INTECSEA Inc, a wholly owned subsidiary of Worley, has been awarded a project management consultancy (PMC) contract by Reliance Industries Limited for the MJ Field deep-water gas and condensate project.
Under the contract, INTECSEA Inc will provide PMC services for the development of Reliance’s subsea gas and condensate resource located in deep water of approximately 1,000 meters in the MJ Field offshore of India. The contract covers the engineering, procurement and construction phases and involves subsea facilities and offshore processing using a floating production storage and offloading facility and existing gas trunk line.
“We are pleased to continue our relationship with Reliance and support them in their deep-water development” said Andrew Wood, Chief Executive Officer of Worley.
About Worley
Worley delivers projects, provides expertise in engineering, procurement and construction and offers a wide range of consulting and advisory services. We cover the full lifecycle, from creating new assets to sustaining and enhancing operating assets, in the hydrocarbons, mining, mineral, metals, chemicals, power and infrastructure sectors. Our resources and energy are focused on responding to and meeting the needs of our customers over the long term and thereby creating value for our shareholders. WorleyParsons Limited is listed on the Australian Securities Exchange (ASX: WOR).
About Reliance Industries Limited (RIL)
RIL is India’s largest private sector company, with a consolidated turnover of INR 622,809 crore ($90.1 billion), cash profit of INR 64,478 crore ($ 9.3 billion), and net profit of INR 39,588 crore ($5.7 billion) for the year ended March 31, 2019. RIL’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and digital services.
RIL is the top most ranked company from India to feature in Fortune’s Global 500 list of ‘World’s Largest Corporations’ – currently ranking 106th in terms of both revenues and profits. The company stands 71st in the ‘Forbes Global 2000’ rankings for 2019 – top-most among Indian companies. It ranks 10th among LinkedIn’s ‘The Best Companies to Work For In India’ (2019).