Wison Offshore & Marine and WorleyParsons Services have signed a Memorandum of Understanding (MoU) that will see them pair up to focus on shipshape floating production projects.

WorleyParsons confirmed it had signed an MoU with Wison to jointly pursue the execution and delivery of FLNG, FPSO and other similar projects. The deal will see the two cooperate to deliver projects on an engineering, procurement, construction and installation (EPCI) basis, “jointly leveraging WorleyParsons significant experience on the front end engineering and design of shipshape FLNG and FPSO facilities with Wison’s proven execution and fabrication capabilities”.

The focus, they say, of their initial efforts will be to target the Australasian region, including Australia, New Zealand, Papua New Guinea and other SE Asian countries. However, this could be expanded to other areas where the companies feel they can provide a competitive offering to the market, they add.

“The focus area of our cooperation will be to expand the partnership’s offering of flexible, cost effective and innovative FLNG, FPSO and other solutions to small and mid-scale developments that have typically been less able to capture value from the much larger-scale offerings we have seen in the marketplace” said WorleyParsons’ CEO Andrew Wood.

“The synergy created by the close cooperation with WorleyParsons will enable our collective group to offer strong technical and commercial solutions to the market,” added L. Dwayne Breaux, President of Wison Offshore & Marine. “By combining their proven track record in the engineering and development of oil and gas projects with our existing strategic alliance partners including PRICO liquefaction and other technologies, we will be capable of significantly expanding our strategy of providing cost-effective solutions to the industry delivered to the highest international levels of safety and quality.”