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Friday, January 19, 2018

Subsea Contract News

Aker Kvaerner Awarded Reliance Subsea Contract

Reliance Industries Limited has awarded Aker Kvaerner an engineering, procurement and construction contract to deliver an 18 well subsea production system for the deepwater Block KG-D6 gas development located offshore the east coast of India. The contract is one of the world's largest subsea contracts ever awarded and affirms Aker Kvaerner's position as the leading contractor for deepwater subsea developments. The initial contract value is approximately $400m. Aker Kvaerner Subsea will supply a complete subsea production system including subsea trees, manifolds, steel tube umbilicals and power cables, controls system and associated connections to tie the subsea production system to an onshore gas terminal.

Aker Kvaerner Signs Subsea Contract

Aker Kvaerner has been awarded its first subsea contract from Spanish oil company Repsol YPF. The deal is for the delivery of a subsea production system to the Montanzo and Lubina projects off the east coast of Spain. This is Aker Kvaerner's first subsea project in the region. Contract value is undisclosed. Scope of work includes engineering, procurement and construction of two subsea trees with control systems, connections and overtrawlable structures. The equipment will be delivered in Q1 2009. The project is based on Aker Kvaerner's Standard Configurable Tree (SCTTM) - a tree system configured from standardized, stocked core components, which offers significant reductions in lead times. The project will be managed out of Oslo, Norway.

Aker Kvaerner Wins Subsea Contract

Aker Kvaerner signed a letter of intent with Aker Floating Production in January 2007 and has now signed the final contract to deliver a complete subsea production system to Reliance Industries in India. The value of Aker Kvaerner's contract is in excess of $300m. The subsea production system will be installed at 1100-1400 meters water depth and includes trees, manifolds, controls, umbilicals, flowlines and risers. The contract will be booked as order intake in the second quarter of 2007.

Technip Bags Woodside's Subsea Contract

Courtesy Technip

Technip has been awarded a large(1) subsea contract by Woodside to support the development of the Greater Enfield Project offshore Western Australia, at a water depth comprised between 340 and 850 meters. - multi-phase pump system (transport and installation). Technip’s operating center in Perth, Australia will execute the contract with support from Technip’s Asia Pacific Subsea Hub in the Kuala Lumpur office in Malaysia, and office in Chennai, India. - the umbilicals will be supplied by Technip Umbilicals’ facility located in Newcastle, UK.

Ezra Wins UK North Sea Contracts

Image: EMAS AMC

Offshore service provider Ezra Holdings has announced that subsea division, EMAS AMC, has won global contracts values at over $115m including options, reports Business Times. These contracts include one for rigid pipe lay for the Aviat field development in the UK North Sea; engineering and offshore support work in West Africa for an oil major which will be undertaken together with Ezra's subsidiary company, EMAS Offshore Limited. Other subsea contract work includes ROV support services and High Voltage Alternate Current (HVAC) pull-ins.

Aker Kvaerner Awarded Subsea Contracts in Brazil

Aker Kvaerner has been awarded two contracts from Petrobras to supply a total of three subsea manifolds for two of the Brazilian oil giant's projects offshore Brazil. Combined contract value is approximately USD 90 million. Aker Kvaerner Subsea in Brazil will design, manufacture and deliver two oil production manifolds for Petrobras' Albacora RWI project in the Campos Basin, and one gas export pipeline-end manifold to the Jubarte phase II project. All manifolds are designed and qualified for use at water depths up to 2000 metres. Work for both projects will be managed and completed from Aker Kvaerner Subsea's facility in Curitiba, Brazil. Deliveries are scheduled to start up in 2009 for the Albacora RWI project and in 2010 for Jubarte.

McDermott Wins Subsea Contract in Malaysia

McDermott International, Inc. (NYSE: MDR) (“McDermott”) announced theaward of a subsea contract to its Malaysian subsidiary for deepwater offshore engineering and construction, including transportation and installation of subsea infrastructure. The award is for the Kikeh Subsea Expansion Project by Murphy Sabah Oil Co., Ltd. for the engineering, procurement, construction, installation andcommissioning of pipelines and an umbilical and subsea hardware package.Engineering work on the Kikeh Subsea Expansion Project has started and is expected to be completed in the third quarter of 2012. The Kikeh area is located 120 kilometers northwest of Labuan, Malaysia, in 1,350 meters of water and is Malaysia’s first deepwater oil discovery.

