Industry News

Monadelphous secures long-term project with Woodside

Engineering company, Monadelphous, is extending its maintenance and shutdown services agreement with Woodside Energy.

The existing agreement has been extended for a further three-year period with an additional option for the agreement to be extended for a further two years thereafter.

The value of the extension is approx. $180 million per annum – subject to final work scope required each year. Works include maintenance, shutdown and brownfields project services at the Woodside-operated onshore and offshore gas production facilities in Western Australia (Karratha Gas Plan, Pluto LNG, North Rankin Complex, Goodwyn.

The scope of work under the agreement includes maintenance, shutdown and brownfields project
services at the Woodside-operated onshore and offshore gas production facilities located in the northwest of Western Australia, including Karratha Gas Plant, Pluto LNG, North Rankin Complex, Goodwyn A platform and Angel platform).

Monadelphous Managing Director, Zoran Bebic, said the agreement extension was a testament to the strength of the company’s relationship with Woodside, and Monadelphous’ safe and reliable delivery of services.

“We are extremely proud of the relationship we have developed with Woodside over more than 20 years and are delighted to continue supporting their operations well into the future,” he said.

Earlier this month, Woodside signed a non-binding Memorandum of Understanding (MOU) with South Korea’s SK E&S to enable studies on the potential development of a lower-carbon hydrogen value chain, including hydrogen, ammonia and other related products.

Under the MOU, Woodside and SK E&S plan to jointly explore opportunities relating to long-term ammonia and hydrogen offtake arrangements, equity participation in ammonia and hydrogen production projects, and project engineering supply opportunities.

In addition, both parties will consider existing and proposed government policies of South Korea and Australia that could help facilitate lower-carbon hydrogen value chain development.

Woodside Executive Vice President New Energy, Shaun Gregory, said the MOU reflected the increasing demand for large-scale decarbonised energy solutions such as lower-carbon hydrogen and ammonia from Woodside’s industry partners in the Asia Pacific region.

“With more than 35 years of experience as a world-class developer and operator of complex energy production facilities, and as a safe and reliable energy provider, Woodside is well positioned to play a key role in the development of the hydrogen and ammonia value chain for partners in South Korea,” he said.

“This collaboration will help inform our development of the new energy products and services which could support our customers’ decarbonisation, unlock new market opportunities and support the broader Asia Pacific region in their climate goals and net zero aspirations.”

In other news, Arthur Tzaneros of ACFS Port Logistics said ‘just in time’ is an outdated model and ‘just in case’ should be the new norm in light of potential industry challenges ahead for 2024.

The post Monadelphous secures long-term project with Woodside appeared first on Trailer Magazine.

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