Petrolimex Wins Laos Investment Contract

- Petrolimex Wins Laos Investment Contract

Monday, September 12, 2011
Vietnam National Petroleum Corp.

Vietnam National Petroleum Corp. (Petrolimex) on Saturday received an investment license in Laos.

The investment license granting ceremony was held during the Vietnam-Laos Cooperation and Investment Conference at the International Convention Center with the presence of H.E Prime Minister Nguyen Tan Dung of the Socialist Republic of Vietnam Government and H.E Prime Minister Thongsing Thammavong of the People's Democratic Republic of Laos Government.

Petrolimex investment project in Laos was granted license No. 452/BKHDT-DTRNN of June 21st, 2011, by which Petrolimex would directly conduct business activities in Laos with the cooperation of Chevron.

Chevron is the world third-largest oil group in oil reserve and the fourth largest in oil and natural gas exploitation.

Petrolimex and Chevron are partners in energy sector, having good cooperation and mutual trust.

This investment project in Laos is in line with Petrolimex development strategy. Besides, the project contributes to the materialization of agreements between Vietnam-Laos governments in the direction of all-sided cooperation, in conformity with the tradition of friendship and special solidarity between Vietnam and Laos.

Oil & Gas Post

Promote Your Page Too
LINK

Cargotec Enters Vietnamese Market with Mooring Contract

- Cargotec Enters Vietnamese Market with Mooring Contract

Friday, September 09, 2011
Cargotec

A contract for mooring equipment for a pipelaying barge marks Cargotec’s successful entry to the Vietnamese offshore market

In July this year, Cargotec won a contract from the joint stock company Vinh Nam (VAM JSC)/TECMACH to supply mooring equipment outfits for Vietsovpetro’s 110m-long by 30.5m-breadth pipelaying crane barge, Con Son. The 1969-built vessel is currently undergoing a conversion at Dung Quat Shipbuilding Industry Co Ltd.

“The signing of this maiden contract in Vietnam demonstrates our client’s confidence in our capability,” says Gavin Lim, Cargotec's director of sales for towing and mooring solutions. “It also marks Cargotec’s successful entry to the Vietnamese offshore market.”

As part of the conversion project, Cargotec will supply eight mooring winches complete with local and remote controls, tension and length-monitoring systems, hydraulic power packs, sheaves, and fairleads. The mooring equipment is scheduled for delivery at the beginning of 2012 and will be manufactured at Cargotec’s facility for offshore load handling in Singapore.

Oil & Gas Post

Promote Your Page Too
LINK

Clough DORIS, Ichthys Execute Binding Contract

- Clough DORIS, Ichthys Execute Binding Contract

Thursday, September 08, 2011
Clough Ltd.

Clough announced the execution of a binding contract between the Ichthys Joint Venture and Clough DORIS Joint Venture, for the Ichthys LNG Project Offshore Integrated Project Management Support Services (IPMS), which has a limitation on spending until attainment of FID. Receipt of the Letter of Intent for this circa A$250 million contract was announced by Clough on August 9, 2011.

Oil & Gas Post

Promote Your Page Too
LINK

RBG Clinches Apache Contract Extension in North Sea

- RBG Clinches Apache Contract Extension in North Sea

Thursday, September 08, 2011
RBG

RBG has secured a major £30 million two year contract extension to provide Apache North Sea Limited with fabric maintenance and deck crew services.

The contract, which RBG has held since 2008, will see the continued delivery of a wide range of integrated services, including coatings specification, application and repair, passive fire protection, thermal insulation, special access solutions and scaffolding, across the five Forties field platforms, located in the North Sea.

Working with Apache, RBG has established an excellent safety record over the past three years, recording more than 542,000 hours without a lost time incident. RBG deploys multi-disciplined teams that execute the complex workscopes whilst minimizing pressures on bed space and travel logistics.