Kreuz Subsea Wins 5-vessel Contract in India

Kreuz Installer (Photo: Kreuz Subsea)

Subsea services provider Kreuz Subsea said it has been awarded a contract to deliver subsea completion work for Indian multi-national conglomerate, Larsen & Toubro (L&T) from the start of 2018. The contract, worth an undisclosed eight-figure sum, will see Kreuz Subsea support L&T to install all riser clamps, risers, crossing works, tie-ins, subsea trenching and hydro-testing of pipelines which are part of the Oil & Natural Gas Corporation’s (ONGC) Pipeline Replacement Project (PRP4) and Daman Field development projects off the west coast of India.

EMAS Wins $165m Norwegian North Sea Contract

Photo: EMAS AMC

EMAS AMC, the subsea services division of EMAS, a global offshore contractor and provider of integrated offshore solutions to the oil and gas industry, was awarded an engineering, procurement, construction and installation (EPCI) contract, valued at approximately US$165 million, from Det norske oljeselskap ASA, an exploration and drilling operator on the Norwegian Continental Shelf. The contract is for rigid pipe-lay and related subsea work, in the Ivar Aasen field in the Norwegian North Sea.

EMAS Demonstrates All-round Strength

More than US$160 million worth of contracts won by the subsea services, offshore support services divisions, and the energy services division. EMAS, the operating brand of Ezra Holdings, a global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, has announced that its subsea services, offshore support services and energy services divisions (EMAS AMC, EMAS Marine and EMAS Energy respectively) have been awarded multiple contracts for projects in the North Sea and Asia Pacific. EMAS AMC has been awarded several new contracts and options worth up to US$85 million in aggregate for several projects in the North Sea and Asia. This includes a project with an oil major in the Asia Pacific region worth up to US$45 million.

EMAS Wins Subsea Projects Worth More han $125M

Image: EMAS

EMAS, the operating brand of Ezra Holdings, a global offshore contractor and provider of integrated offshore solutions to the oil and gas industry, today announced that the group has been awarded subsea construction and offshore support contracts in Asia Pacific and West Africa with a combined value exceeding $125 million, including options. Following contract wins in January, EMAS AMC continued its momentum with subsea contracts awarded in West Africa and Asia, including a deepwater pipeline installation project in the South China Sea.

Technip Awarded a Large Subsea Installation Contract in Australia

Technip has been awarded a subsea contract by Chevron Australia Pty. Ltd. for the Wheatstone Project, one of Australia’s largest resource projects. The contract, valued at approximately €245 million, covers the development of the Wheatstone and Iago fields, located in the Carnarvon Basin, offshore Northwestern Australia. This contract includes project management, design, fabrication and installation of subsea isolation valve; production tee protection structures, spools(1) and jumpers(2);  transport and installation of manifold, foundation structures and pipeline; termination structures; and supply and installation of 41 kilometres of umbilicals. Technip’s operating center in Perth, Australia, will manage the overall project with engineering to begin immediately.

China Subsea Contract for Technip

Technip in a consortium with Offshore Oil Engineering Co. Ltd (COOEC) wins a substantial subsea contract in China. The contract, value  €200 million (Technip share: around €110 million)  was awarded by China National Offshore Oil Corporation (CNOOC) Deepwater Development Limited is for the South China Sea deepwater gas development project in the Panyu field, located about 150 kilometers South of Hong Kong. The development consists in a new subsea production system with six wells and its associated control system tied up to a new central processing platform. The contract covers the supply and installation of a 10” and a 6” diameter clad-lined pipelines, of steel tube umbilicals*, and associated equipments.

Subsea Contracts Galore for Ezra

Ezra Holdings announces multiple contracts, worth + US$160-million, for its subsea, offshore & energy services divisions. Ezra divisions, EMAS AMC, EMAS Marine and EMAS Energy have been awarded multiple contracts for projects in the North Sea and Asia Pacific. The average tenor for all contracts is approximately 2.6 years including options. EMAS AMC has been awarded several new contracts and options worth up to US$85 million in aggregate for several projects in the North Sea and Asia. This includes a project with an oil major in the Asia Pacific region worth up to US$45-million. Other awards include a new subsea and moorings installation…

Wood Group Bags Statoil MSA

Courtesy Statoil

Wood Group has been awarded an evergreen master services agreement (MSA) by Statoil to support the life cycles of its offshore  and onshore facilities. Work and services covered by the MSA include  engineering studies, detailed engineering, procurement services and management  assistance services. “This MSA reflects Wood Group’s  strong relationship with Statoil,” stated Robin Watson, chief executive. Wood Group has supported Statoil for  many years. Recent work includes four  subsea contracts…

Mermaid Maritime Wins Subsea Charters

Image: Mermaid Subsea

Thailand-based Mermaid Maritime, a subsea and offshore drilling services company, has  been awarded two subsea contracts with a combined estimated value of $4.6 million. The company press release said that the first contract award will involve a short ROV campaign for pipeline touchdown monitoring for an international EPCIC contractor offshore in the Middle East GCC. The second contract award, with work scheduled to commence in the fourth quarter of 2017, will involve use of a diving vessel with work class ROV carrying-out a subsea services project offshore East Kalimantan…

