Singapore: Singapore-based Ezion Holdings has received letters of intent from several multinational companies who are supporting the offshore oil and gas projects in Northern Territory of Australia.
The letter of intents follow Ezion's successful bid in securing a land lease in Australia for the development of a marine supply base to support the offshore oil and gas industry.
Located in North of Darwin in Apsley Strait between Melville Island and Bathurst Island, the offshore supply base is naturally sheltered from cyclones with a dockside water depth of 12 m and deepwater access from sea.
“There will be certain engineering and developmental works undertaken for the supply base after which the supply base is expected to be able to provide its basic load out and lay down services to its customers by the end of 2013,” Ezion said.
The supply base is near the main passage for marine activities for oil and gas projects in Northwest Australia, Papua New Guinea and Timor-Leste and in close proximity to oil and gas projects in the Northern Territory of Australia.