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Latest news - Contracts

TechnipFMC wins Shell UK subsea contract

TechnipFMC wins Shell UK subsea contract   TechnipFMC has won a significant contract worth up to $250m from Shell for the Jackdaw gas field development in the UK North Sea. Under the engineering, procurement, construction and installation (EPCI) contract, the New York-listed subsea giant will carry out pipelay for a 30 km tieback from the new Jackdaw platform to Shell’s Shearwater platform, as well as an associated riser, spoolpieces, subsea structures, and umbilicals. The...

Tripartite subsea energy MoU signed between Baker Hughes, Mocean Energy and Verlume

Tripartite subsea energy MoU signed between Baker Hughes, Mocean Energy and Verlume   Baker Hughes, Mocean Energy and Verlume have signed a triparty memorandum of understanding (MoU) to identify and discuss potential opportunities for collaboration on integrated wave energy and subsea energy storage solutions for the emerging subsea clean energy market. In the drive towards lower carbon operations, the MoU will explore the opportunities for integrated wave energy, energy storage an...

Rotech Subsea returns to Saint-Nazaire OWF for global submarine cable player and clinches new USA contract

Rotech Subsea returns to Saint-Nazaire OWF for global submarine cable player and clinches new USA contract   Earlier in the summer Controlled Flow Excavation (CFE) and Suspended Jet Trenching market leader, Rotech Subsea, wrapped up a four month cable de-burial and re-burial campaign at an offshore wind farm off France’s Atlantic coast. Contracted by a global submarine cable system giant, which had retained the Aberdeen-based subsea trenching and excavation specialist on a simil...

Petrofac Awarded North Sea Contract Extension By Serica Energy

Petrofac Awarded North Sea Contract Extension By Serica Energy   Petrofac, a leading provider of services to the global energy industry, has secured a three-year contract extension for maintenance services from Serica Energy. Under the terms of the agreement, Petrofac will continue with the provision of maintenance execution, maintenance consultancy and metering services to Serica Energy’s Northern North Sea asset, the Bruce platform complex which processes production from it...

Adnoc awards $548m contract for gas line at Lower Zakum field

Adnoc awards $548m contract for gas line at Lower Zakum field   Abu Dhabi National Oil Company has awarded a $548 million contract to build a new main gas line at its Lower Zakum field as part of efforts to enable gas self-sufficiency for the UAE and cater to increasing global energy demand. The contract will increase Lower Zakum field’s gas production capacity to 700 million standard cubic feet per day from 430 million, Adnoc said on Monday. The engineering, procurement a...

Valaris Announces Contract Awards and Fleet Status Updates

Valaris Announces Contract Awards and Fleet Status Updates   Valaris Limited (“Valaris” or the “Company”) announced today new contracts and contract extensions, with associated contract backlog of $149 million, awarded subsequent to issuing the Company’s most recent fleet status report on July 28, 2022. Contract backlog excludes lump sum payments such as mobilization fees and capital reimbursements. Three-well contract with Eni Mexico S. de R.L. de...

McDermott Scores FEED Work On Viva Energy Refinery In Australia

McDermott Scores FEED Work On Viva Energy Refinery In Australia   U.S. engineering giant McDermott International has been awarded a Front-End Engineering Design (FEED) contract from Viva Energy Australia as part of its Geelong Refinery project to provide additional desulfurization capabilities. McDermott said that the award followed the successful completion of the Pre-FEED activity and encompasses early engineering and procurement services to support the project schedule. Unde...

STC INSISO secures six-figure contract extension with Peel Ports

STC INSISO secures six-figure contract extension with Peel Ports   Aberdeen-headquartered problem-solving company, STC INSISO, has announced an extension to its contract with one of the largest port groups in the UK, Peel Ports. The extension follows the successful completion of the original scope of work which included health and safety health checks of all of Peel Ports’ container terminals in the UK. The contract extension, bringing the overall value to £200k, will s...

ModuSpec awarded spate of contracts in Europe & Africa region

ModuSpec awarded spate of contracts in Europe & Africa region   ModuSpec, a Vysus Group company, has secured several contracts to support existing and new clients in the Europe and Africa region. Totalling a six-figure sum, the projects include two jack-up intake projects for an operator in Egypt, where one of the rigs is undergoing a period of recertification and maintenance at a shipyard in Malta. Also in Egypt, ModuSpec is supporting the start-up of a workover land rig and dril...

ICR secures long term hire contract with Taqa

ICR secures long term hire contract with Taqa   ICR Integrity (ICR), global provider of specialist maintenance, integrity and inspection solutions, has been awarded a long-term hire contract with Taqa Bratani Limited (Taqa). ICR will provide its Quickflange weldless connections for Taqa’s UK-based operations. The contract is for two years with a two-year extension option.  Lindsay Anderson, Head of Sales – Quickflange at ICR, said: “We have been working with...

