DSME scores Jansz-Io order from Chevron

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering said it has received a new order to build a field control station for Chevron’s Jansz-Io project offshore Western Australia.

DSME said in a statement on Wednesday it would build the FCS, which would supply power to subsea facilities and control gas fields, for 650 billion won ($548.2 million).

The shipbuilder will construct the station at its yard in Geoje and deliver it in the third quarter of 2025.

This order is the second for DSME following a contract for two LNG carriers with Maria Angelicoussis-led Maran Gas.

Both of the orders are worth about $970 million, six times more than in the same period last year, DSME said.

Jansz-Io and Chevron’s giant Gorgon LNG plant

The contract with DSME follows several deals Chevron awarded last year after the final investment decision on the $4 billion Jansz-Io compression project.

The project will help gas recovery at Chevron’s giant 15.6 mtpa Gorgon LNG project as the offshore field ages.

Part of the original development plan for the Gorgon LNG plant on Barrow Island, the project will use subsea compression technology to maintain long-term natural gas supply from the offshore field to the three existing LNG trains and domestic gas plant.

Chevron previously said the project would involve the construction and installation of a 27,000-tonne normally unattended floating FCS.

In addition, the project also includes installing about 6,500 tonnes of subsea compression infrastructure and a 135 km submarine power cable linked to Barrow Island.

The Gorgon project is a joint venture between the Australian subsidiaries of Chevron (47.333 percent), ExxonMobil (25 percent), Shell (25 percent), Osaka Gas (1.25 percent), Tokyo Gas (1 percent) and JERA (0.417 percent).

- Advertisements -
spot_img

Most Popular

Teekay LNG to become Seapeak after $6.2 billion deal

Teekay LNG Partners will rebrand as Seapeak following the completion of its previously announced $6.2 billion merger deal with...

Taiwan plans to build up to 16 LNG carriers

Taiwan is looking into building a national fleet of up to 16 new liquefied natural gas (LNG) carriers. The country...

Greece’s TEN takes delivery of LNG newbuild

Greek shipping firm Tsakos Energy Navigation (TEN) has taken delivery of a brand new LNG carrier from South Korea's...

More News Like This

EU blocks merger of South Korean LNG shipbuilding giants

The European Commission has blocked the merger of South Korean LNG shipbuilders Daewoo Shipbuilding & Marine Engineering and Hyundai...

Chevron to shut second Gorgon LNG train for maintenance

A unit of US energy giant Chevron is to close the second train at its Gorgon LNG facility in...

DSME to build two more LNG tankers for Greece’s Maran Gas

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering said it has received an order from Maria Angelicoussis-led Maran Gas...

GTT clinches new LNG tank gig from DSME

French engineer GTT has won a new contract from South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering to design...