CTC Marine Projects wins major woodside contract

CTC Marine Projects Ltd, part of the DeepOcean group and a leading subsea service provider, announced today that it has been awarded a contract by Woodside Energy Ltd of Australia with a value of over £10 million as part of the Angel Gas Project.

The worksite is located offshore Dampier on the Australian North West Shelf. CTC Marine Projects’ scope includes the installation of a 51km power cable linking the existing North Rankin A platform with the new not normally manned Angel Platform. In addition, three umbilicals will be installed to connect the Angel Platform to adjacent subsea production trees.

Tony Inglis, Managing Director of CTC Marine Projects commented,
‘We are very pleased to be involved in this project and are looking forward to developing our successful relationship with the Woodside team.’

The installation is scheduled to be performed between January and July 2008 and will be managed by CTC Marine Projects and Woodside Energy Ltd teams based in the UK and Australia.

Ends

For further information, please contact Fiona Duckworth, Head of Marketing,
CTC Marine Projects Ltd.

CTC Marine Projects Ltd
Coniscliffe House
Coniscliffe Road
Darlington
County Durham
DL3 7EE
Telephone: 01325 390 500

marketing@ctcmarine.com