Under the WH9 option, J. Ray will handle the turnkey project management, design engineering, procurement, fabrication, installation, hook-up and mechanical completion of a 2,200-ton wellhead deck, as well as the installation of a 7 km, 28-in. intra-field pipeline and 10-km intra-field subsea cable. The project, valued at approximately $70 million, is expected to take 33 months to complete.

The deck is scheduled for installation 4Q 2006. Once in place, it will handle a production of 1,200 MMcf/d of produced fluids (gas condensate and water) for supply to the onshore plant at Ras Laffan.

The WH9 facility will be similar to the three wellhead platforms already engineered, constructed and installed by J. Ray under the RasGas Expansion Project. The first platform, WH7, was completed and handed over to the customer in January. The other two platforms, WH4 and WH5, are currently being fabricated at J. Ray's Jebel Ali facility, and are scheduled for installation during 2005. In addition, the associated WH4 105km 38-in. pipeline from the platform to onshore facilities is scheduled for installation this summer, 10 months ahead of schedule.

04/22/04