Month: September 2020

Sprawling Gold Coast property a ‘European hideaway’

first_imgFrom the air it is a sight to see! ON THE MARKET 36-38 Karina Cres, Broadbeach WatersAgent: Jackson Paradise, Ray White PrestigeFeatures: Pool, gym, CCTV, jetty, outdoor kitchen Area: 1,942sq mExpressions of interest: Closing June 22, 2018Inspections: Saturday and Sunday, 11-11.30am Enjoy the European-inspired gardens.The couple, who have three children — Ava, 11, Tony, nine, and Presley, two — bought the property in 2012 with a big vision in mind. “We couldn’t find a house that suited what we wanted,” Mrs Madden said. “We found this place and the gardens were very overgrown. “We decided to do a massive renovation starting on the inside and going out to the landscaping.” The kitchen.But where exactly do you start on a transformation like this? “For me there were some key pieces that I wanted and one was my large Ilve oven,” she said. “I also found copper sinks and then copper became quite a theme throughout the whole house.” The house was completely guttered with new gyprock, electrics, plumping and a Cbus system installed. “When we pulled the house apart we could have almost knocked it down,” she said. “While the structure is the same we really opened it up.” More from news02:37International architect Desmond Brooks selling luxury beach villa16 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoAs well as renovating the kitchen, bathrooms and bedrooms, french windows were installed in keeping with the European theme. The back deck overlooks the water.The sinks were imported from Mexico while the marble benchtops and tiles were brought in from Italy. “We both really like that warm and rustic feel so everything, from the walls to the ceilings, has a warm undertone — even the lighting is of a warm nature,” she said. Walking around the property, it’s easy to feel a million miles away among the manicured gardens and numerous entertaining areas. “The gardens really compliment the house now, it flows all the way out,” she said. “One of our favourite features is our veggie gardens beside the water.” Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:02Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:02 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p360p360p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenAndrew Winter: How to flaunt your Unique Selling Point01:02 Relax beside the pool. Relax around the pool. There are plenty of warm tones throughout the residence. There is plenty of space – the property is a huge 1942sq m. MEGA SALE MAKES TOP 10 RENOVATE OR KNOCK DOWN? Other standout features include a self contained residence and gym, pool, outdoor alfresco kitchen and a jetty.Mrs Madden said the property would ultimately suit another family. “The big thing about this property is the space,” she said. “There’s so many different areas for a family to use. The couple plans to remain on the Coast and are looking at taking on another renovation project. La Morada at 36-38 Karina Cres, Broadbeach Waters is on the market.IF you’ve ever dreamt of escaping to France or Italy but don’t want to leave the Gold Coast, this is the property for you.Lara and Stephen Madden are behind La Morada, a sprawling European-inspired estate nestled on the waterfront in Florida Gardens.last_img read more

