Claxton Wins its Biggest Riser Contract Offshore Norway

By Michelle Howard
Tuesday, June 03, 2014
Claxton drilling riser being run offshore Norway

Claxton, an Acteon company, has been awarded a multiyear contract with Det norske oljeselskap ASA of Norway: the largest single riser contract in Claxton’s history. Running from January 2014 until June 2020 (with optional periods of 1+1 year), the contract includes high- and low-pressure risers, auxiliary equipment and services offshore Norway.


The scope of work includes the procurement of high and low-pressure surface risers for the lvar Aasen field development; the rental of a Claxton 18.3/4”, 7,000 psi subsea riser for the Hanz field; the rental of 18.3/4”, 15,000 psi high and 30” low-pressure surface risers for exploration wells on the Norwegian Continental Shelf; options for other field development projects; and high-pressure, high-temperature work during the contract period. The optional services include complete running services for the equipment and providing centralizer systems along with lateral and vertical tension rings.


Laura Claxton, managing director, Claxton, said, “We are very pleased to have secured this contract, which underlines Claxton’s position as the pre-eminent riser supply house in the North Sea and demonstrates that clients value our experience, technical approach and capabilities.”


This capability, backed by a growing catalogue of success in Norway, underlines the company’s commitment to the region and supports its plans for further expansion. Claxton believes continuing growth in riser, decommissioning and structural engineering capabilities, an increased asset base and an ongoing focus on innovation to reduce costs and improve safety, will deliver significant benefits for projects in Norwegian waters.


Claxton continued, “Claxton secured the contract because of its wide range of pressure, connection, bore and complete system options, which is the most comprehensive offering in the North Sea sector. With more than 4,000 inventory items, we support one of the biggest call-off stocks of risers in the region – an inventory that is continually expanding. The contract with Det norske oljeselskap ASA is one step in a journey that will see Claxton grow to become a significant operation in Norway.”

 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

CMA CGM Proceeds with NOL Takeover after China Okay

CMA CGM, the world's third-largest container shipping firm, is to go ahead with its planned acquisition of Singapore's Neptune Orient Lines (NOL) after receiving regulatory clearance from China,

Singapore Exchange in Talks to buy Baltic Exchange

Baltic Exchange privately owned by 380 shareholders. The Singapore Exchange (SGX) is in exclusive talks to buy London's Baltic Exchange, which has been at the

Euroseas Faces Headwinds, Reports Loss

Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes,

Contracts

CMA CGM Proceeds with NOL Takeover after China Okay

CMA CGM, the world's third-largest container shipping firm, is to go ahead with its planned acquisition of Singapore's Neptune Orient Lines (NOL) after receiving regulatory clearance from China,

Technip Bags Statoil's Umbilical Supply Contract

Technip’s wholly-owned subsidiary Technip Umbilicals Ltd.(1) has been awarded a contract by Statoil ASA to supply the umbilical(2) to the Oseberg Vestflanken 2 field offshore Norway.

Olympic Pact with Canyon Offshore

Norwegian offshore shipping company Olympic Shipping has entered into a frame agreement with Canyon Offshore for the joint marketing and subsequent operation of

Offshore

Kongsberg Tech for Peruvian Arctic Research Vessel

Kongsberg Maritime has been chosen to deliver an integrated subsea technology systems package including two HUGIN Autonomous Underwater Vehicles (AUV) for a new

Primeline Turns Against CNOOC

Primeline Energy Holdings Inc. announces that it has sent a letter to China National Offshore Oil Corporation (CNOOC) and CNOOC China Limited (CCL) (together CNOOC

Olympic Pact with Canyon Offshore

Norwegian offshore shipping company Olympic Shipping has entered into a frame agreement with Canyon Offshore for the joint marketing and subsequent operation of

News

Commodities Shipping Firms Struggle to Ride Out Worst Downturn

Shipping companies transporting coal, and iron ore and other commodities are urgently seeking ways to conserve cash and withstand the worst market downturn on record

CMA CGM Proceeds with NOL Takeover after China Okay

CMA CGM, the world's third-largest container shipping firm, is to go ahead with its planned acquisition of Singapore's Neptune Orient Lines (NOL) after receiving regulatory clearance from China,

Singapore Exchange in Talks to buy Baltic Exchange

Baltic Exchange privately owned by 380 shareholders. The Singapore Exchange (SGX) is in exclusive talks to buy London's Baltic Exchange, which has been at the

Marine Equipment

Nordic Shipholding Profits below Market Expectations

For the 3 months ended 31 March 2016, Nordic Shipholding A/S generated a profit after tax of USD 1.5 million, compared to USD 2.7 million in the same quarter last year.

Mount Whitney Makes History

USS Mount Whitney (LCC 20), the U.S. 6th Fleet flagship, made history today as the first amphibious command ship to have an MV-22B Osprey land on its flight deck, May 23, 2016.

Technip Bags Statoil's Umbilical Supply Contract

Technip’s wholly-owned subsidiary Technip Umbilicals Ltd.(1) has been awarded a contract by Statoil ASA to supply the umbilical(2) to the Oseberg Vestflanken 2 field offshore Norway.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Sonar Winch
rss | archive | history | articles | privacy | 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: 0.1896 sec (5 req/sec)