Technip Wins Subsea Contract on Triton FPSO

Floating Production Storage and Offloading Unit Courtesy Technip

Technip has been awarded a brownfield subsea contract for the Triton(1) floating production storage and offloading (FPSO) vessel, operated by Dana Petroleum, located in the central North Sea. This FPSO vessel is located 193 kilometers east of Aberdeen, at a water depth of approximately 90 meters. It produces oil and gas from different fields - Bittern, Guillemot West and North West, Clapham, Pict and Saxon, which are tied back to the FPSO vessel via subsea facilities comprising a series of pipelines and manifolds. ď‚· additional installation, repair and maintenance works.

EMAS Awarded Gunflint GoM Project

EMAS, the operating brand of Ezra Holdings, a global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, today announced that it has received a Letter of Agreement (LOA) from Noble Energy for the Gunflint Project in the Gulf of Mexico (GoM). Under the terms of the agreement EMAS’s Subsea Services division, EMAS AMC has been nominated to perform the offshore installation of pipelines, umbilicals and ancillary equipment for the Gunflint Project in the Mississippi Canyon area of the US GoM in water depths in excess of 2,000 meters. The pipelines will be installed with EMAS AMC’s flagship vessel the Lewek Constellation while the EMAS Marine Base in Ingleside…

Three European firms win Angola deepwater deals

Three European companies have won contracts for almost half the value of Angola's $16 billion ultra-deepwater Kaombo oil project, confirming a trend toward bigger scale and risk for the deep-sea contracting and construction sector. Saipem of Italy announced a $4 billion contract related to fitting out and supplying two converted oil tankers to become the Floating Production Storage and Offloading (FPSO) part of the project. Meanwhile, Paris-listed Technip and crane-ship specialist Heerema revealed a $3.5 billion deal for subsea tubes, pipes and cables to connect the two FPSOs to the seabed two kilometres below the surface. Heerema said the contract was the biggest on record of its kind.

Aker Kvaerner Gets Subsea Contract

StatoilHydro on behalf of the Morvin license group, awarded Aker Kvaerner a contract for the engineering, procurement and construction (EPC) of a complete subsea production system for StatoilHydro's Morvin field in the Norwegian Sea. The contract, worth approximately $181m is a testament to Aker Kvaerner's unique high-pressure/high-temperature (HPHT) subsea technology. The Morvin contract is an addition to the scope identified in the frame agreement signed by Aker Kvaerner and StatoilHydro in September this year. The subsea production system for the Morvin field will consist of two four-slot manifolds, three horizontal subsea trees, production control system, steel tube umbilicals, tie-in system and intervention tools.

Shell Sub-sea Installation Contract for Technip

Technip gets a large subsea installation contract by Shell Development (Australia) Pty Ltd for the Prelude Floating Liquefied Natural Gas (FLNG) facility moored some 200 kilometers off the north west coast of Australia, in the Browse Basin, at a water depth of approximately 240 meters. Technip’s operating centers in Perth, Australia, and Kuala Lumpur, Malaysia, will execute the contract, with engineering to commence immediately. Technip’s spoolbase in Orkanger, Norway, will be welding the flowline linepipe provided by Shell Development (Australia) Pty Ltd. Vessels from the Group’s fleet will be used for the offshore campaigns, including the Deep Energy and the Deep Orient.

EnQuest Selects Technip for Mega Subsea Contract

Courtesy  Technip

Technip was awarded by EnQuest earlier this year a large(1) engineering, procurement, installation and construction (EPCI) contract for the Kraken development located in the North Sea,  400 kilometers North-East of Aberdeen and 130 kilometers East of Shetland, at a water depth of approximately 120 meters. - pipeline flooding, hydro testing and leak testing. Technip’s operating center in Aberdeen, United-Kingdom, will execute the contract. The Group will leverage its unique vertical position in the subsea business.

Mermaid Maritime Bags Subsea Contracts, Delays Newbuilding

Photo: Mermaid Maritime

Thailand’s Mermaid Maritime said it has been awarded a number of subsea contracts in the Middle East with a total worth of $11million. It has also reached an agreement with builder China Merchants Industry Holdings to postpone the delivery dates for its new assets currently under construction. Off Qatar and Saudi Arabia, Mermaid's western hemisphere business unit won seven subsea projects with an estimated aggregate value of US$11 million. The subsea projects involve survey, inspection…

Maritime Reporter Magazine Cover Dec 2017 - The Great Ships of 2017

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