TechnipFMC

International oil and gas engineering/construction heavyweights Technip and Subsea 7 have formed a Perth-based joint venture to battle for lucrative subsea contracts in the Asia Pacific region.

Global oil and gas heavyweight Technip, through its Perth-based Australian operations, has been named the 'preferred contractor' for the Kupe joint venture oil and gas project in the Taranaki region of New Zealand's North island.

THE major engineering companies in Western Australia cut employment by 15 per cent during the past 12 months, defining the impact of the global financial crisis on the sector.

Shell’s development of a world-first floating LNG project off the Kimberley coast is likely to be a game changer for the industry, allowing extensive ‘stranded’ gas assets to be developed.

France-based oil and gas engineering company Technip has won a €210 million ($262 million) works deal at Inpex’s Ichthys LNG project off the Western Australian coast.

The increased likelihood of the Browse gas project being developed as a ‘floater’ takes to nine the number of floating liquefied natural gas (FLNG) plants under construction or being considered for the waters off Western Australia’s northern coast.

THE booming Western Australian economy of the past decade has fuelled a rise in philanthropic activity of all kinds in Perth.Charity balls have become the bedrock for not-for-profit groups looking to bolster their profile and raise vital funds through corporate support.

Western Australia has a lengthy pipeline of prospective oil and gas projects but their size and nature will limit opportunities for local businesses.

Engineering firms exposed to mining are going through a tough patch but prospects are much better for those like Technip and Clough in the oil & gas sector.

Mermaid Marine is a good barometer of activity in Western Australia’s oil and gas sector and the company is looking for ways to diversify, including internationally.

Debate continues over the best way to maximise returns from the state’s rapidly growing oil and gas sector.

GDF Suez and Santos have moved away from developing their Bonaparte joint venture project as a floating liquefied natural gas project, saying they will now consider other options, including helping expand Inpex’s Icthys LNG project.

Perth-based Pressure Dynamics has announced the appointment of Tim Dallas as business development manager - oil and gas, to round out the team that has been steadily developing since the buy-out of the company last year.

France’s Technip and South Korea’s Samsung Heavy Industries have been signed up as the lead engineering and construction contractors for the Browse floating LNG project, continuing similar work they have undertaken for the Prelude FLNG project.

Charities in WA will need more fundraising champions like Vince Gareffa as traditional events prove harder to sell.

Perth-based Programmed Maintenance Services has won a contract to provide staffing and logistical support services at Shell’s Prelude floating natural gas project in the Browse Basin.

MSP Engineering has established a new headquarters in West Perth to cater for a bigger workforce as it builds a $400 million lithium processing plant in Kwinana.