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Latest news - Contracts

Ocean Installer Scoops Major Subsea Contract for Equinor’s Troll Gas Field

Ocean Installer Scoops Major Subsea Contract for Equinor’s Troll Gas Field   Ocean Installer has secured the engineering, procurement, construction and installation (EPCI) contract for subsea umbilicals, risers and flowlines (SURF) scope from Equinor and its partners for the second stage of the Troll Phase 3 gas development offshore Norway. This SURF EPCI contract, worth over $95 million (NOK 1 billion), includes a substantial fabrication scope and offshore work over three ye...

Oceaneering secures $50M umbilical contract

Oceaneering secures $50M umbilical contract   Oceaneering will supply an electro-hydraulic, steel tube dynamic umbilical totaling about 27 km (17 miles) in length for a project in the Gulf of Mexico. HOUSTON — Oceaneering International's Manufactured Products segment has secured a $50 million contract with a domestic independent energy company. Oceaneering will supply an electro-hydraulic, steel tube dynamic umbilical totaling about 27 km (17 miles) in length for a...

After ExxonMobil, Petrobras and Equinor, another energy major hires French firm

After ExxonMobil, Petrobras and Equinor, another energy major hires French firm   French provider of tubular solutions Vallourec has secured a contract extension with Abu Dhabi National Oil Company (ADNOC) to continue supplying tubes and connections for offshore and onshore oil and gas fields. Vallourec and the National Oil Company of Abu Dhabi signed a two-year extension to the 2019 contract originally worth around $900 million, which takes effect in January 2025 and will last up...

New contract awarded for Kystdesign

New contract awarded for Kystdesign   Kystdesign is excited to share that we have secured a new contract with DOF, a significant player in the global offshore industry. DOF has placed an order for two complete Constructor Compact ROV systems. The Constructor Compact is a newly developed compact version of our robust and powerful Constructor ROV, and it has already shown success, with four systems sold to date. We are pleased and grateful for the contract with DOF, and it is an...

Subsea7 awarded a contract for the Bittern field in the UK North Sea.

Subsea7 awarded a contract for the Bittern field in the UK North Sea.   Subsea7 today announced the award of a sizeable1 contract by Dana Petroleum (E&P) Limited, for the Bittern field development, located approximately 190km east of Aberdeen in the UK Central North Sea, at a water depth of 90 metres. The contract scope includes project management, engineering, procurement, construction and installation (EPCI) of a 22km 12” water injection pipeline. Subsea7’s scope...

Wood to deliver 3-year engineering contract with TotalEnergies in Iraq

Wood to deliver 3-year engineering contract with TotalEnergies in Iraq   Wood, a global leader in consulting and engineering, has been awarded a new $46 million, three-year contract by TotalEnergies in Iraq. Wood will provide front-end engineering design (FEED), detailed design, procurement support, and construction and commissioning assistance for the first phase of the Associated Gas Upstream Project, part of the Gas Growth Integrated Project (GGIP) in Southern Iraq. The GGIP...

Noble drillship booked for more wells by Gulf of Mexico oil & gas operator

Noble drillship booked for more wells by Gulf of Mexico oil & gas operator   Houston-based oil and gas company Murphy Oil has widened the drilling scope of work Noble Corporation, an offshore drilling contractor, is in charge of carrying out in the U.S. Gulf of Mexico with one of its drillships. While highlighting that Murphy Oil has exercised its option for the Noble Stanley Lafosse drillship to spud five additional wells in the Gulf of Mexico, Noble explains that the extensio...

Emerson Downhole Monitoring Systems Selected for Equinor’s Rosebank Field

Emerson Downhole Monitoring Systems Selected for Equinor’s Rosebank Field Roxar integrated monitoring technology will help Norwegian energy company develop the largest untapped oil field in the North Sea   STAVANGER, Norway (June 6, 2024) – Norwegian energy producer Equinor has chosen Emerson to provide advanced well completion monitoring systems for its Rosebank oil and gas field development offshore in the United Kingdom. Emerson’s suite of Roxar™ downh...

Transocean Secures Offshore Drilling Contracts Worth $161 Million

Transocean Secures Offshore Drilling Contracts Worth $161 Million   Transocean Ltd. is, a leading offshore drilling contractor, has announced securing new contract fixtures for three of its harsh environment semisubmersibles, contributing approximately $161 million to its firm contract backlog. In Norway, the Transocean Spitsbergen was granted a three-well contract extension by Equinor. Set to commence in the fourth quarter of 2025, the program contributes approximately $72 million...

Subsea 7 seals $1.25bn pipelay support vessels deal in Brazil

Subsea 7 seals $1.25bn pipelay support vessels deal in Brazil   Oslo-listed Subsea 7 has landed a new billion-dollar deal with Petrobras by fixing four pipelay support vessels (PLSVs) from 2025. The contracts with a combined value of over $1.25bn cover the PLSVs Seven Rio, Seven Cruzeiro, Seven Sun and Seven Waves. All ships have a history of operating on deepwater developments for Brazil’s state-owned oil giant. The 2014-built Seven Waves has been contracted for four...

