Contracts News


Ofgem Rolls-out Sixth OFTO Round

Oct 09, 2018

UK's energy regulator, Office of Gas and Electricity Markets (Ofgem),  has opened the tender process for the first project in its sixth round of its offshore transmission owner (OFTO) regime.'Ofgem is opening a tender for owning the electricity transmission link to the 1…

Mermaid Maritime Scores Middle East Subsea Contract

Oct 09, 2018

Thailand-based offshore vessel provider Mermaid Maritime has picked up a sub-sea services contract in the Middle East, the company said in a stock exchange announcement.Mermaid said that the contract, which was awarded to the company’s Middle…

Petrofac Inks Extension Deal in Iraq

Oct 08, 2018

Petrofac’s Engineering & Production Services (EPS) East business has secured a four-year renewal of a contract for maintenance management services for an international oil company client in Iraq.Under the agreement, which is worth approximately US$50 million…

DOF Bags Contract Extension in Brazil

Oct 08, 2018

Norwegian supply shipping company DOF ASA said its vessel Skandi Hav has been granted a 226-day extension by Petrobras in support of work offshore Brazil.The 1983-built Skandi Hav is now secured firm until June 8, 2019.The vessel is currently…

Nexans Wins Triton Knoll Wind Farm Contract

Oct 08, 2018

Nexans has been awarded a contract worth over €35 million by Triton Knoll’s onshore cable installation lead contractor J Murphy & Sons Ltd to supply the land export cable and accessories in order to connect the offshore wind farm to the U.K…

BMT Wins Marine Monitoring Contract with BP

Oct 08, 2018

BMT has won a contract to provide multiple marine monitoring systems for BP’s new Mad Dog Phase 2 semi-submersible floating production facility in the Gulf of Mexico. These systems will play an important role in ensuring the day to day operations of the facility are conducted safely…

Solstad Offshore Bags Contract for Normand Reach

Oct 08, 2018

Offshore vessel owner Solstad Offshore has been awarded a contract with Global Sea Mineral Resources (GSR), part of DEME Group, for its construction support vessel (CSV) Normand Reach.The contract will commence in 4Q 2018 and has a duration of 4-6 months…

Gulf Island Shipyards Sues Hornbeck Offshore

Oct 08, 2018

Gulf Island Shipyards (GIS) has sued Hornbeck Offshore over what it says is the wrongful termination of two shipyard construction contracts for the final two vessels in the company's fifth offshore support vessel (OSV) newbuild program earlier this year…

Shelf Drilling Bags Adriatic Sea Offshore Contract

Oct 08, 2018

Jack-up rig specialist Shelf Drilling announced that one of its subsidiaries has secured a two-year contract for the Key Singapore with Eni for operations in the Adriatic Sea offshore Italy.The contract includes a one-year option period, and the planned commencement window is from May to July 2019…

Aker Solutions to Supply Subsea Production System for Mero 1

Oct 05, 2018

Aker Solutions said it has secured an order from Petrobras to provide a subsea production system and related services for the Mero 1 project, the first full production project within the major Mero field development, one of the largest oil discoveries in Brazil's pre-salt area…

SAExploration Wins USD 100mln Project in South Asia

Oct 05, 2018

Houston-based oilfield services company  and seismic data specialist SAExploration announced receipt of a letter of award for a new marine project in South Asia for a major National Oil Company valued at approximately $100 million.The project…

Boskalis Wins Subsea Contract at Tyra Gas Field

Oct 04, 2018

Royal Boskalis Westminster N.V. has been awarded the Tyra Redevelopment Subsea Installation Phase II contract by Total E&P Denmark.The sizable contract includes subsea engineering, procurement, fabrication and installation for the Tyra Redevelopment…

Aker Solutions to Provide Brownfield Services for BP in Angola

Oct 04, 2018

Aker Solutions has been awarded a five-year agreement to supply brownfield modifications, maintenance and operations support for BP's Greater Plutonio and PSVM fields offshore Angola.The work scope covers the supply of engineering, procurement…

Chevron Extends North Sea Contract with Petrofac

Oct 03, 2018

Petrofac’s Engineering and Production Services (EPS) division has secured a 12-month engineering services contract extension from Chevron North Sea Limited. The agreement, which has been held by Petrofac since 2014, commenced on September 30…

Baker Hughes to Bid for Petrobras Production-sharing Contract

Oct 03, 2018

General Electric Co's unit Baker Hughes is preparing an offer for a production-sharing deal with Brazil's Petrobras, a Baker Hughes executive said on Tuesday, as the state-run oil company seeks creative ways to boost output from mature fields…

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