World’s Largest Specialty Valves Created with McDermott Engineers
October 02 2014 - 8:00AM
Business Wire
After nearly two years of planning, development and
perseverance, a dedicated team of McDermott experts has achieved a
first of a kind in the valve industry; creating the world’s largest
forged body specialty valve, in collaboration with a leading valve
manufacturer. The valves are destined for the INPEX-operated
Ichthys LNG Project.
Wojciech Zmudzinski, Chief Pipeline
Engineer for McDermott (right) with an INPEX Ichthys Project
representative during a valve manufacturing inspection at a factory
in Italy. (Photo: Business Wire)
“The Ichthys Project umbilical, riser and flowline
infrastructure – which will be installed at the Ichthys Field
offshore Western Australia - requires connection of the subsea
riser base to the 42-inch gas export pipeline going to the onshore
LNG processing facility,” explained Jonathan Parkes, McDermott
Senior Project Director. “This meant that six 42-inch valves had to
be specially designed and fabricated to meet the 40-year design
criteria. To our knowledge, these are the world’s largest,
single-piece forged, top entry ball valves.”
Each valve measures approximately 9 meters in length and 7
meters high, and weighs more than 100 tonnes. The first valve has
been successfully built and tested. The second valve is currently
undergoing factory acceptance testing and is expected to be ready
in September. Once all six valves have passed factory testing, two
will be installed offshore in 270 meters of water, while the
remaining four will be installed onshore, one at the landfall block
valve and three at the processing facility at Bladin Point.
“This is a great demonstration of client demand driving
innovation, and through collaboration, team work and effective
Supply Chain Management, on a global scale, we have created an
industry first,” commended Tony Duncan, Executive Vice President,
Subsea.
ABOUT McDERMOTT
McDermott is a leading provider of integrated engineering,
procurement, construction and installation (EPCI) services for
upstream field developments worldwide. The Company delivers fixed
and floating production facilities, pipelines and subsea systems
from concept to commissioning for complex Offshore and Subsea oil
and gas projects to help oil companies safely produce and transport
hydrocarbons. Our clients include national and major energy
companies. Operating in more than 20 countries across the
world, our locally focused and globally integrated resources
include approximately 14,000 employees, a diversified fleet of
specialty marine construction vessels, fabrication facilities and
engineering offices. We are renowned for our extensive knowledge
and experience, technological advancements, performance records,
superior safety and commitment to deliver. McDermott has served the
energy industry since 1923 and is listed on the New York Stock
Exchange (NYSE: MDR).
To learn more, please visit our website at
www.mcdermott.com.
FORWARD LOOKING
STATEMENTS
In accordance with the Safe Harbor provisions of the Private
Securities Litigation Reform Act of 1995, McDermott cautions that
statements in this press release which are forward-looking, and
provide other than historical information, involve risks,
contingencies and uncertainties that may impact McDermott's actual
results of operations. These forward-looking statements include the
expected scope, execution and timing associated with the Ichthys
project. Although we believe that the expectations reflected in
those forward-looking statements are reasonable, we can give no
assurance that those expectations will prove to have been correct.
Those statements are made by using various underlying assumptions
and are subject to numerous risks, contingencies and uncertainties,
including, among others: changes in project design or schedules,
contract cancellations, change orders and other modifications, and
difficulties executing on the project. If one or more of these
risks materialize, or if underlying assumptions prove incorrect,
actual results may vary materially from those expected. For a more
complete discussion of these and other risk factors, please see
McDermott's annual and quarterly filings with the Securities and
Exchange Commission, including its annual report on Form 10-K for
the year ended December 31, 2013 and subsequent quarterly reports
on Form 10-Q. This press release reflects management's views as of
the date hereof. Except to the extent required by applicable law,
McDermott undertakes no obligation to update or revise any
forward-looking statement.
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McDermottInvestors & Financial MediaSteve
Oldham, (1) 281.870.5147soldham@mcdermott.comorTrade, General
& Local MediaLouise Denly,
+1.281.870.5025ldenly@mcdermott.comorRissa Rosmawati,
+971.4.804.3293rrosmawati@mcdermott.com
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