Developers set for first home buyers rush

first_imgAbey Bosley will build her first home at Aura by Stockland.“I chose Aura because it is close to work (Sunshine Toyota) … about 10 minutes,” she said.“And I chose Ausmar Homes (to build her house) as we already have an affiliation with them at work.”Ms Bosely said that while she did not need the extra $5000 to get in to her own home, she wanted to make the most of the full grant. She said her parents would be moving in to help with the repayments.“It had always been my goal to have my own home,” she said. “And I wanted a new house so that I could tweak it to suit my needs.More from newsNew apartments released at idyllic retirement community Samford Grove Presented by Parks and wildlife the new lust-haves post coronavirus18 hours ago“I changed a few things around … rearranged the bathrooms and the outdoor area, got rid of the laundry to extend the kitchen.”Once completed, Aura will consist of 20,000 houses. The Kate Release was launched on June 11, and consists of 19 house sites, two duplex lots and nine terrace lots.First home buyers make up around 50 per cent of Stockland’s residential customers nationally, according to the developer.Sunshine Coast Lightning player Laura Scherian has purchased a block of land at Harmony by AVID Property Group, and will build her first home. Laura Scherian has bought land at Harmony by AVID Property Group, and will soon build her dream home.“I was so thrilled when my partner fell in love with Harmony as well — we just love the community,” Ms Scherian said.“The location of Harmony is perfect, with the generous amount of parkland throughout the development and being so close to schools, the university, hospitals and the highway, which makes travelling to Brisbane a breeze.“What’s even better is that we are only a short drive or bike ride away from the beach and I couldn’t think of anything better to do on the weekend than spend it on the sand.”The $3 billion masterplanned Harmony community is being constructed at Palmview, and will deliver more than 4800 homes for 12,000 residents over the next 15 to 20 years.The developer recently released its seventh stage — Prosperity — which has 21 block of land on offer, ranging in size from 300sq m to 555sq m and starting from $242,500.Meanwhile, more than 60 per cent of buyers at Woodlinks Village at Collingwood Park are living their own great Australian dream — home ownership. Woodlinks Village at Collingwood Park. Photo: SuppliedVillage Building Co CEO Travis Doherty said the vast majority of purchasers so far have been first home buyers, with many drawn to the masterplanned community due to its affordable land and proximity to existing and proposed infrastructure.“The residential communities proximity to Brisbane, Ipswich and Springfield as well as access to retail, education, health and recreation facilities, established public transport and employment, is driving its popularity,” Mr Doherty said.“A multibillion-dollar program of infrastructure development is already underway in the region and is anticipated to see local jobs rise significantly proving to be a real drawcard.”According to Village Building Co, first home buyers, in particular, have been driving the demand and growth in the region.Woodlinks Village will be released over 12 stages and consist of 777 home sites. It is expected to be home to 2500 people once completed. Land in stage seven is currently selling from $171,500. House and land packages are available from $360,848.center_img WITH just one week to go until the First Home Owners’ Great Start Grant reduces from $20,000 to $15,000, residential developers are finalising contracts in a bid to meet the deadline.The cut will take place from July 1, and will revert back to $15,000 — with that grant extended for another 12 months.Real Estate Institute of Queensland media manager Felicity Moore said they were expecting to see a last minute rush of activity in the new home market.“Queensland is already the most active state for these first-timers, with about 25 per cent of lending activity allocated to first home buyers, thanks to our affordable property and the boosted grant,” she said.“It will be interesting to see how that percentage changes once the grant reverts to $15,000 — will we continue to be such a busy hotbed of activity for rookie property buyers?”Porter Davis CEO Adrian Hondros is confident the reduction will have little to no impact on the first home buyers market, suggesting it will instead force builders and developers to come up with more competitive offerings.“What first home buyers need to keep in mind is the overall outlook for the market, which is promising,” he said. “The number of first home buyers has been in decline and although these changes may tighten budgets for some, having an incentive in place will continue to help younger generations get on the ladder.”Mr Hondros said that the reduction would present both opportunities and challenges within the house building industry, and the onus would be on new home builders to provide the correct product to suit the needs and budgets of first home buyers.One of Australia’s biggest residential developers, Stockland, is also confident the market will remain strong.“We have been working very hard to help dozens of first home buyers finalise their land contracts in order to have building contracts in place by the June 30 cut-off,” Stockland’s David Laner said.“It is important for first home buyers to remember that there is still a generous incentive ($15,000) for building or buying a brand new home.”***What you need to do to qualify for the $20,000 grant:— The value of the grant depends on your contract date. Contracts finalised on or before June 30 may be eligible for the $20,000 grant— Contracts not finalised before June 30 will be eligible for the $15,000 grant— The $15,000 grant has been extended until the end of the 2018/19 financial year— The grant is only applicable to new homes and apartments valued at less than $750,000***First home buyer Abbey Bosley signed the contract for her new home on June 10 — with 20 days to spare before the reduction.The 20-year-old has bought a $402,500 house and land package at Stockland’s Aura community on the Sunshine Coast, and will build a single-storey, three bedroom house on a 250sq m lot.last_img read more

Luxury, beachfront living combine at 72A Kewarra St, Kewarra Beach

first_img72A Kewarra St, Kewarra BeachIMAGINE waking up to the sound of the waves lapping the beach, or using the stretch of sand metres from your home as an additional space for rest and recreation.Luxury and absolute beachfront living combine at 72A Kewarra St, Kewarra Beach, a brand new home ready for a family or the perfect holiday house for intrepid folk.Belle Property agent Nicholas Slatyer said the four-bedroom, five-bathroom house was one of the only brand new houses on the beach front in Cairns. 72A Kewarra St, Kewarra BeachMr Slayter said sales of properties north of a million dollars were not unusual across the city and 2018 was on track for at least 50 prestige property buys. “In 2015 we only sold 29 homes over a million dollars in greater Cairns,” he said.“Perhaps we expected the market to really kick into gear this year but we should be really happy with the results so far.” 72A Kewarra St, Kewarra BeachPrivate beach access awaits just metres from the back door and a superbly appointed kitchen with Smeg appliances and walk-in pantry will keep the guests fed and impressed while they mingle on a generously sized undercover patio ready for installation of an outdoor kitchen.The party can then head to the heated pool with spa, set within landscaped tropical gardens on a 803 sqm lot, and with fully automated watering system.center_img 72A Kewarra St, Kewarra Beach“It is a perfect option, as opposed to buying something that’s 20 years old,” he said. “It’s the indoor and outdoor living in these houses that attracts buyers and this one is particularly gorgeous.“It’s basically got two master bedrooms, and the other bedrooms are ensuited so it would suits a family to live in or buy as a holiday home.”More from newsCairns home ticks popular internet search terms3 days agoTen auction results from ‘active’ weekend in Cairns3 days ago72A Kewarra St, Kewarra BeachImpeccable positioning and design mean there is no compromise. The two-level layout comprises 400 sqm of living space appointed to the highest standards, including KNX home automation and remote access security. A contemporary tropical aesthetic is the perfect complement to the delight of the beach on the doorstep, and with an inclusive outdoor entertaining space, separate media room, landscaped gardens and a pool, the property is complete.last_img read more