Dave Workman, RBG, chief executive officer, said, "Securing this contract underlines our position as the leading support contractor of choice in the UKCS and highlights the benefits of our integrated service offering. The region is still a major growth area and securing this extension positions us well for our plans in the region in 2011 and beyond.

"Over the past 35 years we have established an unrivaled track record for delivering fabric maintenance services across the North Sea. Securing this extension is recognition of the great work our projects team carry out and the safe, quality service they deliver, both onshore and offshore."

Bill Logan, Apache North Sea's production manager, said, "RBG has delivered a high quality service over the past three years and we are happy to continue our working relationship with the company."

Oil & Gas Post

Promote Your Page Too
LINK

Canacol Awarded Contract by Ecopetrol for Colombian Field

- Canacol Awarded Contract by Ecopetrol for Colombian Field

Thursday, September 01, 2011
Canacol Energy Ltd.

Canacol announced that Canacol Energy Colombia S.A., a subsidiary of the Corporation, has been awarded a contract by Ecopetrol S.A. for a 100% working interest in the associated gas and gas liquids stream from the Rancho Hermoso Field, located in the Llanos Basin of Colombia. Under the terms of the contract, awarded to Canacol by Ecopetrol S.A. on August 31, 2011, the Corporation will purchase the produced gas from Ecopetrol S.A. at a price of US $6.50 per thousand British Thermal Units (US $15.48 per thousand standard cubic feet per day), which includes the associated liquids, those being naphtha, propane and butane. The gas is very liquids rich, with 1 million standard cubic feet per day (mmscfpd) yielding approximately 160 barrels of naphtha, 126 barrels of propane, and 118 barrels of butane per day. In Colombia naphtha, propane, and butane all sell at a premium to West Texas Intermediate. The contract will be effective on January 1, 2012, and the Corporation anticipates adding approximately 2,300 net barrels per day of naphtha, propane and butane to its existing oil production stream from the approximately 5.7 mmscfpd of gas production forecast for January 2012.

Charle Gamba, President and CEO of the Corporation, commented "We are very pleased to have been awarded this contract for the associated gas at Rancho Hermoso, which will add a very healthy amount of liquids production to our oil production stream in Colombia. The Corporation will also be able to book proven, probable and possible reserves associated with the associated gas and gas liquids under the terms of the contract. Meanwhile, the Corporation has spudded the first of four new development wells to be drilled in the field during the remainder of 2011."

The Corporation anticipates awarding a contract for the construction of a gas and liquids separation facility in mid-September, 2011, which will be ready to receive the gas and associated liquids on January 1, 2012. The remaining dry gas will be utilized to generate electricity in the field, thereby lowering operating cost associated with the purchase of diesel, which is currently being used to generate electricity in the field.

The Corporation also announced that the spud of the Rancho Hermoso 11 development well on August 29, 2011, approximately 1 month behind schedule due to a delay in obtaining the environmental license for the well. All of the relevant licenses for the remaining wells to be drilled in the field have been obtained.

Oil & Gas Post

Promote Your Page Too
LINK

Northern Offshore Secures New Contract for Jackup Energy Enhancer

- Northern Offshore Secures New Contract for Jackup Energy Enhancer

Thursday, September 01, 2011
Northern Offshore Ltd.

Northern Offshore announced that its subsidiary, Northern Offshore U.K. Limited, was awarded a contract from Maersk for the jackup Energy Enhancer. The award is subject to approval by the Danish Energy Authority. The contract, for operations in the Danish Sector of the North Sea, has an initial duration of one year and is scheduled to commence in early 2012. Maersk has options to extend the contract for up to three further years. The contract value for the initial term is US $35.7 million.

Gary W. Casswell, Northern Offshore's president and CEO, said "We are very pleased with this contract award as it provides us with the opportunity to further strengthen our long-term relationship with Maersk. This award, in conjunction with our Energy Endeavour contract announced in February, secures our second rig in Denmark and represents an improving market in the North Sea for this rig class, as we have expected."

