Contract News

FMC Technologies, BG sign global frame agreement

Oct 27, 2014

FMC Technologies Inc. signed a 10-year global frame agreement with BG Group to supply subsea equipment and services for BG developments worldwide. FMC mentioned the award from BG Group during its earnings call on 22 October 2014. This…

Ophir acquires Indonesian PSCs

Oct 27, 2014

Ophir Energy plc entered into an agreement with Niko Resources to acquire interests in seven deepwater production-sharing contracts (PSCs) in Indonesia. Image from Ophir.   The PSCs have equity interests ranging from 18…

Maersk secures US$17 million Total contract

Oct 27, 2014

Total awarded Maersk Drilling’s third drillship, the Maersk Venturer, a short-term, US$17 million contract for a one-well program offshore Malaysia. Maersk says the contract is for 45 days with an option to extend for up to 40 days. The drilling program is expected to begin in December 2014…

Technip gets EnQuest EPCI

Oct 27, 2014

EnQuest awarded Technip a large engineering, procurement, installation and construction (EPCI) contract for the Kraken development located in the North Sea, 400km northeast of Aberdeen and 130km east of Shetland, at a water depth of approximately 120m…

KBR wins Statoil contract

Oct 23, 2014

Norway’s Statoil awarded KBR, Inc. a three-year master services agreement (MSA) to provide engineering and procurement services for the Norwegian giant on a global scale. The MSA has an option to renew every three years for a total of 12 years…

OneSubsea, BG Group sign global frame agreement

Oct 23, 2014

OneSubsea signed a 10-year global frame agreement with BG Group to supply subsea production equipment and aftermarket services. The agreement establishes a framework for BG to pursue a standardized approach to subsea production technology…

EMGS ready to begin Malaysia work

Oct 22, 2014

Electromagnetic Geoservices ASA (EMGS) won a contract for 3D EM data acquisition in Malaysia. The survey will begin 24 October using the BOA Thalassa vessel. From a letter of intent, received on 6 October 2014, the contract is worth US$6…

Eni, Kogas strengthen African presence

Oct 17, 2014

Italian major Eni and Korea Gas Corp. (Kogas) signed a cooperation agreement that will allow the two to jointly pursue global opportunities in a number of areas including the upstream and LNG sectors.  Image from Kogas…

Aqualis wins three contracts

Oct 17, 2014

Aqualis Offshore, part of Oslo’s Aqualis, recently won three contracts from different companies for several services. ONGC awarded Aqualis Offshore with a nine month contract to provide rig moving and marine warranty services offshore India…

Chevron extends Maersk Deliverer for two years

Oct 16, 2014

Chevron’s Angolan subsidiary, Cabinda Gulf Oil Co. Ltd., extended its contract for the ultra deepwater semisubmersible Maersk Deliverer offshore Angola for two years. Maersk says that the estimated revenue potential from the two-year extension is US$387 million…

SWS building two jackups for BOD

Oct 16, 2014

Blue Ocean Drilling Ltd. (BOD) awarded China’s Shanghai Waigaoqiao Shipbuilding (SWS) a contract to build two Gusto MSC CJ50 high specification jackup rigs. Image from Blue Ocean Drilling.   Upon the terms of agreement…

KD consortium wins Eni FLNG FEED

Oct 16, 2014

Eni East Africa SpA awarded the KD consortium, consisting of KBR Inc. and Korea’s Daewoo Shipbuilding & Marine Engineering (DSME), a contract for a front end engineering design (FEED) for a floating liquefied natural gas (FLNG) facility for…

Heerema wins Maersk Culzean contract

Oct 15, 2014

Maersk Oil North Sea UK Ltd. awarded Heerema Hartlepool Ltd. a contract for the engineering, procurement and construction (EPC) of the Culzean development’s well head platform (WHP) jacket. Maersk’s proposed Culzean development…

BMT gets Saipem contract off Brazil

Oct 15, 2014

Saipem awarded BMT Group Ltd. a contract to supply the riser integrity monitoring systems for the Lula Norte and Lula Extremo Sul developments in the Santos Basin pre-salt region, off Brazil. BMT’s subsidiary, BMT Scientific Marine Services…

Expro gets US$50 million Ichthys contract

Oct 15, 2014

Expro obtained a US$50 million contract to supply a high rate well testing package and ancillary services for the Inpex-operated Ichthys LNG Project, off Australia. Upon the terms of agreement, Expro will provide well testing, large bore subsea landing string…

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