J. Ray McDermott on the Gorgon Project

Friday, May 07, 2010

J. Ray McDermott, S.A. (J. Ray) announced that its subsidiary P.T. McDermott Indonesia (PTMI) has been awarded a contract by the Kellogg Joint Venture-Gorgon on behalf of Chevron Australia Pty. Ltd, operator of the Gorgon Project. The estimated value of the contract if the work is completed per contract terms is in excess of $150m.

More than 60 pre-assembled racks and units with an estimated combined weight of approximately 25,000 tonnes will be constructed at J. Ray’s Batam Island fabrication facility in Indonesia.

J. Ray will provide services for project management, fabrication engineering, procurement and material management, construction, commissioning assistance, quarantine compliance, loadout and seafastening. The pre-assembled structures, when completed, will be installed as part of the Liquefied Natural Gas plant currently under construction on Barrow Island, on Australia’s North West Shelf. Work is expected to start in the fourth quarter of 2010, with project completion after two years.

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