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Latest news - Contracts

Coretrax secures multi-year project to boost production for Middle East operator

Coretrax secures multi-year project to boost production for Middle East operator   Coretrax has secured a multi-year contract with a major Middle East operator to deliver production enhancement across a multi-well campaign. As the oil and gas industry continues to play a vital role in meeting global energy demands, operators are under greater pressure than ever to extract maximum hydrocarbons from existing fields. Coretrax will deploy its leading ReLineMNS and ReLineHYD expandable...

Semco Maritime wins 8-year framework agreement with Energinet

Semco Maritime wins 8-year framework agreement with Energinet   Semco Maritime wins 8-year framework agreement with Energinet Energinet has awarded Semco Maritime an 8-year framework agreement for the provisioning of technical consultants within design, supervision, testing, commissioning, and maintenance of onshore and offshore technical facilities. The collaboration commences in October 2023 and solidifies Semco Maritime’s position as Energinet’s trusted partner and...

Allseas Wins Contract for Construction of Key Subsea Pipeline for Porthos CCS Project

Allseas Wins Contract for Construction of Key Subsea Pipeline for Porthos CCS Project   Offshore installation contractor Allseas has won a contract to construct a subsea pipeline for the recently sanctioned Porthos carbon capture and storage (CCS) project in the Port of Rotterdam. Porthos, a partnership between EBN, Gasunie, and the Port of Rotterdam Authority, will transport CO2 from industrial sites in the port area to empty gas fields in the Dutch North Sea, where it will be per...

Seaway7 awarded contract offshore Poland

Seaway7 awarded contract offshore Poland   Subsea7 today announced the award to Seaway7, part of the Subsea7 Group, of a substantial1 contract by Equinor and partner Polenergia for the inter-array cables of the MFW Bałtyk II and MFW Bałtyk III bottom-fixed offshore wind projects, in the Polish part of the Baltic Sea. Seaway7’s scope of work covers the engineering, procurement, construction and installation (EPCI) of 100 66kV inter-array cables, measuring approximately 200 kil...

IC Integrity lands key Australia contract

IC Integrity lands key Australia contract   IC Integrity Pty Limited, a key ICR Group partner, has landed a significant contract with an operator in Australia. The agreement sees IC Integrity deploy its Technowrap technology for planned maintenance campaigns on several facilities. Perth-based IC Integrity is a technology-focused provider of specialist maintenance inspection and integrity solutions across multiple sectors. This latest contract builds on a long history of coll...

Transocean bags $745m worth of contracts for three drillships

Transocean bags $745m worth of contracts for three drillships   New York-listed offshore driller Transocean has announced that it won new deals and extensions for three of its drillships. The only rig to win two deals is the 2009-built Dhirubhai Deepwater KG1 drillship. The rig’s contract with Reliance Industries under a dayrate of $330,000 ends this month. The India-based company has decided to extend the contract for the rig by 60 days at a slightly increased dayrate of $3...

J+S Subsea Limited secures significant contract with Harbour Energy

J+S Subsea Limited secures significant contract with Harbour Energy   Leading Subsea Controls Specialist, J+S Subsea Limited has signed a contract with Harbour Energy to deliver new subsea equipment into the Brodgar gas/condensate field worth more than £1 million. This new contract comes after a strong performance in the design and delivery of a new Subsea Control Module Mounting Base (SCMMB) for the Callanish F6 Xmas Tree (XT) back in early 2023. This new contract include...

$12 Million Contracts As Market Leader Uplevels Middle East Presence

$12 Million Contracts As Market Leader Uplevels Middle East Presence   An international leader at the forefront of next generation creative solutions for the oil and gas completions market is celebrating the first anniversary of a key Middle East partnership with technology and energy group, Sawafi Al-Jazeera Oilfield Products and Services Co. (Sawafi). Aberdeenshire-based Vulcan Completion Products (VCP) has marked the significant milestone by announcing that the company has recen...

Allseas Bags Pipeline Services Contract for BP's GTA Gas Project

Allseas Bags Pipeline Services Contract for BP's GTA Gas Project   Allseas has secured a contract with BP plc to complete the subsea pipelay scope for its ultra-deepwater Greater Tortue Ahmeyim (GTA) natural gas project offshore Mauritania and Senegal. The contract covers the installation of approximately 46.6 miles (75 kilometers) outstanding on the two 16-inch export pipelines with field termination assemblies (FTAs) in water depths between 4,921 and 9,186 feet (1,500 and 2,8...

TWMA to double Middle East operations following $100million contract win

TWMA to double Middle East operations following $100million contract win   Specialist drilling waste management company TWMA has secured a $100 million contract for a major sour gas development in Abu Dhabi. TWMA will deploy its award-winning RotoMill® solution alongside its newly launched XLink™ cloud based real time monitoring technology across four artificial island drilling units to promote efficiency whilst minimising the project’s carbon footprint. The fiv...