Oil & Gas Post

Promote Your Page Too
LINK

Solstad Offshore Inks Contract with Ocean Installer for CSV

- Solstad Offshore Inks Contract with Ocean Installer for CSV

Wednesday, August 31, 2011
Solstad Offshore ASA

Solstad Offshore ASA (SOFF) has signed a contract with Ocean Installer AS (OI.II) for hire of SOFF's offshore construction vessel (CSV) Normand Clipper.

The duration of the contract is firm for 5 years with further 5 x 1 year option. Commencement is expected to be during second quarter of 2012.

The contract value is confidential between the parties, but gives SOFF an acceptable return on its investment. SOFF and OI.II intend to investigate and develop opportunities for further co-operation with regards to future assets.

Normand Clipper is a CSV built in 2001 and extensively upgraded in 2005. The vessel is very well suited for subsea construction work in both deep and more shallow waters. The vessel has a 250 t subsea crane, a deck area of approximately 1700 m2 and accommodation to approximately 100 people.

Ocean Installer is a newly established subsea construction company based in Stavanger, Norway. O.II is 100% owned by HitecVision.

Oil & Gas Post

Promote Your Page Too
LINK

JGC Bags Major EPC Contract for Bir Seba Field in Algeria

- JGC Bags Major EPC Contract for Bir Seba Field in Algeria

Wednesday, August 31, 2011
JGC Corp.

JGC and its subsidiary JGC Algeria Ltd. have been awarded the engineering, procurement and construction (EPC) services contract for the Bir Seba Field Development Project by Groupement Bir Seba, comprising Sonatrach, the Algerian state-owned oil and gas company, Petrovietnam Exploration Production Corporation (PVEP), and PTT Exploration and Production Algeria (PTTEP). Participating interests in Groupement Bir Seba are 25%, 40%, and 35%, respectively.

The Bir Seba Field Development Project, located in an inland and desert area 130 kilometers north east of Hassi Messaoud, calls for construction of a gathering system from 16 productive wells, crude oil processing facilities (20,000 bpd), and oil & gas export pipelines.

The lump-sum turnkey contract has a value of more than US $400 million and calls for Project completion in the first half of 2014.

With the award of the Bir Seba Field Development Project, JGC will be collaborating with JGC Algeria for the fourth time on an EPC project. Moreover, this Project will strengthen JGC Algeria's project execution capabilities.

JGC was awarded the contract for an oil refinery construction project in Arzew in 1969. Since then, the company has accumulated a long and impressive track record of hydrocarbon projects for Sonatrach and other foreign companies. JGC is currently executing three consecutive EPC projects in Algeria: gas and oil separation facilities in the Rhourde Nouss field (awarded in 2008); gas processing facilities in the Gassi Touil field (awarded in 2009); and gas compressors in the In Amenas field (awarded in 2011).

One of the goals set forth in JGC Group's "New Horizon 2015" five-year management plan is the strengthening and expansion of the Group's overseas subsidiaries. As a vastly experienced engineering and construction company in possession of the latest technologies, JGC, together with JGC Algeria, will continue to vigorously promote sales activities aimed at expanding its business opportunities in Algeria.

Oil & Gas Post

Promote Your Page Too
LINK

MEO Australia, Fugro Execute Zeus Survey Contract

- MEO Australia, Fugro Execute Zeus Survey Contract

Tuesday, August 30, 2011
MEO Australia Ltd.

MEO Australia Limited advises that a contract has been executed with Fugro Multi Client Services Pty Ltd for the acquisition and processing of a 323 km2 3D multi-client seismic survey (‘Zeus 3D survey’) in WA-361-P, in the Carnarvon Basin, offshore Western Australia. WA-361-P is located in close proximity to the existing North West Shelf Gas Project (16.3 Mtpa), the Pluto LNG project (4.3 Mtpa) under construction and the proposed Wheatstone LNG project (8.6 Mtpa).

The 3D survey is designed to enable improved mapping of Heracles and other leads which are potential candidates for drilling in 2014. The survey covers an area of poor seismic data quality and also fills some large gaps in the 3D seismic coverage for this area. In addition, the 3D survey is being acquired in an East - West direction which enables enhanced imaging via multi-azimuth reprocessing.