Luxurious Mudgeeraba estate poised to set suburb record

first_imgGrab the popcorn, sit back and relax in the eight-seat cinema. The grand estate has a $4.25 million price tag. The property last sold for $2.45 million in 2016.The owners’ price hopes for No. 19 is $1.8 million more than the $2.45 million they paid for the property in November 2016, according to CoreLogic records. MORE NEWS: Sydneysider snaps up Coolangatta unit in multimillion-dollar deal MORE NEWS: Trendy Mermaid Beach villas take luxury to new heights More from news02:37International architect Desmond Brooks selling luxury beach villa12 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoLatest CoreLogic figures show Mudgeeraba’s median house price has increased by 13.2 per cent to a $600,000 median in the three years to December. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:51Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:51 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p432p432p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenStarting your hunt for a dream home00:51 19 Boolama Place, Mudgeeraba, is set to break a suburb record with its hefty price tag. A sprawling Mudgeeraba estate with a long list of luxury inclusions is set to break a record if its eye-watering price tag is achieved. The grand five-bedroom, six-bathroom house at 19 Boolama Place will become the suburb’s highest residential sale if the $4.25 million price guide is reached. Mudgeeraba’s current record stands at $4.19 million after the sale of a purpose-built dressage and equine estate at 65 Bonogin Rd in July 2015. Or workout in your personal gym which overlooks the pool. The bedrooms are very opulent. How’s this for outdoor entertaining! It offers five bedrooms and six bathrooms. Harcourts Coastal marketing agent Katrina Walsh said it was truly a remarkable home. “(It’s) one of the best acreage homes I’ve seen on the Gold Coast,” Ms Walsh said. The property was designed by Adam Beck and built by Roth Developments. Sitting on a 7402sq m lakefront block in Jabiru Estate, it offers an eight-seat cinema, mosaic-tiled heated pool, a gym, sauna, and an opulent covered outdoor entertainment area. Inside there are raw stone features, timber accents, natural hues, soaring ceilings and expanses of glass to capture the tranquil bush landscape that surrounds the home. last_img read more

A family castle below the hill

first_imgThe home is being sold by auction via Ray White’s Julie Mahoney. For inquiries phone 0428 242 817. The pair were also drawn to the location. The couple has enjoyed living in the home with their four children for eight years, and are now selling up due to work reasons. “The home provides a true family lifestyle. A big home to cater for a family, and large shady block to keep the kids entertained while playing outside.” “Alexandra Street is one of Townsville’s finest family streets. “We were within easy walking distance to The Strand, Gregory St cafes, Queens Gardens botanical park, the sports ovals on burke Street, Townsville Grammar School, and the bush walking tracks on Castle Hill.”Ms Schrale says the outdoors is equally as stunning, and includes a large pool with its own water feature. “It’s a low maintenance garden, with a variety of gardens and playing areas, many shady trees and abundance of butterflies and birdlife.”“It’s a wonderful, spacious, safe and secure family home in a uniquely welcoming street.” “Coming home up the wooden staircase and getting met with big hugs from the children, watching the New Year’s Eve Fireworks from the front deck every year, and also having a chat at the early evening street parties with our lovely neighbours are some of our most treasured memories,” says Ms Schrale. center_img She sites one of the home’s best features as it’s amazing views of Castle Hill from the back, and glimpses of the ocean and stunning Magnetic Island through the front bedroom windows. “My other favourite feature of the home is its 3 decks. “They provide us all with spaces to enjoy and can be adapted to suit the family as needed. “The children, when younger, would have all their play gear on one side that didn’t get in the way but was a vast space for them to use. “By the kitchen is a great deck to relax with a coffee and enjoy the sea breezes. “On the back deck the children could also play outdoors, but safe from the sun. “You can also very nicely sit and supervise the pool area, enjoy a family Sunday meal, all while appreciating the views of Castle Hill. Watching the seasonal waterfalls off the Hill is a treat.” Ms Schrale says the stunningly designed family home, with 5 kingsize bedrooms and two art-deco bathrooms, provides a great sense of space, both indoors and outdoors.“It has original red bricks from the original Townsville Brickworks, dating back to the early 1900s. The timber flooring is also beautiful, and the high ceilings are lovely,” she says. “We had enough rooms for our growing family, and plenty of indoor and outdoor space for them to play. “The lovely large, level block has been ideal for the children to play in.”More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020 43 ALEXANDRA ST NORTH WARDThe old-fashioned grandeur, stunning views and idyllic location is what drew Bec and Ryan Schrale to this prestige family home in North Ward. last_img read more

