WorleyParsons Secures Sakhalin-1 Arkutun-Dagi Offshore Platform Contract from ExxonMobil

Wednesday, Mar 10, 2010

As an update to an earlier ASX Release on 16th of June 2008, WorleyParsons is pleased to announce that Sakhneftegaz Engineering LLC (SNE), a Russian company owned 49% by WorleyParsons has been awarded work orders to cover further engineering and early procurement for the Sakhalin-1, Arkutun-Dagi topsides, by ExxonMobil affiliate, Exxon Neftegas Limited.

Sakhalin-1 Arkutun-Dagi Contract

The scope of work under these work orders includes engineering, project management and early procurement for the Arkutun-Dagi offshore platform topsides project, an offshore oil and gas development at Sakhalin Island on the east coast of Russia.  Located in sub-arctic waters this will be one of the largest floatover topsides in the world. Work orders received by SNE under the contract total US $200 million for services and US $200 million for procurement.

Source: WorleyParsons