Contracts News


Wood Scores TAQA Contract Extension

Sep 03, 2019

Wood has secured an 18-month contract extension for engineering, construction and maintenance services on TAQA’s North Sea assets, the engineering firm announced on Tuesday.Effective immediately, the extension builds on a previous agreement covering the Cormorant Alpha…

Apache Awards Verification Work to DNV GL

Sep 03, 2019

DNV GL announced on Tuesday it has secured a verification services contract from Apache Corporation. The contract, which has a primary term of three years, and two one year extension options, involves operations and project verification for all Apache’s UK North Sea assets…

Airborne Wins TCP Flowlines Wok in Africa

Sep 03, 2019

Airborne Oil & Gas B.V. said it has been awarded a contract from a supermajor through Oceaneering International to supply Thermoplastic Composite Pipe (TCP) flowlines for deployment in West Africa. The manufacturer will provide a 4-kilometer…

Subsea 7 Wins Contract from Total in Brazil

Sep 02, 2019

Subsea 7 announced it has secured a contract from Total E&P do Brasil for the development of the Lapa North East field located approximately 300 kilometers off the coast of the State of São Paulo, at 2,150 meters water depth in the pre-salt Santos Basin…

Seadrill Lines Up Work for West Neptune

Sep 02, 2019

Seadrill has secured a one-year contract with LLOG for the West Neptune operating in the US Gulf of Mexico, the offshore drilling contractor announced on Monday.Total contract value is expected to be approximately $74 million with commencement in December 2019…

Maersk Drilling Wins One-well Job from Petrogas

Sep 02, 2019

Maersk Drilling has entered a $7.6 million contract with Petrogas North Sea to drill an appraisal well at the Birgitta field in the Central part of the UK North Sea, the Danish drilling contractor said on Monday.The contract is expected to commence in March 2020…

Bayu Undan Gas Contracts Updated

Sep 02, 2019

Liquefied natural gas producer ConocoPhillips announced new production sharing contracts with East Timor for the ageing Bayu Undan gas field on Saturday, following the implementation of a new maritime border with Australia.The gas condensate deposit in the Timor Sea…

Sembcorp Marine Reports New Contracts

Sep 02, 2019

Sembcorp Marine said it has won a raft of new projects valued at S$400 million (US$288 million) that includes floating production conversion projects, offshore wind farm jacket foundations fabrication and cruise ship upgrades.THe company's Sembcorp…

Sembcorp Marine Wins Cambo FEED Contract

Aug 29, 2019

Operator Siccar Point Energy said it has awarded an exclusive front-end engineering and design (FEED) contract to Sembcorp Marine for the design of a Sevan cylindrical floating production, storage and offloading unit (FPSO) for its Cambo field development on the UK Continental Shelf…

OKEA Sharing PSV with Neptune

Aug 29, 2019

OKEA announced it has won a tender from fellow oil producer Neptune Energy for supply to drilling operations on the Fenja field (formerly Pil & Bue) at Haltenbanken, offshore Norway.The 89-meter platform supply vessel (PSV) Siem Pride will supply…

$84Mln New Contract Awards for Valaris

Aug 28, 2019

Offshore drilling contractor Valaris has been awarded new contracts and contract extensions for its rigs, with associated revenue backlog of $84 million.The largest offshore drilling and well drilling company in the world, formerly known as EnscoRowan…

Polarcus Wins Work in Southeast Asia

Aug 27, 2019

UAE-based offshore geophysical company Polarcus said it has been awarded a contract to carry out an XArray marine seismic acquisition project in Southeast Asia.The project will commence in the fourth quarter of 2019 with an approximate duration of 40 days.

Green Marine Wins Dudgeon Wind Farm Work

Aug 26, 2019

Green Marine said it has won a three-year contract to deliver operations and maintenance work for Equinor’s Dudgeon offshore wind farm after a competitive tendering process.The Orkney-based company said it will supply its Damen-built 2610 Twin Axe vessel…

L&T Consortium Wins Saudi Aramco Deal

Aug 23, 2019

Indian multinational conglomerate Larsen & Toubro Limited (L&T) announced that a consortium of its arm L&T Hydrocarbon Engineering Limited (LTHE),  and EMAS AMC PTE Ltd (A Subsea7 Company)  has been awarded a project by Saudi Aramco for offshore jackets…

UDS Lines Up Work for Ultra Deep Matisse

Aug 22, 2019

Singapore-based Ultra Deep Solutions (UDS) said it has signed the newbuild dive support vessel Ultra Deep Matisse to a long term contract for a major EPC player. The contract is said to be worth between $50 million to $250 million.The 143-meter…

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