Queensland parents turn to home lottery to get children into property market

first_imgThey come fully furnished with more than $277,000 worth of products. MORE NEWS: Inside Ellen’s $34m beachfront compound The RSL Art Union’s latest prize homes are on Sundowner Court in Mermaid Waters.TWINS Addison and Indiana Knight love the idea of living in matching houses next door to each other.It sounds like a children’s fantasy but it could become a reality if their parents Sheree and Aaron picked a winning ticket in the RSL Art Union’s latest prize home lottery.The Deagon couple bought two tickets — one each for the girls — for the two waterfront villas at Mermaid Waters.Mrs Knight said parents were always thinking of ways to best set their kids up and this was a simple and optimistic gesture to help their daughters get into the property market. Addison and Indiana Knight, 7, are among the thousands of people hoping to win the Mermaid Waters prize homes.center_img There are two neighbouring properties in the prize package.“Both my husband and I realise it’s getting harder and harder for younger generations to get their foot in the door, we thought what better way than to spend $5 on a ticket,” she said.“All we want is the best for our children.”As the RSL Art Union sells about 2.5 million tickets in each lottery and about 350,000 people play, the Knights know winning is a long shot.But as the age-old saying goes, you’ve got to be in it to win it.The couple have explained the idea to Addi and Indi but Mrs Knight said the girls haven’t quite grasped the magnitude of it, especially what it would mean if they won.More from news02:37International architect Desmond Brooks selling luxury beach villa10 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day ago“They’re not quite 8-years-old yet so it’s all above their heads a bit,” she said.“But they love the idea of having two houses and living next door to your best friend.“I guess it’s all a bit of a fantasy for them.”She said they had a few ideas in mind regarding what they would do if they won the homes.“Ideally it would be to hand them over to the girls when they’re older,” Mrs Knight said. MORE NEWS: This apartment probably earns more than you The draw closes on July 16.“I think it would be something we would hold onto and rent them out.”The identical Sundowner Court villas are three stories and each have four bedrooms, a waterfront pool, alfresco area with built-in barbecue and rooftop terrace.RSL Art Union property and prize specialist Lisa Roy said the homes were fully furnished with more than $277,000 worth of designer furniture and electrical appliances.“Each villa has been professionally styled to make the most of its generous internal space and breathtaking views of the Gold Coast’s enviable waterways,” she said.“They exude a modern luxe design with premium touches such as polished concrete floors, glass handrails and sleek finishes throughout.”They are worth $3.7 million and could both be rented out for about $156,000 per year.The draw closes on Tuesday, July 16, and the winner will be announced on Wednesday, July 24.All funds from ticket sales go directly to RSL Queensland to fund services for veterans and their families.last_img read more

Swan Hunter Teams Up with Dutch Offshore Contractors

first_imgDutch Offshore Contractors and Swan Hunter signed a memorandum of understanding (MOU) in September, agreeing to jointly provide a complete service package solution to the offshore energy industry by combining their respective specialities.Swan Hunter, with offices in the UK and the Netherlands, provides a wide range of offshore installation equipment for flexible pipelines, umbilicals, power cables, as well as offshore engineering services for offshore renewables and oil and gas projects, including project management and project engineering.Dutch Offshore Contractors specialises in heavy transport solutions and project logistic services with a “direct to sea” terminal in Vlissingen.The companies stated that the agreement will enable this combination to provide their clients with a complete service package from cable factory to storage hub, onwards to installation vessel, and long-term storage, including project mob-demob quay for clients installation vessels.The MOU was signed by Gerard Kroese, Director at Swan Hunter, and Dave Hangoor, Director at Dutch Offshore Contractors (DOC).Gerard Kroese said: “DOC have a well-established heavy transport track record, as well as vast experience in logistics project management. This, combined with the “direct to sea terminal” in Vlissingen, will match with our on and offshore cable installation and handling equipment. We can complement and strengthen each other’s capabilities, and this mutually beneficial agreement means we can ultimately actively enter a larger market and provide full service packages to our clients.”Dave Hangoor said: “Swan Hunter engineering & project management team have extensive experience in offshore renewables and offshore oil & gas industries with a quality equipment pool that includes basket carousels, reel carousels, reel drive systems, reels, tensioners, chutes, under roller drive systems, turntables and other ancillary installation equipment. Combining each other’s capabilities will enable us to provide a “one stop” reliable full package service base to our clients and the renewable market, resulting in a significant cost reduction for the client.”last_img read more

