleum and an affiliate of ExxonMobil. While financial terms are confidential, the scope of work under this recently signed contract is typically valued at over $150 million.

    "We are pleased with the continued confidence that ExxonMobil and RasGas have shown in us and in once again choosing us for the development of their facilities," said Kurt Nelson, Senior Vice President and General Manager, Sales, Marketing and StrategicPlanning for J Ray McDermott.

    Fabrication of the wellhead jacket will commence immediately and fabrication of the deck will commence in September 2003 at J. Ray's Jebel Ali yard in Dubai, UAE. Installation of the jacket is scheduled for the end of the year, with deck installation andpipelay scheduled for completion in the fall of 2005.

    More articles from this category

    More news