Doha, Qatar, Nov. 02 2004 - RasGas Company Limited entered today a long-term agreement for the provision of a "Consolidated Maintenance Contract" with Transfield Worley TRAGS. This new contract was formally signed by Jerry J. Wolahan, RasGas Managing Director, Joseph Sadatmehr, Chief Operating Officer, Transfield Services (Qatar), Ian Wilkinson, Director of Operations Middle East, Worley and Mounir Issa, Managing Director, Trading and Agency Services (TRAGS).
Commenting on the agreement, Managing Director Jerry J. Wolahan stated: "This contract embodies initiatives launched by RasGas to achieve its vision of being the "Pacesetter" within the world LNG Industry through attaining levels of performance required to reach these targets."
John O' Leary, RasGas Operations Manager further elaborated: "Maintenance is an important component of our operations and RasGas is as such committed to ensuring that its plants are operated safely and reliably to fulfill its obligations towards the community as well as its customers. In this context, a contracting strategy has been developed to flexibly accommodate RasGas' rapid expansion as well as provide incentives for performance against targets in key areas namely, safety, quality and cost. This strategy is unique to Qatar and the region and will achieve new standards for the local industry by incorporating international best practices and local knowledge and experience."
Mounir Issa, TRAGS Managing Director highlighted his company's firm commitment to achieving the pacesetter goals and objectives required by the "Consolidated Maintenance Contract" stating, "As a local Qatari contracting company, TRAGS are extremely proud to have been awarded this long-term Consolidated Maintenance Contract by RasGas Company Limited. We believe that the collective knowledge, expertise and professionalism the Transfield, Worley and TRAGS joint venture brings will undoubtedly ensure RasGas' position as a leading internationally respected LNG company, dedicated to the highest level of professional operational standards throughout their existing and future strategic expansion programmes."
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RasGas Company Limited
RasGas Company Limited was established in 2001 by QP (70%) and ExxonMobil (30%), to assume responsibility for providing a full range of operations and maintenance management services to Ras Laffan Liquefied Natural Gas Company Limited, Ras Laffan Liquefied Natural Gas Company Limited (II) and future expansion opportunities. The Company commenced operations in July 2002.
Transfield Worley TRAGS is a Joint Venture which incorporates the strengths of Transfield Services and Worley who are internationally recognised with expertise in Engineering, Asset Management, Shutdown and Project Management, Operations and Maintenance of Oil and Gas facilities and a local Qatari contracting Company, Trading and Agency Services W.L.L. (TRAGS) who have an established performance record with RasGas Company Ltd.
© Press Release 2004
