The Directors of JEDCO are pleased to announce the recent signing of a Tripartite Collaboration Agreement with Qube and Edgen Murray. This is a strategic step forward as we progress and leverage a recent Material Supply, Fabrication and Transportation contract which JEDCO and Edgen Murray supported Qube and their joint venture partners at the new Bintan Offshore and Marine Centre (BOMC) in Indonesia.
Qube and JEDCO have been working with the management teams of Edgen Murray in Europe and Asia since 2019, as we explored several operational, project and logistical synergies between the companies across Australasia. All three companies recently worked together on a contract for a client and project in Batam and Offshore Qatar, respectively. JEDCO provided Project Management Consultancy (PMC) services to contract holders Qube, with Edgen Murray providing all steel supply for a sizeable fabrication scope of work which we executed in Bintan. Not only were we able to provide value in terms of cost, but materials were sourced and expedited more efficiently, in spite of COVID-19 restrictions and lock-down challenges.
We are now entering into the proposal phase on several project opportunities which Qube are looking to execute across several of their facilities, including BOMC in Indonesia where, as a collective, we are able to package up not only storage and just in time material supply solutions, but end to end project execution support through the provision of value-add fabrication services including Pre-Assembled Jacket and Topsides components, as well as additional transportation efficiencies through Qube’s Ports and Logistics business streams.
Near-term focus will be to work with our customer and Solution Partner stakeholders, to determine areas of synergy where collectively we can provide cost and schedule efficiencies on near-term scopes of work. In parallel, our teams are working hand in hand with collective customer stakeholders, to explore other value-add options to support future project execution philosophies in and out of Asia. Not only will these solutions add value to our customers but complement ongoing strategies to increase productivity and value-add offerings to projects over the coming years.
“We look forward to working with JEDCO and Edgen Murray at the BOMC facility in Bintan and our PSA facility in Singapore. The BOMC facility is providing world class facilities for the O&G sector in the SE Asian region and the relationship with both companies will enhance our capabilities.”
Qube / BOMC
Peter Richardson –
Executive Director – Commercial (Edgen Murray, Eastern Hemisphere)
“We look forward to working more closely with both JEDCO and Qube. As Edgen Murray’s Eastern Hemisphere business looks beyond its traditional steel stockholding roots towards a global, project driven organisation; it is alliances such as these that call on our collective strengths of the partners that will increase our value proposition to existing and future clients.”
Darren McLean – Executive Director (JEDCO)
“The progress that we have made this year as a collective has provided the necessary proof of concept to our collaborative Solution Partnering model, as well as provided us with the necessary case studies to support ongoing dialogue with new and existing customers. To have both these companies come together is a major milestone; their collective track records, people and processes, along with their financial horsepower means we are able to deliver on all of our value-add commitments made to those private and public sector stakeholders in and out of Indonesia.”
JEDCO are a Technical Consultancy, Project Execution and Project Resourcing company, providing end to end services to customers and projects in the global energy, marine and infrastructure sectors. JEDCO provides subject matter consultative support and solution-based execution and resourcing models to stakeholders from public and private-sector organisations operating across the Upstream, Midstream, Downstream and Infrastructure markets. For more information checkout the website https://jedco.net/
Qube (ASX: QUB) is an ASX top 100 listed company with a market capitalisation of $5.236 billion. Qube employs over 6,800 people in Australia, New Zealand and South East Asia, and has a strong net asset position. Qube Ports has been in operation since 1852, evolving from P&O Ports to P&O Automotive and General Stevedoring (POAGS), to what is today one of the largest stevedoring and logistics providers in the Australian and New Zealand markets. Qube has an excellent reputation and proven track record in providing innovative, cost effective solutions to our clients, focusing on reliability and safety as our number one priority. For more information checkout the website. https://qube.com.au/
ABOUT EDGEN MURRAY
Edgen Murray, a Sumitomo Corporation Company, is a leading global supplier of specialized products for worldwide energy and infrastructure markets. They manage procurement and provide value-added services and delivery of high-performance plate, sections, pipe, fittings, flanges, and valves. Their global distribution platform expands across the Americas, Europe, the Middle East, and the Asia Pacific region. For more information checkout the website. https://www.edgenmurray.com/