Mon, 18 Aug 2008

From: The Jakarta Post

By Fadli, The Jakarta Post, Batam
PT McDermott Indonesia, a Batam-based engineering and construction company in the offshore oil and gas industry, has completed construction of a massive central processing platform (CPP) worth US$450 million.

A 15,700-ton facility, to be operated by ConocoPhillips in an oil and gas block just off Vietnam, is one of the largest in the Asia-Pacific region, said Michael Jeffers, general manager of McDermott's Batam Fabrication Operation.

"The project is a joint venture with Cuulong Su Tu Vang (Vietnam-based an oil and gas company).

"We are grateful for the support of local governments in Batam and Riau Islands in terms of friendly policies that have enabled us to be more competitive," Jeffers said.

The construction began in September 2006 and involved around 1,000 local workers.

Riau Islands governor Ismeth Abdullah said the completion of a facility of such magnitude was proof of the quality that Indonesian workers could offer.

McDermott's Fabrication Operation is located on the north coast of Batam and serves the oil and gas industry in the Asia-Pacific region, as well as the Gulf of Mexico, Europe, West Africa and the Indian sub-continent.

The CPP construction project manager, Joshep Anand, said the facility had been completed ahead of time. It had previously been estimated the facility would take a total 4.5 million working hours to build.

The facility, however, was built in only 4 million hours, Anand said.

The facility's shipment to Vietnam is expected to take five days.