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Latest news - Contracts

Saipem hit with two-year suspension of public contracting activity in Brazil

Saipem hit with two-year suspension of public contracting activity in Brazil   Italy’s engineering, drilling, and construction services provider Saipem is facing restrictions on new contracts in Brazil due to being banned from making new deals with the country’s public administration over the next couple of years. The Brazilian administrative authority, Controladoria-Geral da União (CGU), issued on January 12, 2024, its final ruling in the administrative proceedi...

Full Circle secures Scottish service contract

Full Circle secures Scottish service contract   Full Circle has secured a long-term, full-scope, maintenance contract with Ventient Energy to service Senvion turbines at the 30MW Dalswinton onshore wind farm in Scotland. The agreement will cover 15 MM82 turbines each rated at 2.05MW of capacity, and marks Full Circle’s first long-term deal working on Senvion hardware as the company expands its multi-brand service offering. Following a competitive tender process, Full Circl...

FPSO gets contract extension for North Sea Catcher Field work

FPSO gets contract extension for North Sea Catcher Field work    The BW Catcher FPSO is owned and operated by BW Offshore and is leased out under a seven-year fixed term contract, with extension options for an additional 18 years. The original seven-year base term of the contract expires on Jan. 6, 2025, and from Jan. 6, 2024, the contract is subject to a rolling 12-month termination right. Until such a termination notice is received, the contract automatically extends on a da...

FutureOn expands into West Africa with three-year Azule Energy contract for FieldTwin platform

FutureOn expands into West Africa with three-year Azule Energy contract for FieldTwin platform   Angola-based Azule Energy – a standalone integrated energy company combining the local assets of bp and Eni – will use FieldTwin to develop and accelerate four of its projects in the region. This includes the Agogo Integrated West Hub Development Project - widely recognized as one of the major upstream projects being developed in Angola with approximately one billion barrels es...

Wood wins detailed engineering design for Trion project in Gulf of Mexico

Wood wins detailed engineering design for Trion project in Gulf of Mexico   Wood, a global leader in consulting and engineering, has secured a contract from HD Hyundai Heavy Industries for detailed engineering of the topsides facilities on Woodside Energy's Trion Floating Production Unit (FPU) in Mexican waters of the Gulf of Mexico. When complete, Trion will have a production capacity of 100,000 barrels per day and connect to a 950,000 barrel capacity floating storage and offload...

TechnipFMC Awarded Major iEPCI™ Contract by Petrobras for Mero 3 HISEP® Project

TechnipFMC Awarded Major iEPCI™ Contract by Petrobras for Mero 3 HISEP® Project   TechnipFMC has been awarded a major(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Petrobras to deliver the Mero 3 HISEP® project, which uses subsea processing to capture carbon dioxide-rich dense gases and then inject them into the reservoir. TechnipFMC, in partnership with Petrobras, has advanced the qualification of some of the core t...

Shell awards Sparta FPU construction contract to Seatrium

Shell awards Sparta FPU construction contract to Seatrium   Shell Offshore, a subsidiary of oil and gas major Shell, has awarded a construction contract to Singaporean company Seatrium. The contract is for the Sparta semi-submersible FPU. Under the agreement, which follows a letter of intent from August 2023, Seatrium will construct and integrate the hull, topsides and living quarters, along with the installation of Shell-provided equipment.   The Sparta FPU, destined f...

Seadrill Announces Contracts for West Auriga and West Polaris in Brazil

Seadrill Announces Contracts for West Auriga and West Polaris in Brazil   Seadrill Limited ("Seadrill" or the "Company") today announced that Petrobras has awarded 1,064-day fixed-term contracts to each of the West Auriga and the West Polaris following a competitive bidding process. The contracts are expected to commence in the fourth quarter of 2024 and represent total contract value of approximately $1.1 billion, inclusive of additional services and mobilization...

Wood to support one of the world’s largest offshore wind to grid connection projects

Wood to support one of the world’s largest offshore wind to grid connection projects   Wood, the global consulting and engineering company, has been awarded a contract by Dragados Offshore, to deliver engineering design and provide regulatory support for the development of three 2GW convertor stations that will transfer offshore wind power to Germany's power grid. These projects will be executed by Dragados Offshore, Spain in partnership with Siemens Energy. The three off...

Transocean Bags Rig Contract for Romania's Neptun Deep

Transocean Bags Rig Contract for Romania's Neptun Deep   OMV Petrom SA has contracted a Transocean Ltd. rig for Romania’s first deepwater offshore gas project and awarded the integrated drilling services to the local unit of the United States’ Halliburton Co. The Transocean Barents semi-submersible drilling rig will be deployed to the Neptun Deep block on the Romanian side of the Black Sea for at least one and a half years. OMV Petrom and Transocean have agreed on...

