Contracts News


Aker Solutions Wins Services Contract in Brazil

Sep 18, 2018

Petrobras has awarded Aker Solutions a contract to provide maintenance and modifications services for nine platforms at oil and gas fields in the Campos Basin offshore Brazil.The Campos Basin extends approximately 100,000 square kilometers.…

Offshore Wind: Fugro Starts Site Survey in the Baltic

Sep 14, 2018

Fugro has commenced a marine site characterization program at Iberdrola’s Baltic Eagle Offshore Wind Farm, in German waters of the Baltic Sea.Under a contract worth over €10 million ($11 million), Fugro will undertake a UXO survey to clear the investigation sites…

Huisman Building Drilling System for CMHI

Sep 14, 2018

This week, China Merchants Heavy Industries (CMHI) awarded Huisman a contract for the engineering and fabrication of a drilling system which will be integrated and installed on the moored drilling semi-submersible constructed at CMHI Haimen…

Petrofac Secures Well Engineering Contracts

Sep 13, 2018

Petrofac has strengthened its global Well Engineering contracts portfolio following a series of award wins worth a combined value of around $20 million.Petrofac secured an exclusive five-year Well Operator Services contract from independent Exploration & Production company…

Havyard Bags Shipbuilding Contracts

Sep 13, 2018

Norway's Havyard Ship Technology said it has secured orders to build up to three vessels for a foreign customer in the offshore renewable energy sector.The contract includes two firm vessel orders for delivery to the unnamed customer in Q3 2020 and Q1 2021…

Swire Seabed Awarded Wintershall Framework Agreement

Sep 11, 2018

Swire Seabed announced it has secured a framework agreement with Wintershall Norge AS for the provision of marine subsea services (MSS) in the North Sea.The agreement will commence this year and has a duration of three years plus four yearly options…

Aker BP, Maersk Drilling Sign Rig Contract off Norway

Sep 06, 2018

Maersk Drilling and Aker BP have signed a one-year contract to deploy the Maersk Integrator jack-up rig off Norway from June 2019, Aker BP said in a statement on Thursday.The contract, based on an alliance created between the two firms and Halliburton in 2017…

Total Pact with Stena Drilling for Laggan Well

Aug 27, 2018

Aberdeen-based Stena Drilling has announced that it has signed a deal with French oil giant Total to drill one well at the west of Shetland, Laggan field.A press release from Stena Drilling said: 'We have signed a contract with Total E&P UK Ltd…

PDVSA to Resume Use of Caribbean Oil Terminal

Aug 21, 2018

Venezuela's PDVSA and NuStar Energy LP have reached an agreement over outstanding storage fees, allowing the state-run company to resume use of a key storage terminal in the Caribbean, the U.S. energy firm said on Monday.NuStar had suspended PDVSA several times since 2017 from using its St…

Novatek Spuds First Well at North-Obskiy

Jul 29, 2018

PAO Novatek announced that its subsidiary OOO Arctic LNG 3 commenced drilling of the first well at the North-Obskiy license area located in the shallow waters of the Ob Bay.The initial well is drilled using a jack-up floating drilling rig “Amazon” leased from “Gazprom flot”…

Keppel Wins FPSO, FSRU Contracts

Jul 22, 2018

In Brazil, Keppel FELS Brasil Ltda (Keppel FELS Brasil) has been engaged by MODEC Offshore Production Systems (Singapore) Pte Ltd., part of the MODEC, Inc. group, to undertake the topside module fabrication and integration of the FPSO Carioca MV30…

Hundreds of Oil Workers Strike in Norway

Jul 10, 2018

Hundreds of workers on Norwegian offshore oil and gas rigs went on strike on Tuesday after rejecting a proposed wage deal, leading to the shutdown of one Shell-operated field and helping send Brent crude prices higher.One union said hundreds…

Oil Nears 3-1/2-year High on Middle East Sabre Rattling

Jul 05, 2018

OPEC supply cuts since 2017 have tightened market; oil has also risen on U.S. sanctions threat against Iran. Oil traded near its highest in 3-1/2 years on Thursday, boosted by potential disruptions to flows from Iran and the Middle East despite a fresh demand from U…

ConocoPhillips sells 16.5 pct of North Sea Asset to BP

Jul 03, 2018

U.S. oil producer ConocoPhillips said on Tuesday it would sell a 16.5 percent stake in the Clair field to oil major BP for an undisclosed price. Houston, Texas-based ConocoPhillips will retain a 7.5 percent interest in the North Sea offshore oil field through a unit while BP will hold a 45…

Seadrill Exits Chapter 11

Jul 02, 2018

Offshore drilling rig contractor Seadrill said on Monday it had successfully completed its reorganisation, emerging from a U.S. Chapter 11 bankruptcy process launched last September. The company, once the world's largest offshore driller by the market capitalisation…

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