Contract Briefs: December 2013

Statoil, Technip sign framework contract

Statoil has made a call-off for the framework contract Technip has with Statoil for diving services. The work will be performed in connection with the future Edvard Grieg oil pipeline as well as Utsira high gas pipeline. The project will help connect the oil pipeline from the Edvard Grieg platform to the existing Grane oil export pipeline, towards the Sture terminal. Moreover, the Utsira high gas pipeline will be connected from the Edvard Grieg platform to the Scottish Area Gas Evacuation (SAGE) pipeline. The contract is scheduled to be completed in the second half of 2015. The offshore campaigns will happen in 2013, 2014 and 2015 and will utilize diving support and construction vessels from Technip’s fleet.

Viking, Chan partner on jackup

Viking Offshore & Marine will partner with Chan Kwan Bian (Chan) to construct a $180MM drilling jackup rig, marking Viking’s entrance into the rig building and rig charter market. Executive Director Daniel Lin said that with this agreement, Viking has “initiated its move into the mainstream offshore and marine business.

Tullow Ghana to work on TEN project

Tullow Ghana Limited has awarded two contracts for work on the TEN project worth about US$1.23 billion. The contracts will be shared between Technip and Subsea 7, who are working as part of a consortium on the project.TEN consists of the Tweneboa, Enyenra and Ntomme fields, in the Deepwater Tano contract area, in 2000m water depth, 60km offshore Ghana. The development will comprise up to 24 development wells connected to the TEN MV25 floating, production, storage and offloading vessel (FPSO), moored in about 1500m water. Offshore installation is due to start in 2015 and be completed in the second half of 2016.

COSL signs ship-building contract

China Oilfield Services Limited (COSL) has signed construction contracts for two jack-up drilling rigs and a semisubmersible drilling rig. The contracts are with Dalian Shipbuilding Industry Offshore Co., Ltd. (DSIC Offshore) and China Merchants Heavy Industry (Shenzhen) Co., Ltd. The new units will be the HYSY982, HYSY943 and HYSY944. HYSY982 will be a sixth generation deepwater semisubmersible drilling rig equipped with DP3 dynamic positioning system, designed for a maximum operating depth of 5000 ft (1524m), and 30,000 ft (9144m) a maximum drilling depth. It is expected to be delivered in August 2016. HYSY943 will have 400 ft (122m) maximum operating depth and 35,000ft (10,668m) maximum drilling depth. HYSY944 will be CNOOC’s first large pile shoe jack-up drilling rig. It will have maximum operating depth 400 ft (122m), with 30,000 ft (9144m) maximum drilling depth.

Subsea 7 awarded Petrobras contract

Subsea 7 SA’s i-Tech division has been awarded a contract by Petrobras worth about US$60 million. The contract is for the provision of ROV’s and underwater positioning services on board the platform supply vessel (PSV) Far Saga, operating offshore Brazil, for a six year term, with options to extend for up to another six years. The contract will see the first deployment of i-Tech’s new generation Centurion SP work class ROV on board the PSV.

Keppel FELS to construct jackup rigs for Transocean

Keppel FELS Limited (Keppel FELS) has won a US$1.1 billion contract from Transocean Ltd. (Transocean) to build five KFELS Super B Class jackup rigs. The rigs are scheduled to be delivered between Q1 2016 to Q3 2017. In addition, Transocean has options to build up to another five similar jackup rigs with Keppel FELS, a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M). The KFELS Super B Class rigs are designed to operate in 400ft water depth and drill to 35,000ft. The Super B has a two million pound drilling system and a maximum combined cantilever load of 3,700 kips. The rig will be installed with offline stand building features in its drilling system package, which allows drilling and the preparation of drill pipes to take place at the same time. The rig is capable of drilling at a 75ft outreach, allowing for coverage of a larger well pattern.

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