fetching latest news
News tagged in:
Norwegian oil giant, Equinor has hired Transocean Norge for drilling six wells on the Norwegian continental shelf (NCS). The contract was signed in an estimated value of $89 million. Drilling services such as slop treatment and cutting handling, and part of the mobilization fee are the services included in the contract. Transocean Norge will initiate drilling start-up in the Tordis, Visund, Bauge and Snorre licenses by the summer of 2019.
Equinor has awarded two drilling contracts to Seadrill Norway Operations Limited which is based on a master framework agreement. Under the scope of this contract, two wells will be drilled in the Barents Sea using West Hercules rig and the operations will start in the spring of 2019. Equinor’s senior VP for Drilling & Well Services has informed that the company has finalized the drilling program for West Hercules.
Cyprus-based Prosafe SE secured a $12 million contract for the semi-submersible accommodation vessel, Safe Caledonia. Prosafe signed the contract with a major oil and gas operator. The vessel will provide accommodation support in the UK sector of the North Sea. The four month duration contract commences in April 2019, with up to two months of options.
SOCAR Turkey Energy AS has awarded a contract to oilfield services giant, Baker Hughes to deploy its proprietary Asset Performance Management (APM) software at SOCAR’s refining and petrochemical complexes in Turkey. The contract has come as part of an asset management system establishment and implementation project at the complexes. BHGE will carry out the contract with cooperation with Flour Corporation.
UK-based speciality chemicals giant, Johnson Matthey bagged a license supply contract for Methanex’s third US methanol plant. The license pertains to the 5,000 mtpd ATR methanol technology flowsheet, and also includes associated engineering, proprietary equipment and catalyst supply. Johnson Matthey’s methanol technology has been licensed for more than 45 years now. The final investment decision (FID) will come in mid-2019.
Newbury-based Oil Plus has secured £625,000 worth of deals in regions of Middle East and India. Oil Plus will provide Al Khafji Joint Operations (KJO) with five-month water injection compatibility studies and engineering work. Aramco Gulf Operations Company and Kuwait Gulf Oil Company jointly operate KJO. The firm is also looking to increase its technical headcount, and has plans to recruit some more people for the team.
Petrofac has agreed on joining hands with Algeria’s Sonatrach. The deal is of £543 million for the Tinhert project for field development in Algeria. The agreement is the EPC1 section of the project. The scope of the contract includes commissioning, performance testing and start-up of facilities. A 248-mile pipeline network to connect 36 wells is also part of the agreement. The project is scheduled for completion in 36 months.
British EPC giant, TechnipFMC has won a contract to carry out the licensing, engineering, procurement, construction, commissioning and start-up for Vietnam’s maiden olefins plant. The contract has been awarded by SCG-owned Long Son Petrochemicals Co. The plant will utilize TechnipFMC’s proprietary ethylene technology, to produce up to 1.6 million tons of olefin per year.
Aberdeen-based Subsea Technologies, yesterday, secured a £1.6 million deal from an unknown Texas-based global engineering firm. The contract will require Subsea Technologies to deliver a range of well intervention equipment so as to permit a reliable connection point into well access systems. The 2010-incorporated firm will provide productivity saving equipment and reduce downtime, as well.
United Oil & Gas Plc has informed that after the announcement of May 24, 2018, it has now accepted the formal offer from the UK oil and gas regulator. The firm has been awarded Blocks 15/18d and 15/19b and their license term will start from Oct. 1, 2018. These blocks are said to be of very high potential in the Central North Sea and cover an area of c. 13.6 sq km.
Wood, Aberdeen’s energy company was successful in securing a three-year extension to an agreement, originally awarded in 2014, from Shell. Under the contract, Wood will provide completions management software GoTechnology, globally used by Shell's major commissioning operations.The set of software applications provided can be used in various sectors like mining and metals, brownfield, subsea and decommissioning.
Norwegian oil giant, Equinor has handed a BOP data monitoring contract to 4 Subsea in a 3-year Master Service Agreement. 4Subsea will process the Blowout Preventer measurement data streamed from offshore drilling rigs of Equinor. The technology provider will also resource well monitoring services and rent sensors to support Equinor’s requirement of collecting, processing, and documenting BOP measurement data.
CNOOC wholly-owned subsidiary, Nexen has awarded a contract for the Scott platform in the North Sea to integrity specialist, Pipetech. The scope of the contract covers Active Caisson Management, delivering inspection, cleaning, coating and planned and programmed maintenance. Throughout the lifespan of caisson, the firm will additionally support with repair scheduling to improve cost efficiencies and sustain asset integrity.
European ship-owner, Celsius Tankers has awarded Samsung Heavy Industries with the contract for two 180, 000 cubic meters LNG carriers. The Celsius LNG carriers will be the first carriers in the world to possess Samsung’s air lubrication system, SAVER Air. The SAVER Air reduces friction by spraying air at the bottom of the ship to form a layer of air between the hull surface and seawater, saving loads of energy.
Aker Solutions has won more than NOK 350 million orders of CNOOC’s Liuhua oil fields. It will deliver power umbilical systems to China’s oil major. The engineering work will be done by Aker’s Malaysian team while production and manufacturing will be done at its facility in Alabama, US. Delivery of Liuhua 16-2 and 20-2 is set for 2019 end and that of Liuhua 21-2 is in 2020.
The UK-based oilfield services company, Petrofac has bagged £290 million contract by Basra Oil Company. Under the 34-month contract, Petrofac will provide facilities for the expansion of the central processing facility in the Majnoon Field, Southern Iraq. Additionally, two oil processing trains with a capacity of 200,000 barrels of oil per day are also included in the engineering, procurement and construction contract.
Saipem has awarded the contract for supplying two sheave connection points (SCPs) for Dolphin Energy’s emergency pipeline repair system (EPRS) to UK-based Balltec. Under the Dolphin project, natural gas is transported from North Field of Qatar for processing at EPRS’ offshore processing plant at Ras Laffan. The gas is then transported to Taweelah, UAE via export subsea pipeline.
High Arctic Energy Services has entered into a contract renewal contract with Oil Search Limited. All primary contracts of the Calgary-based energy services firm in Papua New Guinea will be renewed for a three-year term. The PNG-LNG facility returned to full production after shut down post a significant earthquake in February.