| ABS
has been selected by Woodside Energy Ltd., Australia’s
largest publicly traded oil and gas exploration and production
company, to provide classification and verification services
across the Pan-Woodside Energy Ltd. asset base for the next
five years. The multi-year, multi-million dollar contract
covers core operational requirements of the company’s
activities off Australia and existing and future emerging
projects in Australia, the U.K., the U.S., Singapore and
Korea.
Woodside’s active exploration and production program
includes such projects as the Enfield and Vincent developments
offshore Western Australia, the Angel Gas Project and the
Pluto LNG field about 180 km from the Burrup Peninsula, the
Bonaparte Basin in the Timor Sea and projects off the US
West and Gulf coasts. Woodside is also undertaking a major
exploration program off Mauritania, West Africa.
The agreement covers the energy major’s FPSO assets
including production systems, equipment and safety systems.
Classification will be to applicable ABS Rules. Verification
will be to relevant international, national and state regulations,
in particular Australia’s Petroleum Submerged Lands
Act (PSLA) as it applies to the management of safety on offshore
facilities.
Woodside operates the North West Shelf Venture, Australia's
largest resource project. It also operates more than 75 joint
ventures on behalf of 39 participants in Australia, Africa
and the United States. ABS will provide engineering design
review, survey services and act as a liaison on behalf of
government agencies to facilitate the reviews and surveys
conducted to fulfill the regulatory requirements of these
agencies.
ABS already classes the Woodside operated FPSO Cossack
Pioneer that has been on station on the North West
Shelf for ten years. This new agreement significantly expands
the relationship with Woodside in terms of the number of
units and geographic scope of the ABS activities.
ABS holds the leading marketshare in offshore classification
worldwide and has a well-established network of offices in
Australia with exclusive surveyors in offices in Sydney,
Cairns, Fremantle and Melbourne. The Woodside contract will
be managed from the society’s Fremantle, West Australia
office.
“The confidence Woodside has placed in ABS with this
new agreement reflects the superior service and strong technical
support we have given them on the Cossack Pioneer project,” says
ABS Vice President of Energy Development William J. Sember. “The
expanded agreement will allow us to build on the effective
asset integrity management programs that we have developed
specifically for FPSOs that utilize sophisticated risk methodologies
to better protect these assets and maximize their production
efficiencies.”
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