Dnv Contracted By Ørsted And Pge To Certify Baltica 2 Offshore Wind Farm In Poland

Dnv Contracted By Ørsted And Pge To Certify Baltica 2 Offshore Wind Farm In Poland    Hamburg, December 11 2023 – DNV, the independent energy expert and assurance provider, has been contracted by Ørsted and PGE to certify Baltica 2 offshore wind farm in Poland. The project, located in the Polish part of the Baltic Sea, is set to contribute significantly to Poland’s green energy transition, accelerate the development of the local supply chain and spur eco...

Constellation awarded rig extension deals by Petrobras

Constellation awarded rig extension deals by Petrobras   Brazilian offshore driller Constellation Oil Services has secured contract extensions from Petrobras for two of its rigs. Brazil’s state-controlled energy giant has opted to keep the 1976-built semisub Atlantic Star in operation until January 2025. Meanwhile, the 2012-built drillship Amaralina Star has been secured for an additional 12 months keeping it working offshore Brazil into October 2025. In related Petrob...

Arnlea Secures a New Three-Year Software Contract Extension with Leading Oil and Gas Company, Propelling Partnership into Ninth Year

Arnlea Secures a New Three-Year Software Contract Extension with Leading Oil and Gas Company, Propelling Partnership into Ninth Year   Arnlea, a global leader in industrial mobile software for tracking, inspection, and maintenance, is delighted to announce a new three-year software contract with one of the UK’s largest Oil and Gas companies, extending their existing relationship to nine years strong. The new six-figure contract will transition the client from Arnlea’s o...

Ashtead Technology signs reseller agreement with i2S

Ashtead Technology signs reseller agreement with i2S   International subsea rental equipment and solutions specialist Ashtead Technology has signed a reseller agreement with France-based i2S, specialists in underwater robotics and imaging solutions. The agreement is an extension to the rental agreement signed earlier this year and sees Ashtead Technology become an exclusive global reseller, as well as a rental provider, of i2S Orphie camera systems. i2S Orphie systems are high-s...

Petrobras books PXGEO for another survey gig off Brazil

Petrobras books PXGEO for another survey gig off Brazil   Marine geophysical services player PXGEO has won a new contract with Brazil’s state-owned oil and gas giant Petrobras for a 4D ocean bottom node (OBN) survey offshore Brazil. This survey is to be acquired in water depths up to 2,200 m with a duration of approximately 7 months. According to PXGEO, the 4D OBN survey will be conducted in the Santos Basin off the coast of Brazil. This comes months after the firm secure...

Italy's Saipem wins contracts in Brazil and Guyana worth $1.9 billion

Italy's Saipem wins contracts in Brazil and Guyana worth $1.9 billion ' ROME, Nov 29 (Reuters) - Italian energy engineering and infrastructure company Saipem (SPMI.MI) has won two offshore contracts in Brazil and Guyana worth around $1.9 billion in total, it said on Wednesday. In Brazil, Saipem was awarded a contract by Equinor (EQNR.OL) for the Raia project, which envisages the development of a pre-salt gas and condensate field in the Campos Basin, located about 200 kilometres...

Aquaterra Energy lands platform repurposing contract for trailblazing Project Greensand

Aquaterra Energy lands platform repurposing contract for trailblazing Project Greensand    Aquaterra Energy, a leader in global offshore energy engineering solutions, has secured a contract with INEOS, one of the world's largest chemical and oil and gas producers, and emergent Carbon Capture and Storage operator. Aquaterra Energy has been contracted to support with the life extension of an existing offshore platform for CO2 injection as part of the Project Greensand CCS devel...

Equinor awards well testing services contract to Expro

Equinor awards well testing services contract to Expro   Oil and gas company Equinor has awarded a contract to US-based Expro to offer well testing services on the Norwegian Continental Shelf. As per the corporate frame agreement, Expro will undertake the well testing work across the Barents, Norwegian and North seas. The scope of the four-year contract includes production optimisation and well flow management. Expro said these services will improve Equinor’s assets in...

ModuSpec lands two geothermal projects in Europe

ModuSpec lands two geothermal projects in Europe   ModuSpec, a Vysus Group company, has secured two contracts to deliver rig inspection services for geothermal projects within Continental Europe. The organisation will support ENNA Geo ahead of the operator’s planned geothermal drilling operations in 2024, providing inspection and acceptance of the Emsco E-605 land rig onshore Croatia. The scope will include an audit of the rig contractor’s management systems including&n...

Altrad Sparrows ventures into Papua New Guinea with ExxonMobil LNG contract

Altrad Sparrows ventures into Papua New Guinea with ExxonMobil LNG contract   21st November 2023: Sparrows Group (Sparrows), the maintenance and engineering services specialist for the global energy and industrial sectors, is thrilled to announce a momentous contract win for the provision of comprehensive crane maintenance services to the ExxonMobil PNG LNG (Papa New Guinea liquefied natural gas) project. This significant three-year contract, which includes a one-year extension option...
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