Subsea 7 awarded contract offshore Norway

Subsea 7 awarded contract offshore Norway   Subsea 7 today announced the award of a sizeable1 contract by Aker BP for the Trell & Trine field development, located in the Alvheim area of the North Sea. The project involves a subsea tie-back of approximately 21 kilometers to the Alvheim FPSO, via the existing East Kameleon subsea manifold. The contract scope includes engineering, procurement, construction and installation (EPCI) of the pipelines, spools, protection covers and tie...

Aker Solutions and Subsea 7 awarded new contracts with Aker BP

Aker Solutions and Subsea 7 awarded new contracts with Aker BP   Aker Solutions and Subsea 7 have secured contracts from Aker BP for the Trell & Trine field development, located in the Alvheim area of the Norwegian North Sea. The project involves a subsea tie-back of approximately 21 km to the Alvheim floating production storage and offloading (FPSO) vessel, via the existing East Kameleon subsea manifold. Under the contract, worth up to $155m, Aker Solutions will deliver a subs...

Diamond Offshore secures $610M in new drilling rig contracts

Diamond Offshore secures $610M in new drilling rig contracts   Diamond Offshore Drilling Inc. touted rig $610 million in contract awards and that three other rigs secured additional backlog in its latest quarterly results report. Diamond Offshore announced contract awards for the harsh environment semisubmersible Ocean GreatWhite in the UK North Sea, the semisubmersible Ocean Apexin Australia, and the Ocean BlackHornet and a Diamond-managed rig (both seventh-generation drillships)...

Wood to engineer Europe’s most innovative olefin complex

Wood to engineer Europe’s most innovative olefin complex   Wood, the global consulting and engineering company, has secured a new contract with INEOS in excess of $100 million to deliver engineering, procurement, and construction management (EPCm) services for Project One, a new state-of-the-art petrochemicals complex in Antwerp, Belgium, which will deliver an ethane cracker with the lowest carbon footprint in Europe. Effective immediately, the four-year contract will be deli...

PD&MS awarded three-year contract to support Vattenfall’s European operations

PD&MS awarded three-year contract to support Vattenfall’s European operations   Aberdeen-headquartered PD&MS Group has secured a three-year operations and maintenance (O&M) contract with Vattenfall to support its European offshore wind portfolio for an undisclosed sum. The contract, which also has options to extend for a further two-year period, will see the leading international engineering, procurement, construction and commissioning (EPCC) specialist providing...

Adnoc Drilling wins $3.4bn deals to drive offshore growth

Adnoc Drilling wins $3.4bn deals to drive offshore growth   Abu Dhabi National Oil Company (Adnoc) said that two contracts totalling more than $3.4 billion (AED12.6 billion) have been awarded to Adnoc Drilling to hire eight jack-up offshore rigs. The contracts, valued at $1.5 billion (AED5.6 billion) and $1.9 billion (AED7 billion) respectively, awarded by Adnoc Offshore, will support the expansion of Adnoc’s crude oil production capacity to five million barrels per day (mmbp...

Wind energy has provided 34% of Ireland’s power this year

Wind energy has provided 34% of Ireland’s power this year   Wind energy has provided 34% of Ireland’s energy so far this year, on the back of record figures in recent months, a new report shows. The latest figures from Wind Energy Ireland found it accounted for 21% of all of the country’s power last month. July saw a two-fold increase in demand met by wind compared with the same period last year. Wind Energy Ireland chief executive Noel Cunniffe said the fig...

Siem Offshore AHTS secures more work with Equinor

Siem Offshore AHTS secures more work with Equinor   Siem Offshore has secured a contract extension with Equinor for its anchor handling tug supply vessel Siem Opal. The Norwegian vessel owner and operator said the 2011-built AHTS has been booked for an additional three months, commencing September this year at an undisclosed day rate. The Norwegian-flagged large AHTS, built by Kleven, was previously contracted by Equinor from March or April 2022 for a firm period of six months...

Petrofac, GCB bag $300mn EPC deal for Algerian gas project

Petrofac, GCB bag $300mn EPC deal for Algerian gas project   A joint venture between Petrofac and Genie Civil et Batiment has been awarded an engineering procurement and construction contract worth $300mn from Algeria's Sonatrach for the Tinrhert EPC2 gas project in the north African country, Petrofac said on August 4. The project, situated in Alrar, covers the construction of a new central processing facility with inlet separation and decarbonisation units, as well as tie-ins...

Aker Solutions to deliver wellhead platform for Shell’s UK North Sea field

Aker Solutions to deliver wellhead platform for Shell’s UK North Sea field   Shell UK, part of energy major Shell, has awarded an engineering, procurement, construction, and installation (EPCI) contract to Aker Solutions for an offshore platform for the Jackdaw gas field in the UK North Sea. Under the new contract, Aker will provide a complete wellhead platform that is not permanently crewed. The platform comprises a topside and a steel jacket. Aker Solutions will also be...
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