MH Wins BP Contract

Wednesday, October 23, 2002
The Aker Kvaerner subsidiary, Maritime Hydraulics AS (MH) in Kristiansand, Norway signed a contract with BP for the delivery of another two complete drilling installations for the ACG Phase 2-project in the Caspian Sea. The contract is worth NOK 250-300 million. The contract was won in international competition. MH has previously signed major contracts with BP such as at the Valhall project in the North Sea, the Thunder Horse in the Gulf of Mexico and the ACG Phase 1-project in the Caspian Sea. Comprised in the delivery are complete drilling equipment packages for two platforms in the Caspian Sea scheduled for delivery in 2003 and 2004 respectively. In addition to the actual equipment, MH will also be in charge of training and service follow-up in Baku, Azerbaijan. BP's drilling operations in the Caspian Sea will entail long term agreements that are very appealing to MH.
Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Diana Extends Containership Time Charters

Diana Containerships Inc. announced direct continuation of time charter agreements for m/v Cap Domingo and m/v Cap Doukato   Diana Containerships Inc., a global

BMT Supports Samalaju Port Development

BMT subsidiaries in the Asia-Pacific region have been awarded a contract to provide design expertise for an advanced bulk-material handling system for the emerging port of Samalaju in East Malaysia.

EU: Ships Will Measure CO2 Emissions

Shippers to begin monitoring from 2018; Environmental groups say law is weak, shippers favorable. The shipping sector will for the first time have to monitor

 
 
Maritime Careers / Shipboard Positions Maritime Security Offshore Oil Pipelines Pod Propulsion Salvage Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1426 sec (7 req/sec)