Grenland Group has received additional orders from FMC Technologies in Kongsberg for the fabrication, assembly and testing of subsea structures as a part of FMC's deliveries to Woodside's Pluto LNG Project.
The additional contract has a value of approximately NOK 30 million in revenue to Grenland Group, and comprises fabrication of subsea pipe systems. Total contract value for Grenland Group is now NOK 105 million on this project.
The subsea structures will be fabricated at Grenland Group's yards in Grenland, Norway. Woodside is the owner and operator of the large gas field Pluto, located northwest of Australia. The delivery of the subsea structures and the subsea pipesystems is scheduled for Q4/2008 and Q1/2009.
Grenland Group is a full-service engineering, procurement and construction company aiming to strengthen the business of its clients. Grenland Group has activities at 14 locations in Norway with a total of 1150 employees. In addition, the company has engineering subsidiaries in Shanghai, Houston and Kuala Lumpur. Grenland Group had a turnover of approximately NOK 1.5 billion in 2007.