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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.
Lamprell zoomed 55% to 18p on Wednesday afternoon on the back of a new contract award by Sharjah National Oil Corporation valued between US$6-50mln. The oil services firm will undertake engineering, procurement, installation and commissioning contract associated with the Mahani gas and condensate field in the UAE. Scheduled for completion in early 2021, Lamprell's scope of work is specific to the Mahani Extended Well Test project.
Shearwater GeoServices Holding AS (‘Shearwater’) is pleased to announce the award by Apache of a 4D seismic survey with 3D extension over the Forties Field in the UK North Sea. The one-and-a-half-month project will be conducted by the Amazon Warrior starting in Q2 2020. In January, Shearwater announced multiple 4D surveys to be performed in the 2020 North Sea season.
Nigeria LNG has awarded an EPC contract (Engineering, Procurement & Contract) for Train 7 project to Italian contractor, Saipem. The long-awaited project is expected to boost Nigeria’s liquefied natural gas (LNG) output by more than 30%. Saipem claimed that the overall value of the contract was above $4 billion, with its share at roughly $2.7 billion. With the LNG production declining, this deal might change the course of things.
BP has extended Petrofac’s inspection and maintenance contract for its North Sea facilities for a further three years. The award is in addition to a new four-year metering contract that covers offshore and onshore consulting and support. Last year the two parties collaborated to demonstrate new execution techniques. Petrofac combined the use of Digital Twin technology, Connected Worker and its proprietary software BuildME to digitalize all campaign maintenance and inspection.
Offshore drilling contractor, Maersk Drilling has landed drilling work contract for Maersk Intrepid from Equinor at the Martin Linge field, offshore Norway. Made for carrying out work in ultra-harsh environments, the jack-up rig will commence work in September this year and will drill three wells and plug one on the Martin Linge field. The contract also involves managed pressure drilling (MPD), slop treatment, cuttings handling and tubular running services.
Diamond Offshore Drilling, which recently went bankrupt, has slapped a lawsuit against Beach Energy Ltd for abruptly ending a drilling contract worth $65 million. Beach Energy ended the agreement, citing that Diamond Offshore couldn't achieve a “contractual milestone to deliver the rig”. The lawsuit filed in Houston asks the court to render the termination notice invalid, on the grounds that the delay was “largely of Beach’s own making”.
UK-based subsea well-decommissioning specialist Well-Safe Solutions has awarded a subsea well decommissioning support contract to Dutch geological survey major, Fugro. The three-year-long contract requires Fugro to support the semi-submersible Well-Safe Guardian which will carry out the decommissioning. The scope of the contract includes the provision of remotely operated vehicle (ROV) services, rig positioning and remote operations for the decommissioning process.
The Arabic language daily Alanba has reported about Kuwait granting three contracts for the provision of maintenance and engineering services for two of its oil refineries with a combined value of $481 million. The first contract is worth $313 million for engineering and mechanical works at Al-Ahmadi refinery, the second deal is worth $168 million for Block-2 maintenance services for the 615,000-bpd Al-Zour refinery.
UAE state-run ADNOC has canceled two contracts awarded to the oilfield service provider, Petrofac valued at $1.5bn. The contract awarded only two months ago required Petrofac to carry out work on the Dalma Gas Development project offshore Abu Dhabi. The development operated and 60% owned by ADNOC, where Eni, Wintershall and OMV are partners.
Sutton-based engineering, construction and services, Subsea 7 has landed a contract to deliver services to support Chevron's Anchor field operations, in the US Gulf of Mexico. The contract requires Subsea 7 to offer project management, engineering, procurement, construction and installation (EPCI) of subsea umbilicals, risers, and flowlines (SURF) components, flying leads, and jumpers. The Anchor oil and gas field is jointly owned by Chevron (62.86%) and Total (37.14%).