Award of the Pre-FEED Contract for INPEX SURF & GEP Project in Indonesia
Chiyoda Corporation (Chiyoda) and PT Synergy Engineering (“Synergy”) are pleased to jointly announce that a consortium of Chiyoda’s subsidiary Chiyoda International Indonesia (“CII”) and Synergy has been awarded a Pre-FEED contract by INPEX CORPORATION through its subsidiary INPEX Masela, Ltd. for the SURF (Subsea Umbilicals Risers and Flowlines) and GEP (Gas Export Pipeline) facilities of the Abadi LNG Project in Indonesia.
INPEX Masela, Ltd. is undertaking Pre-FEED studies for the Abadi field development in the Masela Block, located in the Arafura Sea, with an onshore concept, under the supervision of The Indonesia Government Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas)
Under the terms of the contract, CII and Synergy will jointly utilize their technically and commercially competitive resources to provide INPEX with various engineering, safety and cost studies, as well as development of the future FEED scope of work, as a Pre-FEED package for the SURF and GEP facilities, while Xodus Group Ltd. (“Xodus”) and Subsea 7 S.A. (“Subsea 7”) will deploy their specialized capability for specific studies as nominated subcontractors. Xodus, in which Chiyoda and Subsea 7 hold 40% and 60% shares respectively, is an international oil & gas and renewables consultancy which will provide the technical leadership, as well as supplying specific studies, based on its extensive deep-water SURF and pipeline design expertise. Subsea 7 will contribute specific studies and advice especially focused on competitive installation solutions as a leading experienced subsea EPCI (Engineering, Procurement, Construction and Installation) contractor.
Chiyoda has been in the offshore and upstream business since its acquisition of Xodus in 2013, offering integrated services from upstream to downstream as well as from offshore to onshore. Chiyoda, with its strengths in execution of international projects and Xodus’ vast experiences in early phase studies, is providing services from early phases of projects to make unique contributions to gas & oil field development and monetization. Such early engagements will assist Chiyoda’s clients in identifying, selecting and delivering safe, reliable, cost effective and realistic solutions.