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Fugro Secures Australian Subsea Contract from INPEX

Fugro Secures Australian Subsea Contract from INPEX

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13 January 2017

Dutch offshore services firm Fugro has secured a contract from Japan’s INPEX Operations Australia for subsea services to be executed across the Ichthys facilities in the Timor Sea, near Western Australia.

The contract includes field operations support, inspection, repair and maintenance services and will run for five years, with options to extend. Fugro will provide all services through its office in Perth.

"We are pleased to have secured this long term contract, supporting vessel utilisation in the current challenging oil and gas market. This IRM contract fits well within our asset integrity business line, which centers around inspection and monitoring services, supporting optimal utilisation and longevity of our clients’ infrastructure,” said Mark Heine, Fugro’s divisional marine director.

Last month, Fugro scrapped plans to divest its subsea services business in Asia Pacific to Australia’s Shelf Subsea