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Hess progresses on Australia deep offshore Equus LNG project

Hess awarded FEED for Semi-submersible on WA-390-P Block

Hess progresses on Australia deep offshore Equus LNG projectEstablished in New Jersey, the American Hess Corporation (Hess) is based in New York City, USA.

Since 2007, Hess holds the 100% working interest of the WA-390-P Block offshore Western Australia to develop the Equus project.

Hess progresses on Australia deep offshore Equus LNG projectEquus is part of the $6.8 billion Hess’s capital expenditure budget for 2012 where $1.8 billion are to be allocated to conventional oil and gad fields development including the WA-390-P Block.

This WA-390-P Block covers 780,000 acres in the natural gas rich Carnarvon basin in 1,200 meters water depth, 180 kilometers north of North West Cape, 300 kilometers west of Karratha on the Burrup Peninsula, Western Australia.

Since then, Hess drilled 16 exploratory and appraisal wells out of which 13 turned successfully into natural gas discoveries.

After testing the flow in some wells, Hess completed its appraisal program.

As a result, Hess estimates the gas proven reserves in Equus somewhere between one and three trillion cubic feet (tcf) of natural gas.

Hess Corporation, with headquarters in New York announced today a 2012 capital and exploratory budget of $6.8 billion, nearly all of which is targeted for Exploration and Production: $2.5 billion for unconventionals, $1.6 billion for production, $1.8 billion for developments and $800 million for exploration.

INTECSEA and WorleyParsons won Hess Equus FEED

From the pre-front end engineering and design (pre-FEED) executed by INTECSEA, from WorleyParsons, Hess is planning to develop the Equus project with:

Hess progresses on Australia deep offshore Equus LNG project – Semi-submersible offshore production platform

 – Subsea gas gathering System, Subsea – UmbilicalRisers– Flowlines (SURF)

 – Export pipeline

 – Onshore liquefaction in third party’s LNG plant.

In February 2012, the local INTECSEA and WorleyParsons announced to have been awarded the front end engineering and design (FEED) contract for the Hess Equus project.

WorleyParsons also won the project management and engineering services contract.

The FEED contract signed between INTECSEA, WorleyPrsons and Hess, includes the:

 – Topsides

 – Semi-submersible structure

 – Mooring System

 – Risers

INTECSEA’s office in Houston, Texas, USA, executes the FEED work on the Semi-submersible structure, including the SURF pre-FEED package, previously awarded to Wood Group Kenny.

While WorleyParsons’s office in Perth, supported by its Kuala Lumpur office, is designing the Topsides and provides the project management and engineering services.

Regarding the onshore liquefaction, Hess is leading negotiations with the other international oil companies having LNG Trains projects in the area, such as:

 – Chevron with the Wheatstone LNG project

 – Woodside with the PlutoLNG expansion project

 – Woodside operated North West Shelf LNG.

INTECSEA in brief

INTECSEA belongs to the WorleyParsons’ Group and is specialized in the engineering, design and services for floating systems, offshore pipelines, subsea production systems, Risers, flow assurance, LNG terminals and marine installation management

Hess progresses on Australia deep offshore Equus LNG projectWith INTECSEA, WorleyParsons is offering a comprehensive portfolio of solutions from subsea wellhead through onshore processing and distribution.

With main offices in Houston, St. John’s, London, Delft, Kuala Lumpur, Melbourne, Perth, Rio de Janeiro, Singapore, Accra and Aberdeen, INTECSEA provides international oil companies with engineering services and project management globally with the support of its 900 employees.

INTECSEA’s diverse geographical locations enables the company to execute multi-office international projects, for over 25 years.

INTECSEA designed the current world record depth for subsea production at the Atlas field in 2,700 m.

After awarding Equus FEED to INTECSEA and WorleyParsons for the offshore Semi-submersible platform and subsea system, Hess in leading negotiations with Chevron and Woodside to share Onshore LNG plant capacities to make the final investment decision (FID) in 2013.

For more information and data about oil and gas and petrochemical projects go to Project Smart Explorer

Hess progresses on Australia deep offshore Equus LNG project

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Hess progresses on Australia deep offshore Equus LNG project