The 3D survey over WA-361-P is part of a 1,318 km2 multi-client survey to be acquired utilising the ‘M/V Seisquest’ commencing on or about 1st September. The survey will take approximately 7 weeks depending on weather and possible extensions to the planned program. The final processed volume is expected to be delivered during Q2-2012.

The 3D survey brings forward and fulfils the minimum Permit Year 2 (Jan 2012 – Jan 2013) work program commitment of 150 km2 new 3D seismic.

Oil & Gas Post

Promote Your Page Too
LINK

Foster Wheeler Awarded Karsto Engineering Contract

- Foster Wheeler Awarded Karsto Engineering Contract

Tuesday, August 30, 2011
Foster Wheeler AG

Foster Wheeler AG announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Aibel AS for the provision of detailed design engineering services to support Aibel, which has been appointed by Statoil as the main engineering, procurement and construction contractor for the Kårstø Development Project (KDP) 2013 for the Kårstø and Kollsnes oil and gas processing plants in Norway.

The Foster Wheeler contract value for this project was not disclosed. A small initial release of work was included in the company’s second-quarter bookings. The majority of Foster Wheeler’s work scope will be included in company’s third quarter 2011 bookings.

Foster Wheeler’s scope of work includes detailed design engineering services for modifications at the Kårstø plant to enable it to process light oil from the Gudrun offshore oil field and condensate from the Sleipner field. Foster Wheeler’s scope of work also covers the upgrading of eight compressors, three at Kårstø and five at Kollsnes. There are two additional scopes of work included as options under the KDP 2013 contract: a boiler upgrade project and hydrogen sulfide removal at Kårstø. This work has not yet been released and is dependent on Statoil choosing to exercise the options.

Statoil is acting on behalf of Gassco. Gassco is the operator for the Kårstø and Kollnes terminals, which are owned by the Gassled joint venture, with Statoil as the technical service provider.

Oil & Gas Post

Promote Your Page Too
LINK

GE Hitachi Nuclear Energy and Exelon Nuclear Sign Services Contract

- GE Hitachi Nuclear Energy and Exelon Nuclear Sign Services Contract



Aug 29, 2011

General Electric (NYSE:GE) Hitachi Nuclear Energy announced that it has been awarded a nearly $150 million integrated outage contract by Illinois-based Exelon Nuclear to help ensure the continued, safe performance of the utility's entire fleet of boiling water reactor nuclear power plants in Illinois, Pennsylvania and New Jersey.

The agreement is effective immediately and runs through completion of the spring outage season in 2015. Terms of the contract call for GEH to provide services for assisting with the refuel floor activities and performing the under-vessel and inspection services.

General Electric (NYSE:GE) has a potential upside of 41.8% based on a current price of $15.92 and an average consensus analyst price target of $22.58.

Oil & Gas Post

Promote Your Page Too
LINK

Excelerate Awarded Brazilian FRSU Contract

- Excelerate Awarded Brazilian FRSU Contract

Monday, August 29, 2011
Excelerate Energy L.P.

Excelerate Energy has executed with Petrobras a 15-year time charter party to provide an advanced floating storage and regasification unit (FSRU). This vessel, designated by Petrobras as VT3, will deliver 20 million cubic meters per day of natural gas to the Southeast Region of Brazil.

In addition, from July 2013 until the arrival of the VT3 newbuilding, the Guanabara Bay Terminal will make use of the Exquisite, one of Excelerate Energy's existing FSRUs with an increased regasification plant, expanding the terminal's delivery capacity from 14 to 20 million cubic meters per day.

The VT3 newbuilding design is based on Excelerate Energy's existing fleet and Petrobras requirements, and will have a storage capacity of 173,400 m(3) making it the largest FSRU in the industry. Capable of operation as both an FSRU and a fully tradable LNG carrier, this vessel is expected to enter into service in May of 2014.

