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Northbridge Industrial Services Plc

Woodside awards 4 contracts for $15.3bn Scarborough LNG Project in WA

Woodside Petroleum is moving forward with the $15.3 billion Scarborough LNG Project, with the company awarding four contracts for the delivery of front-end engineering design.

The contract awards include engineering works related to the floating production unit of the upstream development as well as the export trunkline and subsea umbilical risers and flowlines.

“We have made good progress since announcing last year that we had increased our stakes in Scarborough. THe award of these contracts brings us closer to unlocking the Scarborough resource.

Northbridge Industrial Services plc (LON:NBI) hires and sells specialist industrial equipment to a non-cyclical customer base. With offices or agents in the UK, US, Dubai, Belgium, Germany, France, Australia, Singapore, New Zealand, Brazil and Korea, Northbridge has a global customer base.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.