EA1 Leads to One of Europe’s Largest Archaeological Digs in 2017

first_imgThe onshore works for East Anglia ONE underground cable have unearthed a historical treasure for the Suffolk area. So far evidence from the Bronze Age, Iron Age, Roman period, Anglo-Saxons and into the medieval period has been found, making this one of Europe’s largest archaeological digs this year, according to ScottishPower Renewables.Image: ScottishPower RenewablesThe archaeological excavations have been funded by ScottishPower Renewables, prior to the construction of a 37km underground cable, which will connect the 102 turbines from the East Anglia ONE Offshore wind farm to a new electricity converter station at Bramford.Wardell Armstrong was commissioned to oversee archaeological works across 60 hectares of Suffolk countryside, working closely with Suffolk County Council. Up to 400 archaeologists have been involved in the work since February, with a peak on-site workforce of around 250 at any given time, as well as 20 members of the Ipswich and District Metal Detector club.Joanna Young, Stakeholder Manager at ScottishPower Renewables, said: “Hundreds of archaeologists and metal detectorists combing over fields in Suffolk is not the first thing you think of when you imagine an offshore windfarm – but it highlights the wide range of efforts needed to build a major energy project like ours.“We decided early on to invest in underground cables to take power from the offshore windfarm to the National Grid, rather than building pylons. This means laying cables under the ground and roads and rivers and railways across a 37km stretch. We need to make sure that we do this work in a sensitive manner, and it is important to record all items of archaeological significance.”The cable laying project for East Anglia ONE will begin in the next few months, ScottishPower Renewables said, and construction work is already underway at the onshore substation site in Bramford.Offshore work begins in 2018, with the 102 Siemens 7MW turbines due to be installed in 2019, before the project is fully operational during 2020.last_img read more

Sif and EWA Tackle Foundation Logistics Challenge in Asia

first_imgDutch offshore foundations manufacturer Sif and Japan-based East Winds Asia (EWA) have developed a method to transport and store offshore wind foundations in Asian harbors which is said to eliminate the need for additional infrastructural investments.The method includes the foundations being transported on a semi-submersible ship, and once it arrives in a harbor, the cargo is unloaded and foundations are brought into the harbor on barges.The foundations can be picked up directly from the installation vessel with a crane without being stored in the harbor first, Sif said.According to Justus Schoemaker, the Director of EWA, compared to the conventional method of unloading and storage in the harbor, this method can “lead to more than a 50% reduction in transport and storage costs, as port reinforcements and heavy lifting equipment are no longer needed.”Although offshore wind is becoming increasingly popular in Japan, Japanese and other Asian harbors are currently not equipped to deal with the large number of offshore wind foundations, Sif said, adding that there are just a handful of harbors that can carry the weights of offshore foundations heavier than 1,000 tonnes without requiring significant adjustments and investments.last_img read more

TechnipFMC to Deliver Subsea Systems for Gumusut-Kakap Project

first_imgTechnipFMC has received an Engineering, Procurement, Construction and Installation contract from Sabah Shell Petroleum Company offshore Malaysia.The contract covers the delivery and installation of subsea equipment including umbilicals, flowlines and the subsea production system for the Gumusut-Kakap Phase 2 project.Hallvard Hasselknippe, president of TechnipFMC’s Subsea business, said: “We are extremely honored to have been awarded this project by Sabah Shell Petroleum. This award demonstrates the added value of our unique integrated offering (iEPCI) and brings TechnipFMC’s integrated model to the Asia Pacific region.”Gumusut-Kakap field is Shell’s first deep-water development in Malaysia located in waters up to 1,200 meters deep.The project uses Shell Smart Fields technology to control production from the undersea wells. Oil is transported to the Sabah Oil and Gas Terminal onshore at Kimanis, Malaysia via a 200 km-long pipeline.The Gumusut-Kakap project is a joint venture between Shell (33%, operator), ConocoPhillips Sabah (33%), PETRONAS Carigali (20%) and Murphy Sabah Oil (14%).last_img read more