INTECSEA Inc, a wholly owned subsidiary of Worley Parsons
(ASX:WOR), has been awarded a project management consultancy contract by Reliance Industries 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 metres in the MJ Field offshore of India.
The contract involves subsea facilities and offshore processing using a floating production storage and offloading facility and existing gas trunk line.
Shares in Worley
(ASX:WOR) closed 1.19 per cent lower at $13.26 on Friday.
