Category archives for: Headlines

Baku Shipyard to Build Subsea Vessel for Shah Deniz

Baku Shipyard to Build Subsea Vessel for Shah Deniz

Baku Shipyard LLC (Baku Shipyard) has secured a contract worth US$378 million from BP Exploration (Shah Deniz) Ltd, the operator of the Shah Deniz gas field development, to design and build a Subsea Construction Vessel (SCV). When completed, the SCV will be deployed for the Stage 2 development of the Shah Deniz field, which lies […]

Top News of the Week of Apr 14 – Apr 20, 2014

Top News of the Week of Apr 14 – Apr 20, 2014

1. McDermott to Operate North Sea Spoolbase McDermott International, Inc.’s subsidiary has signed an option agreement with PD Ports which gives it the exclusive right to operate a spoolbase to serve projects in the North Sea. McDermott expects to have the facility available for projects in early 2015. 2. Total Hires Saipem for Kaombo FPSO […]

Total Hires Saipem for Kaombo FPSO Work Offshore Angola

Total Hires Saipem for Kaombo FPSO Work Offshore Angola

Saipem has been awarded two contracts in Angola by Total, for a combined total value of more than $4 billion. The main contract is worth more than $3 billion, and is an EPCI  for the engineering, procurement, installation and commissioning of two converted turret-moored Floating Production Storage and Offloading units (FPSO) for the Kaombo Field […]

Technip, Heerema Awarded $3.5 Bln Subsea Contract by Total

Technip, Heerema Awarded $3.5 Bln Subsea Contract by Total

Technip and Heerema Marine Contractors, have signed a major lump-sum contract with Total E&P Angola for the engineering, procurement, construction, installation (EPCI) and pre-commissioning for the SURF (subsea umbilicals, risers and flowlines) part of the Kaombo project, located in Block 32 offshore Angola. The contract is valued at approximately  $3.5 billion with a Technip share […]

Aker Solutions Nets $2.3 Bln Subsea Equipment Contract in Angola

Aker Solutions Nets $2.3 Bln Subsea Equipment Contract in Angola

Aker Solutions won a contract worth $2.3 billion from Total to provide a subsea production system for the Kaombo Block 32 development in Angola. Aker Solutions will deliver 20 subsea manifolds and 65 vertical subsea wellsets. The order also includes associated controls as well as work-over and tie-in systems. The first deliveries are scheduled for […]

FMC Technologies Bags BP’s Shah Deniz Stage 2 Subsea Gig

FMC Technologies Bags BP’s Shah Deniz Stage 2 Subsea Gig

FMC Technologies, Inc. has received an order from BP to supply subsea systems for its Shah Deniz Stage 2 project in the Caspian Sea. The order has an estimated value of $322 million in revenue. FMC Technologies’ scope of supply includes subsea manifolds, associated controls and connection equipment as well as key controls and connection […]

Total Begins Kaombo Offshore Project Development (Angola)

Total Begins Kaombo Offshore Project Development (Angola)

Total and its joint venture partners have made the final investment decision to develop the ultra-deep offshore Kaombo project in Angola. With a production capacity of 230,000 barrels per day, Kaombo will develop estimated reserves of 650 million barrels. Following an intensive optimization exercise, the project’s capital expenditure to reach full capacity was reduced by […]

Top News of the Week of Apr 07 – Apr 13, 2014

Top News of the Week of Apr 07 – Apr 13, 2014

1. UTEC Bags Largest Pipelay Support Contract in Australia UTEC Survey (Australia) Pty Ltd informed that has been awarded the largest pipelay support survey and positioning contract in Australia. 2. Offshore Compression Project for Ormen Lange Postponed The Ormen Lange Licence has decided to postpone the Offshore Compression Project for Ormen Lange, and stop the […]

Shah Deniz Stage 2 Fabrication Contracts Awarded

Shah Deniz Stage 2 Fabrication Contracts Awarded

The Shah Deniz consortium informed that the Stage 2 project continues to progress on schedule with further major construction and supply contracts recently awarded. The contract for the fabrication of the jackets for the two planned offshore platforms, pin piles and subsea structures has been awarded to the consortium consisting of BOS Shelf LLC, Saipem […]

Aker Solutions’ Subsea Manifolds for Petrobras’ Pre-Salt Fields

Aker Solutions’ Subsea Manifolds for Petrobras’ Pre-Salt Fields

Aker Solutions won a contract worth more than USD 300 million from Petrobras to supply eight manifolds that alternately inject water and gas to increase oil recovery from Brazil’s deepwater offshore fields. The subsea manifolds, designed for water depths of 2,500 meters, will be installed by Petrobras and its partners in deepwater pre-salt field developments. […]







LB
McAfee SECURE sites help keep you safe from identity theft, credit card fraud, spyware, spam, viruses and online scams