Excelerate Energy has selected DSME for the construction of the new vessel, the same shipyard that built its previous eight FSRUs. Working with DSME, Excelerate is continuing the evolution of a highly reliable and proven design, while at the same time, expanding its fleet of compatible vessels.

"We are extremely pleased with the selection of Excelerate Energy to provide this industry-leading vessel, and we are confident that with our experience and expertise in floating regasification that we will provide a high standard of service to justify the confidence that Petrobras has placed in us," said Rob Bryngelson, President and CEO of Excelerate Energy.

Oil & Gas Post

Promote Your Page Too
LINK

Aker Solutions Scores Drilling Equipment Contract for DSME

- Aker Solutions Scores Drilling Equipment Contract for DSME

Friday, August 26, 2011
Aker Solutions

Aker Solutions has received a Letter of Award from Daewoo Shipbuilding & Marine Engineering (DSME), to supply two drilling equipment packages to the new 'Cat D' drilling rigs the yard is building for the rig operator Songa Offshore. Options (if exercised) for two additional units are included. Contract value is undisclosed.

The development of the two Cat D semi-submersible drilling rigs has been initiated by Statoil, the international energy company, which awarded two long-term contracts for the units to Songa in July 2011.

The first two units will be delivered in 2014, and the main deliveries from Aker Solutions will take place in 2012 and 2013. The contract includes topside drilling equipment, procurement and commissioning of the rigs at the DSME yard. The two optional units (if exercised) are scheduled for completion in 2015.

"We are very pleased to win these contracts, which demonstrate the good cooperation between Statoil and the drilling operators and drilling system providers. Together, we have developed a new generation drilling and well intervention design, purpose made for the needs for North Sea operations, through a joint FEED (front end engineering and design) phase. We are also looking forward to continuing the good, long-term collaboration with DSME on this project, the latest addition to a long string of successful joint projects," said Thor Arne Håverstad, head of Aker Solutions' drilling technologies business.

Work on the project will start immediately in Kristiansand, Norway, and in other Aker Solutions drilling technologies units in Asker, Norway, Erkelenz, Germany and Houston in the US.

Oil & Gas Post

Promote Your Page Too
LINK

Maersk Awards TWMA Contract for Gryphon FPSO

- Maersk Awards TWMA Contract for Gryphon FPSO

Thursday, August 25, 2011
TWMA

Maersk Oil has awarded TWMA a contract to handle and dispose of subsea structures and equipment damaged during the Gryphon FPSO storm incident earlier this year.

The Aberdeen-headquartered oil and gas environmental waste management company has been contracted by Maersk Oil in the UK to handle the recovered structures and equipment which suffered damage when storm weather in the UK North Sea caused the Gryphon FPSO to move off station in February.

The contract is worth a six-figure sum and was awarded to TWMA as part of Maersk Oil's ongoing Gryphon recovery and repair program.

TWMA's workscope covers onshore handling, cleaning and cutting of subsea structures including risers, riser bases, flowlines, umbilicals, mid water arches and mattresses. The firm will maximize recycling and reuse options for all recovered materials.

The subsea structures and equipment will be recovered offshore prior to landing at Lerwick harbor, Shetland, where they will be transported to TWMA's onshore waste transfer station in Vatster Gott, Shetland.

Brian Henderson, environmental services division manager of TWMA, said, "Maersk Oil is one of our longest standing clients and we are delighted that they have chosen to use TWMA for this important recovery project.

"Having a permanent presence in Shetland with a dedicated waste transfer station and team allows us to deliver a highly efficient waste management service to Maersk Oil and other clients operating in this region.

"We anticipate that 95% of the subsea material recovered from the Gryphon field will either be reused or recycled, thus dramatically reducing the volume of waste sent for landfill.

"TWMA has extensive knowledge and many years of experience in the field of recovered waste materials, mainly handling large subsea structures and equipment such as pipelines and umbilicals for the decommissioning market. We implement similar waste management strategies to undertake projects such as this where equipment needs to be recovered and replaced with minimal disruption for oil production to go back online."

