Australia: Kencana Petroleum Lands Wheatstone LNG Gig

December 8, 2011

Kencana Petroleum Berhad announced that its wholly owned subsidiary, Kencana HL Sdn. Bhd., has secured a contract from Bechtel International Inc, for the fabrication and assembly of structures and components for Wheatstone LNG processing facility in Australia.

The Contract scope includes fabrication, assembly, testing and loading of process equipment modules for Wheatstone Project LNG Plant Facility located at Ashburton North (near Onslow), Western Australia.

The work for the Contract has commenced with new yard development, planning, and procurement activities. The fabrication work will be carried out at Kencana HL fabrication yard in Lumut.

The total Contract value is estimated at approximately RM1 billion.

The Chevron-operated Wheatstone Project is one of Australia’s largest resource projects. Located at Ashburton North, 12 kilometers west of Onslow in Western Australia, the Wheatstone Project is a joint venture between Australian subsidiaries of Chevron (73.6%), Apache (13%), Kuwait Foreign Petroleum Exploration Company (7%), and Shell (6.4%). The initial phase of the project will consist of two liquefied natural gas trains with a combined capacity of 8.9 million tonne per annum and a domestic gas plant.