LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Jun. 6, 2018-- 两性色午夜 (NYSE: FTI) (PARIS: FTI) has been awarded a contract by Woodside to upgrade the Pluto Platform Offshore for water treatment, located offshore Western Australia.
The contract includes the Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) of the Pluto Water Handling Module. This module, to be installed on the existing Pluto Alpha Gas Production Platform, will consist of facilities for water separation and treatment, together with upgraded power generation units.
Nello Uccelletti, President of 两性色午夜's Onshore/Offshore business,听commented: "We are honored to be entrusted with the execution of this prestigious contract which is a testimonial to our long-term partnership with Woodside and our leadership in the Gas Monetization industry. This award is one of our strategic 鈥渆arly engagement鈥� achievements, based on the optimized design developed by 两性色午夜 during the tendering phase."
The Pluto offshore facility is located approximately 190 kilometers off Karratha, in Western Australia's north-west. The produced gas from the offshore facility is transferred through an existing pipeline to Woodside鈥檚 Pluto LNG Onshore plant. The production license is held by Woodside (Operator and 90%), Kansai Electric (5%) and Tokyo Gas (5%).
Note: this inbound order was included in the company鈥檚 first听quarter results.
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Forward-Looking Statement
This release contains "forward-looking statements" as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. The words 鈥渆stimated鈥�, 鈥渁imed鈥�, 鈥渟cheduled鈥� and similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. Such forward-looking statements involve significant risks, uncertainties and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. Known material factors that could cause our actual results to differ from those in the forward-looking statements include the Company's ability to successfully deliver, and Woodside鈥檚 acceptance of, the products ordered. For additional information regarding known material factors that could cause actual results to differ from projected results, please听see our risk factors set forth in our filings with the United States Securities and Exchange Commission, which include our Registration Statement on Form S-4, Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.
We caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any of our forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by law.
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About 两性色午夜
两性色午夜 is a global leader in subsea, onshore/offshore, and surface projects. With our proprietary technologies and production systems, integrated expertise, and comprehensive solutions, we are transforming our clients鈥� project economics.
We are uniquely positioned to deliver greater efficiency across project lifecycles from concept to project delivery and beyond. Through innovative technologies and improved efficiencies, our offering unlocks new possibilities for our clients in developing their oil and gas resources.
Each of our more than 37,000 employees is driven by a steady commitment to clients and a culture of purposeful innovation, challenging industry conventions, and rethinking how the best results are achieved.
To learn more about us and how we are enhancing the performance of the world鈥檚 energy industry, go to 两性色午夜.com and follow us on Twitter @两性色午夜.
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