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Latest news - Contracts

Interventek wins repeat business to supply open-water Revolution safety valves to Trendsetter

Interventek wins repeat business to supply open-water Revolution safety valves to Trendsetter   Aberdeen-based, subsea well intervention technology specialist, Interventek has been awarded a repeat order from Trendsetter Engineering in Houston, to supply additional 6-3/8”, 15,000psi, open-water Revolution shear-and-seal valves. The seven-figure contract comes on the back of Int...

Chevron Awards GOM Drilling Contract

Chevron Awards GOM Drilling Contract   Chevron has awarded Valaris Limited a three-year contract securing a drilling unit in the U.S. Gulf of Mexico (GOM), Valaris reported Tuesday. Valaris noted the that it expects the contract for the drillship VALARIS DS-18 (Relentless) to commence in the first quarter of 2022, directly continuing the drilling unit’s current contract. Valaris’ latest fleet status report on May 3, 2021, states the drillship’s existing contract...

Worley wins contract with Ithaca for Captain EOR project

Worley wins contract with Ithaca for Captain EOR project   Worley has been awarded a two-year contract to provide engineering and procurement (E&P) services to Stage 2 of Ithaca Energy’s Captain Enhanced Oil Recovery (EOR) project in the central North Sea. The contract will see the completion of engineering and procurement of equipment packages and will extend Worley’s support of the design of the topsides. This work, together with additional subsea wells and infras...

Maersk Drilling lands two development well contract in Brazil’s Patola field

Maersk Drilling lands two development well contract in Brazil’s Patola field   Karoon Energy Ltd has exercised an option to add the drilling of two development wells at the Patola field offshore Brazil to the work scope of the semi-submersible rig Mærsk Developer. The work is expected to commence in the second half of 2022, in direct continuation of the rig’s previously agreed work scope with Karoon Energy Ltd. The contract extension has a firm duration of 120 days,...

Valaris scores second rig deal in two days

Valaris scores second rig deal in two days   Offshore drilling contractor Valaris is still on a hot streak as it secured another contract extension, this time with Norwegian oil major Equinor. Valaris said on Wednesday that it was awarded a two-well contract extension with Equinor for the heavy-duty ultra-harsh environment jack-up Valaris JU-291 (Stavanger). The extension is for an estimated 120 days in direct continuation of the existing contract. As a result, the Valaris JU-29...

Valaris Wins West Africa Drilling Contract

Valaris Wins West Africa Drilling Contract   Total E&P Cote d’Ivoire B.V. has awarded Valaris Limited a one-well contract offshore Ivory Coast, Valaris reported Tuesday. The contract secures the VALARIS DS-12 drillship, Valaris noted in a written statement emailed to Rigzone. The firm added that it expects the contract to commence in the third quarter of this year. The DS-12 can operate in up to 12,000 feet (3,658 meters) of water and drill to a maximum depth of 40,00...

Expected contract award, offshore Brazil

Expected contract award, offshore Brazil   Subsea 7 announced today that Subsea Integration Alliance(1) anticipates final confirmation of a major(2) contract award by Equinor in the near future. If confirmed, it is envisaged that the project work scope will cover engineering, procurement, construction and installation (EPCI) of the subsea pipelines (SURF) and production systems (SPS) for the Bacalhau field, located 185 kilometres from the coast of the state of São Paulo, Bra...

Petronas awards Limbayong SURF contract to TechnipFMC

Petronas awards Limbayong SURF contract to TechnipFMC   Petronas Carigali Sdn Bhd (PCSB) has awarded the Engineering, Procurement, Construction, Installation and Commissioning contract for subsea production system, Umbilical, Riser and Flowline (SURF) for its Limbayong Deepwater Development Project to FMC Wellhead Equipment Sdn Bhd, a subsidiary of TechnipFMC. Limbayong is an oil and non-associated gas field located 120 km offshore Sabah in water depths of between 900 and 1200 m. T...

Subsea 7 gains Petrobras deepwater project work

Subsea 7 gains Petrobras deepwater project work   Petrobras has contracted Subsea 7 to provide multiple services to develop the Mero-3 field, 200 km off the southern coast of the state of Rio de Janeiro. This field lies in water depths of 2.2 km below the salt layer of rock, within the seabed, that covers much of the region. Subsea 7’s contract scope includes engineering, fabrication, installation and precommissioning of subsea lines and equipment. The subsea spread will be l...

Maersk Drilling pick up $10m contract from Equinor

Maersk Drilling pick up $10m contract from Equinor   Equinor Energy AS has exercised an option to add well intervention work at the Martin Linge field offshore Norway to the previously agreed work scope for the ultra-harsh environment jack-up rig Maersk Intrepid. The well intervention scope has an estimated duration of 29 days. The firm value of the contract extension is approximately USD 9.9m, including integrated services but excluding potential performance bonuses. The contract...