Weatherford awarded framework extension with Equinor for completions and slot recovery

Weatherford awarded framework extension with Equinor for completions and slot recovery   Weatherford International has announced it has been awarded a two-year frame agreement extension with Equinor, for the delivery of completions, liner-hangers, and slot recovery services. To deliver on this scope, Weatherford will offer its Accuview® downhole monitoring solutions with the AlphaVTM next-generation whipstock system building on our track record of enhancing operational efficien...

Serica Energy Awards Subsea7 $150 Million Contract for Belinda Pipeline

Serica Energy Awards Subsea7 $150 Million Contract for Belinda Pipeline   Subsea7, a seabed-to-surface engineering firm, has secured a contract valued between $50 million and $150 million from Serica Energy for the development of the Belinda oil and gas field, as well as a pipeline in the UK Central North Sea, Energy Voice reported on Monday, May 27, 2024. As outlined by Subsea7 on Monday, the project scope includes engineering, procurement, construction, and installation (EPCI) o...

SLB OneSubsea secures contract for Equinor’s North Sea project

SLB OneSubsea secures contract for Equinor’s North Sea project   The contract is for the second stage of phase three of the North Sea Troll project, offshore Norway. LB OneSubsea, a collaboration between SLB, Aker Solutions, and Subsea7, has been awarded a sizable contract by Norwegian oil and gas company Equinor. The contract is for the second stage of Phase 3 of the North Sea Troll project. Located in the northern North Sea, Troll field is undergoing an expansion with...

Elemental Energies awarded major wells decommissioning contract in the Gulf of Mexico

Elemental Energies awarded major wells decommissioning contract in the Gulf of Mexico   Leading independent wells specialist, Elemental Energies, has secured a major master services contract to support the decommissioning of nine orphaned wells in the Gulf of Mexico from Promethean Energy (Promethean), a late life oil and gas operator focused on delivering safe, cost-efficient and timely decommissioning of mature assets. The first phase commenced in February with Elemental Energie...

Saipem secures $850 million award offshore Angola from Eni-led joint venture

Saipem secures $850 million award offshore Angola from Eni-led joint venture   Saipem has been awarded a new offshore contract by Azule Energy Angola S.p.A., a subsidiary of Azule Energy Holdings Limited, for the development of the Ndungu field. The offshore field is  part of Agogo Integrated West Hub Project, approximately 180 km off the coast of Angola. The value of the contract is around $850 million. Saipem’s scope of work entails the engineering, fabrication, transp...

Saipem awarded a new offshore contract by Azule Energy

Saipem awarded a new offshore contract by Azule Energy   Saipem has been awarded a new offshore contract by Azule Energy Angola S.p.A., subsidiary of Azule Energy Holdings Ltd. an incorporated joint venture between Eni and bp, for the development of the Ndungu Field as part of Agogo Integrated West Hub Project, located approximately 180 km off the coast of Angola. The value of the contract is around US$850 million. Saipem’s scope of work entails the engineering, fabrication,...

Seatrium wins FPSO integration contract from repeat customer SBM Offshore

Seatrium wins FPSO integration contract from repeat customer SBM Offshore   Announcement of the contract win came a day after Seatrium and four other counters were removed from a key market index. Seatrium has won a contract from repeat customer SBM Offshore for the topside fabrication and integration of an FPSO, floating production storage and offloading vessel. The contract value is not disclosed. The news came a day after Seatrium, together with four other counters is to be r...

OTL - Odfjell Technology Secures 3-Year Contract for Tubular Running Services with COSL Drilling Europe AS

OTL - Odfjell Technology Secures 3-Year Contract for Tubular Running Services with COSL Drilling Europe AS   Odfjell Technology, a leading provider of drilling and well services, has secured an important contract with COSL Drilling Europe AS. The fixed part of the contract, valued at approximately 160 million NOK, encompasses Tubular Running Services has a duration of three years, with the option for two additional one-year periods. The agreement between Odfjell Technology and COSL...

ADNOC Drilling awarded $1.7 Billion Contract

ADNOC Drilling awarded $1.7 Billion Contract   The contract will see Turnwell deliver 144 unconventional oil and gas wells. To service the contract, and explore the considerable future opportunities in unconventional resources, ADNOC Drilling has incorporated a new company, Turnwell Industries LLC OPC (“Turnwell”). ADNOC Drilling has signed a term sheet to enter into a strategic partnership with Schlumberger Middle East SA (“SLB”) and Patterson-UTI Internati...

TechnipFMC awarded significant iEPCI contract by Woodside Energy for Xena phase 3 development

TechnipFMC awarded significant iEPCI contract by Woodside Energy for Xena phase 3 development   TechnipFMC has been awarded a significant integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract by Woodside Energy in Australia. TechnipFMC will design, manufacture, and install the subsea production system, flexible pipe, and umbilicals for the Xena Infill well (XNA03) to support ongoing production from the Pluto LNG Project. The award follows an integrate...
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