Scana to Supply Steel Casting for Australian Ichthys Project
- Business & Finance
Scana Industrier ASA has through its subsidiary Scana Steel Stavanger, been awarded a new contract from Samsung Heavy Industry for delivery of steel casting intended for the Australian Ichthys project, representing a value of 36 MNOK.
Including previously received orders from Samsung for the same project, the total value adds up to 93 MNOK. The project will begin immediately, and deliveries will complete by the end of 2013. The new contract includes approximately 60 casting components which are part of the mooring system for the Ichthys project.
The Ichthys LNG project is located approximately 200km off the coast of Western Australia. The gas from the Ichthys field in the Browse basin will be processed offshore prior to being exported to the onshore processing facilities in Darwin via an 889km subsea pipeline.
The project is expected to produce around 8.4 million tonnes of LNG and 1.6 million tonnes of LPG per year, along with an estimated 100,000 barrels of condensate per day at peak.