Technip Energies Has Been Awarded a Significant Project Engineering and Management Services Contract by KIPIC, a Subsidiary of Kuwait Petroleum Corporation

Technip Energies Has Been Awarded a Significant Project Engineering and Management Services Contract by KIPIC, a Subsidiary of Kuwait Petroleum Corporation   Technip Energies through its wholly owned subsidiary in the UK (Technip E&C Limited) has been awarded a significant(1) contract for Project Engineering and Management Services (PEMS) by Kuwait Integrated Petroleum Industries Company (KIPIC) for various projects in southern Kuwait. The contract is for six (6) years duration...

Equinor bringing in a third Odfjell rig

Equinor bringing in a third Odfjell rig   Odfjell has been awarded a drilling contract for its Deepsea Stavanger mobile rig, scheduled to start drilling in February 2022. The contract includes continuing options after the initial phase. The contract value is estimated at around USD 40 million for the fixed part of the contract. Drilling services and other additional services, such as running casing, treatment of wastewater, handling of cuttings, remotely operated vehicle (ROV) and...

First Integrated Solutions secures significant contract from Saipem

First Integrated Solutions secures significant contract from Saipem   First Integrated Solutions are pleased to announce the next in a series of exciting new contract wins this time with Saipem, a global solution provider in the energy and infrastructure sectors. This contract covers the provision of rigging and testing services and the supply of rigging equipment. This award was secured with our best-in-class customer focused service, our ability to adapt to the requirements of th...

Subsea 7 awarded contract offshore Brazil

Subsea 7 awarded contract offshore Brazil   Subsea 7 today announced the award of a very large(1) contract by Petrobras for the development of the Mero-3 field located approximately 200 kilometres off the coast of the state of Rio de Janeiro, Brazil, at 2,200 metres water depth in the pre-salt Santos basin. The contract scope includes engineering, fabrication, installation and pre-commissioning of 80 kilometres of rigid risers and flowlines for the steel lazy wave production system...

Multimillion Dollar Deals Underline Australian and Asia Pacific Growth

Multimillion Dollar Deals Underline Australian and Asia Pacific Growth   A leading international drilling and well engineering consultancy and service provider for the energy industry has significantly strengthened its foothold in the ASPAC region by securing deals worth AUD$4.7 million. Add Energy has recruited 4 new consultants to its 25-strong team based in Perth, WA to augment the delivery of work on behalf of a broad and growing client base, including private investment groups...

Nexans awarded major contract for Equinor’s project in Brazil

Nexans awarded major contract for Equinor’s project in Brazil   Nexans said it has won a major contract with Subsea Integration Alliance, partnership between Subsea 7 and OneSubsea, for the Bacalhau ultra-deepwater oil field development project in Brazil. Under the contract, Nexans will design, manufacture and supply 44 km of steel tube umbilicals and accessories for Equinor’s project in Q4 2022.. Equinor’s offshore project in Brazil is targeting pre-salt reser...

Stena and Delta Offshore Energy announce FEED agreement

Stena and Delta Offshore Energy announce FEED agreement   Stena Power & LNG Solutions today announced it has been awarded a contract by Delta Offshore Energy (DOE) to provide front-end engineering design (FEED) for usage of Stena’s jettyless LNG transfer and regasification solutions. DOE will employ Stena’s Jettyless Floating Terminal (JFT) and Self-installing Regas Platform (SRP) to assist in providing energy to the 3200 MW power plant project to be located at Bac...

Saipem wins two onshore drilling contracts in Saudi

Saipem wins two onshore drilling contracts in Saudi   Saipem, an Italian multinational oilfield services company, has been awarded the extension of two important contracts for onshore drilling activities in Saudi Arabia for a duration of five and 10 years, respectively. The company also received a new contract in Colombia for a duration of four years. The total of orders acquired by the onshore drilling division since the beginning of 2021 thus exceeds $250 million. With these a...

Adnoc awards $318m EPC contracts for smart well installation

Adnoc awards $318m EPC contracts for smart well installation   Abu Dhabi National Oil Company (Adnoc) said it plans to connect newly drilled smart wells to the main production facilities in Bu Hasa at an investment of AED1.16 billion ($318 million), thus helping it to sustain production capacity of 650,000 barrels per day (bpd) at Adnoc’s largest onshore asset.   The engineering, procurement and construction (EPC) contract has been awarded in two packages by the Abu Dhabi...

Equinor and Sonatrach sign memorandum of understanding

Equinor and Sonatrach sign memorandum of understanding On 17 May Equinor and Sonatrach signed a memorandum of understanding (MoU) to examine cooperation within oil and gas exploration and production in Algeria and internationally. The signing of the MoU strengthens the existing partnership between Equinor and Sonatrach. The MoU also includes cooperation within greenhouse gas emissions and carbon management, industrial safety management, implementation of technology to increase hydrocarbo...
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