SLB, Aker Solutions and Subsea7 announce closing of the OneSubsea joint venture

SLB, Aker Solutions and Subsea7 announce closing of the OneSubsea joint venture   Subsea7 today announced the final closing of the previously announced joint venture with SLB1 and Aker Solutions2. The new business, which will adopt the OneSubsea name, will drive innovation and efficiency in subsea production by helping customers unlock reserves and reduce cycle time. OneSubsea now comprises SLB’s and Aker Solutions’ subsea businesses, which include an extensive complem...

TechnipFMC lands new contract with Petrobras

TechnipFMC lands new contract with Petrobras   Subsea giant TechnipFMC has been awarded a contract by Petrobras to supply flexible pipes for the pre-salt fields offshore Brazil. The New York-listed company will design, engineer, and manufacture 14 km of gas injection riser pipes and also supply associated services including packing and storage. “We have an established team in place who have earned the trust of Petrobras over many years of collaboration,” said Jonath...

KBR awarded project management contract for Pluto LNG

KBR awarded project management contract for Pluto LNG   KBR announced that it has been awarded an engineering, procurement and construction management (EPCm) contract by Woodside Energy, as operator for and on behalf of the Pluto Joint Venture. Under the contract, KBR will undertake modifications to Train 1 of Woodside’s Pluto LNG facility, located near Karratha, Western Australia. The modifications will enable the processing of up to three million tonnes per annum of Scarbor...

Subsea7 major subsea contract

Subsea7 major subsea contract   Subsea7 today announced receipt of a client recommendation to execute, subject to consortium partners’ approval, a major1 contract which will be recorded in the Subsea and Conventional business unit’s backlog in the third quarter 2023. Consortium approval is expected in the fourth quarter 2023. No further details are disclosed at this time due to contractual obligations. (1)  Subsea7 defines a major contract as being over USD 750...

Aker Solutions Bags Contract from Shell to Service Norway Gas Facility

Aker Solutions Bags Contract from Shell to Service Norway Gas Facility   Aker Solutions ASA said it has secured a “sizeable” contract from Shell plc to provide brownfield modification services and maintenance support for the Nyhamna facility in Norway. Shell has executed an option to extend the framework agreement with Aker Solutions for another four years, until September 2028. The scope of the contract includes maintenance and modification services on the onshore Nyh...

Aker Solutions Gets Contract Worth up to $139 Mln For Gas Plant Work

Aker Solutions Gets Contract Worth up to $139 Mln For Gas Plant Work   Aker Solutions has been awarded a contract worth up to 1.5 billion Norwegian kroner ($138.8 million) from Shell to provide modification services and maintenance support at the Nyhamna natural gas processing plant in Norway, it said Tuesday. Aker Solutions has delivered projects and provided services to the Nyhamna facility since 2007, where gas first arrives onshore via a pipeline from the Ormen Lange field in...

Vattenfall awarded Nordlicht II offshore wind farm in German North Sea

Vattenfall awarded Nordlicht II offshore wind farm in German North Sea   Vattenfall has obtained the right to develop the N-6.6 offshore wind power project off the German North Sea coast. The Swedish energy giant informed the German Federal Network Agency (BSH) that it has invoked its right of entry, thereby confirming the right to construct the wind farm. The site was provisionally awarded to RWE in August, with BSH giving Vattenfall until 14 September to exercise its step-in r...

Nauticus Inks Service Deal with Shell to Deploy Autonomous Subsea Robot

Nauticus Inks Service Deal with Shell to Deploy Autonomous Subsea Robot   Nauticus Robotics Inc. has sealed a contract with Shell plc for inspection services on a Shell subsea field development in the Gulf of Mexico. Nauticus, a developer of ocean robots and artificial intelligence for autonomous services for offshore industries, said in a news release that the contract has the possibility for future inspection service projects. The contract value was not disclosed. The contrac...

Valaris executes drillship contracts with bp, TotalEnergies totaling $65 million

Valaris executes drillship contracts with bp, TotalEnergies totaling $65 million   Valaris Limited announced new contracts and contract extensions, with an associated contract backlog of approximately $65 million. Valaris executed a one-well contract with bp offshore Brazil for drillship VALARIS DS-15. The contract is expected to commence in the late first quarter or early second quarter 2024 in direct continuation of the rig’s current program, with TotalEnergies, and has an...

Equinor has awarded COSL Offshore Management AS two contracts on Norwegian continental shelf

Equinor has awarded COSL Offshore Management AS two contracts on Norwegian continental shelf   Equinor has awarded COSL Offshore Management AS two contracts and will employ COSLPromoter and COSLInnovator on the Norwegian continental shelf. The contract values are calculated at around US$369 million for both firm periods. The COSLPromoter is already contracted to Equinor and will commence on the new contract in the first quarter of 2025. The firm contract is for one year, with op...
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