Contract Award NEWS

Ithaca Energy has awarded a five-year integrated services contract to oilfield services provider Petrofac. According to the contract, Petrofac will integrate operations, as well as provide maintenance, engineering and construction services for Ithaca’s North Sea assets. Petrofac will also provide onshore and offshore technical support across all of the Ithaca’s North Sea operated asset base. Ithaca Energy has working interests in 18 offshore producing fields in the UK North Sea.

DOF Subsea has secured multiple new contracts worth $110m from Brazilian firm Petrobras. According to the contract, DOF Subsea will provide survey and inspection services within its core service lines. These operations will be performed in the Campos, Santos, and Espírito Santos basins, as well as Marlin Field. The contract works are expected to start in the fourth quarter of this year.

McDermott International Ltd. to provide front-end engineering design (FEED) services for the subsea gas pipeline as a contract with Delta Offshore Energy for its Sisyphus project. The pipeline will connect a regassification platform, located about 22 mi (35 km) offshore. Installation studies will be performed by the company’s marine operations. McDermott International Ltd. has also been awarded the pre-engineering geotechnical and geophysical survey services contract.

Weir Oil & Gas Dubai has signed a three-year agreement with a national oil company in the UAE. The contract secures the provision of Weir Oil & Gas Rotating Equipment services, machine shop services, emergency manufacturing and site works. This agreement could position Weir as a key provider for the client and allow Weir to expand its portfolio in the specific oil field.

Drilling rig operator Maersk Drilling has secured another one-well contract from Aker BP. The $21.6m contract excludes a potential performance bonus and comes with a further one-well option. The original contract forms part of the Aker BP includes alliance agreement with Maersk Drilling and Halliburton. The contract for the Maersk Integrator is a direct continuation of its previously announced work scope and is expected to start next April.

Petroleo Brasileiro (Petrobras) has signed a Letter of Intent (LoI) with Malaysia's MISC Berhad for the charter of a floating production, storage and offloading (FPSO) vessel, to be deployed at the Mero field. The Mero field is an ultra-deepwater oilfield situated approximately 180km offshore Rio de Janeiro in the Libra block, Brazil. The FPSO is expected to commence operation in the first half of 2024.

Solstad Offshore (Norwegian offshore service company) has secured a contract from subsea contractor Ocean Installer for the Normand Vision high-capacity construction support vessel which is capable of carrying out the installation of subsea structures, umbilicals, risers and flowlines with a length of 157cm. It is equipped with a 3,000t underdeck carousel and a 150t vertical lay spread system. The contract starts in the first quarter of next year.

Remazel engineering, an Italy based firm has secured a contract from Bluewater for work on the Jotun FPSO upgrade project. According to the contract, Remazel Engineering will supply the complete mooring and riser pull-in system for the FPSO. The contract includes the design and manufacturing of three windlasses of 250t and a single drum winch for riser pull in.

Iraq’s government agreed to sign a contract with JGC Corp to build a 55,000 barrels per day refinery in the southern region of Basra. The refinery will produce fuels including liquified petroleum gas, gasoline and gasoil, estimating the cost of the facility at $4 billion.

A joint venture between Getka and Unimot, 3 Seas Energy landed a historic contract to provide Belarus with its new blended oil variety, White Eagle Blend. 3 Seas Energy produced the blend exclusively at the Phillips 66 Beaumont Terminal and it is being traded from the facility, because of the advantage from the area and infrastructure.

Geo-data specialist Fugro has bagged a subsea inspection contract from UK-based offshore operator, Neptune Energy for its Cygnus gas field in the North Sea. Under the scope of the contract, Fugro will utilize its advanced remote monitoring technology to survey subsea structures present at the Cygnus gas field. The field is operated by Neptune Energy (38.75% stakes) where Spirit Energy is a partner (61.25% stakes).

Subsea 7 has landed Aker BP's contract for the Hod Field Development Project in the southern part of the Norwegian North Sea. Under the scope of the contract, the offshore installation and construction firm will provide engineering, procurement, construction and installation (EPCI) for pipelines, umbilicals, as well as tie-ins using vessels from its own fleet.

Shelf Drilling has received a notification from Saudi Aramco that operations of the jackup High Island IV will be suspended for a period of up to 12 months. The suspension, at a zero-day rate, will take effect on completion of work currently in progress: the term of the contract will be extended by a period equal to the suspension period, Shelf Drilling added.

Aker Solutions has secured a contract from Subsea 7 to deliver umbilicals for Murphy Oil subsidiary Murphy Exploration and Production’s King’s Quay development in the US Gulf of Mexico. Murphy Oil holds a 50% stake in King’s Quay floating production system (FPS) while the remaining interest is held by private equity firm Ridgewood Energy Corporation.

Norwegian oil company Aker BP has ordered the topside and steel substructure from Kvaerner for the normally unmanned wellhead platform at the Hod field. This is the second project in the wellhead platform alliance, which was established between Aker BP, Kvaerner, ABB, and Aker Solutions. The contract has a value of approx. NOK 1 billion (USD 106 million) for Kvaerner.

UK development and production company, Independent Oil & Gas has awarded the core project phase one well management contract to Petrofac. The AIM-traded firm said the award followed a competitive tendering process, and the approval last month of the phase one field development plan by the UK Oil and Gas Authority (OGA). The contract scope covered planning, execution and close-out phases of the phase one drilling programme.

Basra Oil Co. has extended Petrofac’s Engineering & Production Services division’s contract for the offshore Iraq Crude Oil Export Expansion Project by six months. Petrofac has worked with BOC for seven-and-a-half years as operations and maintenance service provider, helping to raise daily crude exports beyond 2 MMbbl. The terminal, which handles around 50% of Iraq’s crude oil exports, is 60 km (37 mi) offshore the Al Fao peninsula, southern Iraq.

Italian firm Saipem has signed a two-year frame agreement with Norway’s Equinor covering engineering services worldwide. The frame agreement includes assistance for Equinor’s upcoming onshore, offshore and floating wind sector projects, as well as feasibility and conceptual studies, detailed engineering and related support for R&D activities. The scope of the frame agreement extends to offshore trunklines and routing design for products such as umbilicals, cables, static flexibles and power cables.