Oil & Gas Post

Promote Your Page Too
LINK

Statoil Extends Eidesvik Contract

- Statoil Extends Eidesvik Contract

Friday, August 19, 2011
Eidesvik Offshore

Statoil has declared its option for one year extended period for the Time Charter party with Eidesvik, (through its subsidiary Eidesvik Shipping AS), for the environmental friendly LNG power PSV Viking Queen. The extended period starts primo November 2011. Statoil has further two optional yearly extended periods on this contract.

Statoil ASA has also declared a one month extended period for the Time Charter Party for the PSV Viking Athene.

Photo Taken by Viking Athene from Viking Queen

Oil & Gas Post

Promote Your Page Too
LINK

Fluor Lands Caspian Pipeline Expansion Contract

- Fluor Lands Caspian Pipeline Expansion Contract

Wednesday, August 17, 2011
Fluor Corp.

Fluor has been awarded a contract by Chevron Neftegaz—one of three project managers engaged by the Caspian Pipeline Consortium—for its recently announced expansion project. Fluor will provide project services for the marine terminal and supervisory control and data system (SCADA) portions of the Caspian Pipeline Expansion project. The pipeline begins in western Kazakhstan and runs 1,510 kilometers west to the terminal in Novorossiysk, Russia, on the Black Sea. Fluor booked $100 million into backlog in the second quarter.

"This pipeline expansion is a vital first step to pave the way for numerous additional crude oil production expansion projects in the region," said Peter Oosterveer, president of Fluor's Energy & Chemicals Group. "As the original program management contractor for the first phase of the Caspian Pipeline project—which involved refurbishing more than 700 kilometers of pipeline and building an additional 740 kilometers—we're pleased in the confidence the client consortium has again placed in us. This expansion of the Caspian pipeline and terminal to increase oil transportation capacity is crucial to Russia, Kazakhstan and European economic stability and to meet energy demand."

As the project services contractor, Fluor is providing oversight assistance for the deepwater marine terminal expansion in Novorossiysk as well as the SCADA system for the entire pipeline. The project is scheduled to be completed at the end of 2014.

Fluor completed the first phase of this pipeline project with the first crude oil loaded onto a tanker at the marine terminal in October 2001.

Oil & Gas Post

Promote Your Page Too
LINK

Pacific Mistral Wins 3-Year Contract for Petrobras

- Pacific Mistral Wins 3-Year Contract for Petrobras

Wednesday, August 17, 2011
Pacific Drilling S.A.

Pacific Drilling announced that its ultra-deepwater drillship the Pacific Mistral has been awarded a three-year contract by Petróleo Brasileiro S.A. (Petrobras) for operations in Brazil. The contract is expected to commence in the fourth quarter of 2011, and estimated maximum contract revenues, including mobilization and client requested modifications, are expected to be approximately $536 million.

Pacific Drilling Chief Executive Officer Chris Beckett stated, "We are pleased to announce the beginning of a core, strategic relationship with Petrobras. This contract for the Pacific Mistral underscores our commitment to work with the best operators in the industry and also expands our operating presence in the Atlantic Basin, a region of focus for our activities."

The Pacific Mistral was delivered by Samsung Heavy Industries in June 2011. The rig is equipped for and capable of operating in water depths of up to 12,000 feet and drilling wells 37,500 feet deep.

With its best-in-class drillships and highly experienced team, Pacific Drilling is a fast growing company that is dedicated to becoming the preferred ultra-deepwater drilling contractor. In addition to three ultra-deepwater drillships delivered to date, Pacific Drilling expects delivery of an additional drillship during the fourth quarter of 2011 and has two drillships on order at Samsung for delivery during 2013.

Oil & Gas Post

Promote Your Page Too
LINK

BMT Secures 5-Year Service Contract for Cascade & Chinook Fields

- BMT Secures 5-Year Service Contract for Cascade & Chinook Fields

Wednesday, August 17, 2011
BMT Group Ltd.

