ABB has won two contracts worth a combined $45 million on the Ichthys oil and gas project offshore Western Australia. The firm has been appointed as the main electrical contractor (MEC) for a new floating production, storage and offloading (FPSO) vessel for the Ichthys oil and gas field in the Timor Sea. The order, worth $30 million, was awarded by Daewoo Shipbuilding & Marine Engineering, the engineering, procurement and construction (EPC) contractor for the FPSO.
ABB was also awarded a $15 million order by Samsung Heavy Industries to be the MEC for the Ichthys central processing facility.
The field is a joint venture between Japan-based Inpex Corp. and Total E&P Australia, and is estimated to contain 12.8 Tcf of gas and 527 MM bbl of condensate, and have an operational life of more than 40 years.
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