ICON Engineering and ENRA Group form JV for Asian wellhead platforms, marginal facility developments

February 06, 2017

PERTH, Australia -- ICON Engineering Pty Ltd, headquartered in Perth, and Malaysian-based ENRA Group Berhad have announced the formation of a jointly owned incorporated Joint Venture, ENRA ICON Sdn Bhd, based in Kuala Lumpur, to target undeveloped Asian oil and gas fields using ICON’s range of minimal facility, wellhead platforms and self-installing production facilities.

ENRA ICON will harness ENRA’s local knowledge, high level networks and integrated services focus, including local fabrication, for minimal facilities developments. ICON will bring its significant proprietary technology and 20-plus-year execution track record as the global market leader for rig-installed platforms, to significantly reduce field development costs and early production schedules in Malaysia and other regional markets.

ENRA ICON will focus on innovative solutions that will significantly reduce the total costs of most shallow water field developments:

Mini MOPU: Relocatable Processing Platform
Standardized Rig-Installable Platforms (SRIP)
Rig-Installable Annexe Platforms

ICON’s SRIP design range for wellhead platforms provides significant reductions in EPCC cost by adopting standardization, plus significant reductions in offshore installation cost by utilizing relocatable suction piled foundations, rig-install options and light weight.