Transfield Worley Achieves US$100 Million Extension in Qatar

Transfield Services joint venture Transfield Worley TRAGS (TWT) announced US$100 million in maintenance and shutdown work with RasGas in Qatar. The work is a two-year extension of the joint venture’s existing maintenance contract with RasGas, which has been expanded to include shutdowns.

This brings the joint venture’s total value of work with RasGas to US$117 million following the announcement in April of US$17 million worth of shutdown work.

The shutdown component of the work, which comprises approximately 50 per cent of the total contract, will be delivered by Transfield Services on behalf of the TWT joint venture, with the maintenance component to be completed concurrently by the TWT joint venture team.

Transfield Services CEO International, Mr Paul McCarthy, said today: “There are a lot of opportunities for Transfield Services in Qatar, leveraging our global systems and processes and ability to manage complex projects and workforces to provide essential services to the Qatar resources and industrial sector.”

“Our ability to mobilise large teams of highly skilled people makes us an invaluable service provider in the resource-constrained Gulf Region,” Mr McCarthy said.

Transfield Services has provided consolidated maintenance and project services to RasGas’ Qatar-based LNG facilities through its joint venture TWT since November 2004.

RasGas is a joint venture between Qatar Petroleum (70 percent) and ExxonMobil (30 percent) to operate LNG facilities in Qatar.