OEG secures multi-million-dollar CCU contract extension with a global operator to support Bass Strait operations
OEG has secured a long-term multi-million-dollar contract extension with a global operator to support its offshore drilling operations in the Bass Strait field, Australia, until the end of field life, expected to be in 2036.
Pictured left to right: Joe Allan, Supply Base Manager - Barry Beach, OEG, with client representative
Reinforcing a long-standing partnership between the two organisations, the agreement will see OEG supply and manufacture 200 specialist DNV (2.7-1) certified offshore Cargo Carrying Units (CCUs), from its Barry Beach facility in Victoria, Australia. Six OEG personnel will provide full-service inspection, maintenance and repair of the units when required, as well as crane and lifting services.
With the addition of this new contract, the total number of OEG CCUs and serviced units supporting the operator’s offshore operations in the region will increase to approximately 700.
Beau Robins, Regional Director for Australia and New Zealand at OEG, said:
“This contract extension reflects a longstanding relationship built over many years. It also highlights the value of long-term rental agreements in supporting operational planning and equipment availability, reducing unplanned maintenance and helping operators improve efficiency while preserving capital through to end of field life.
“OEG’s CCUs are widely recognised for their innovative design and benchmark-setting performance. We look forward to continuing to support operations across Australia with reliable, certified equipment and consistent service.”
The Bass Strait offshore field, Australia, has been a cornerstone of the country’s oil and gas industry since production began in the late 1960s. It was the first major offshore development in Australia and has supplied a significant proportion of the nation’s oil and gas demand, particularly to Victoria. It has played a key role in supporting domestic energy security while demonstrating long-term production from a mature offshore basin.
Headquartered regionally in Perth, OEG operates from six locations across Australia and New Zealand, providing integrated solutions to the energy sector.