Fugro awarded two specialist marine drilling contracts for mining projects

Fugro Seacore has been awarded two contracts in the marine seabed investigation and construction support service markets with a combined value of approximately $52 million.  The first contract is to provide a marine drill coring system to JOGMEC, for installation on its new marine survey vessel as part of research investigations into seabed resources, including massive sulphides and methane hydrates. The marine drilling system will be designed and built at Fugro Seacore’s facilities in Cornwall, UK. The vessel, complete with the drilling system installed, is scheduled to come into service in the first quarter of 2012.  Fugro expects the value of the contract to exceed $32 million. 

The second undertaking involves specialist drilling and marine support services to the John Holland Group as part of their contract to construct a 1.4 km access jetty and wharf which forms part of the early works for the construction for an iron ore terminal at Cape Lambert , Australia for Rio Tinto. The contract, which has a value of $20 million to Fugro, involves providing assistance to install 300 piles, deploying Fugro’s newly acquired self elevating platform. It is part of Rio Tinto’s ambitious iron ore expansion plans in Western Australia’s Pilabara region and the transpor of ore from those mines to world markets.