BMT Scientific Marine Services (BMT), a subsidiary of BMT Group, has been contracted by Petrobras America Inc., a subsidiary of Petrobras, to provide support maintenance and repair for the Cascade and Chinook Free Standing Hybrid Riser Tower (FSHR) Monitoring System.

This agreement includes five years of operation to support maintenance and repair of the FSHR monitoring system, including equipment replacement, change-out of batteries, repair of equipment, preventative maintenance, equipment refurbishment, freight and transport.

The monitoring system was originally supplied by BMT with subsea installation completed in 2010. It was designed to monitor the stabilizing uplift forces on five Riser Towers and record Riser, Turret Buoy and FPSO position, motion and mooring data.

The BMT Service Team has provided service to platforms and vessels around the world that utilize its monitoring and control systems. BMT offers pro-active maintenance, unscheduled or emergency service visits, remote support, and both onsite and shore-based training.

Oil & Gas Post

Promote Your Page Too
LINK

TWMA Wins 1st Offshore Contract in W. Africa

- TWMA Wins 1st Offshore Contract in W. Africa

Tuesday, August 16, 2011
TWMA

TWMA has won its first offshore service contract in West Africa, signifying its intention to expand its business in this important region.

The contract was awarded by AGR Petroleum Services and is worth around £1million over six months. It covers supply, installation and operation of an integrated drilling waste management solution.

TWMA will provide a range of solids control technologies to AGR for its drilling campaign in the Hyperdynamics' concession offshore the Republic of Guinea.

The drillship Jasper Explorer has been contracted by AGR, on behalf of Hyperdynamics, for this exploration project. It will leave Singapore where it is currently based for Conakry in Guinea later this month with drilling due to commence in August.

The service package, which includes cuttings dryers, centrifuges and pumps along with TWMA's field proven CCDS cuttings handling, storage and transfer system has been deployed from TWMA's facilities in Aberdeen, UK, and Egypt.

A crew of up to 15 technicians will be mobilized from Aberdeen to install the equipment on the drillship and a team will remain onboard for the duration of AGR's drill program.

Ronnie Garrick, managing director of TWMA, said, "West Africa is a priority region for our ongoing internationalization plans and this landmark contract offshore Guinea provides a basis for us to continue expanding our waste management services in the region.

"Our ability to provide a complete solids control package to AGR and deliver short mobilization times for projects worldwide sets us apart from other companies. We are delighted that AGR has chosen to work with TWMA again and look forward to this latest campaign.

"As we continue to strengthen and build relations in West Africa through a focused and dedicated resource for the region, we are confident of winning further new business for all our service lines."

Oil & Gas Post

Promote Your Page Too
LINK

Serimax Clinches Welding Contract for Subsea 7 in Brazil

- Serimax Clinches Welding Contract for Subsea 7 in Brazil

Tuesday, August 16, 2011
Serimax

Serimax, a 100% subsidiary of Vallourec, has been awarded the welding contract for the Gas Sul North Capixaba (GSNC) project by Subsea 7 in Brazil.

Serimax will provide welding services on 151km of 18" sour service pipeline, which will run parallel to the Brazilian coast and links the Camarupim Field gas pipeline to the Parque des Baleias complex.

The project management will be run from Serimax's Brazilian facility, with welder performance qualification taking place in Houston and offshore installation onboard the vessel Polaris scheduled to start in November and completed toward the end of February 2012.

Mickael Dolou, Serimax's Brazil area manager, said, "Winning this award is a reflection of the commitment we have made to establishing Serimax as the leading welding contractor for the export/shallow water pipeline market in Brasil and South America.

"We have invested in infrastructure and manpower to offer clients extensive local contact both pre and post project, and hope that our quality of service and strong commitment for continuous improvement will open up further opportunities to work with Subsea 7."

Oil & Gas Post

Promote Your Page Too
LINK