Worley wins EPC contract for ConocoPhillips' Ekofisk Redevelopment Project

Grafa
Worley wins EPC contract for ConocoPhillips' Ekofisk Redevelopment Project
Worley wins EPC contract for ConocoPhillips' Ekofisk Redevelopment Project
Heidi Cuthbert
Written by Heidi Cuthbert
Share

Worley (ASX:WOR) has been awarded an engineering, procurement, and construction contract for the Previously Produced Fields Project by ConocoPhillips Skandinavia AS.

The contract, following Worley’s completion of the front-end engineering design phase in August, involves brownfield modifications to existing platforms at the Ekofisk Complex on the Norwegian Continental Shelf.

The EPC phase is scheduled to commence in early 2026, with project delivery planned for 2028.

The work is part of an existing frame agreement and forms a key component of the joint redevelopment of the Albuskjell, Vest Ekofisk, and Tommeliten Gamma fields, all tied back to the Ekofisk Complex.

Chris Ashton, Worley's CEO, said the award "reinforces our established partnership with ConocoPhillips in Norway and strengthens our position as a leading EPC delivery company. We look forward to delivering another successful project and showcasing our expertise in offshore field development."

Connect with us

Grafa is not a financial advisor. You should seek independent, legal, financial, taxation or other advice that relate to your unique circumstances.

Grafa is not liable for any loss caused, whether due to negligence or otherwise arising from the use of or reliance on the information provided directly or indirectly, by use of this platform.