Edition:
United States

Integrated Oil & Gas

Page 1

Aker Solutions wins Shell Norway contract

Thursday, 31 Aug 2017 03:00am EDT

Aug 31 (Reuters) - Aker Solutions Asa :Wins brownfield modifications and maintenance support contract from Shell in Norway for the Nyhamna and Draugen facilities.agreement has a fixed period of four years and may be extended by up to seven years.While volumes will vary from year to year, the contract provides work for Aker Solutions' west coast operations, particularly the division in Kristiansund.The companies agreed to not disclose the financial value of the contract, which will be booked as part of Aker Solutions' third-quarter orders.

Shell awards Kvaerner decommissioning contract at Nyhamna

Thursday, 10 Aug 2017 03:33am EDT

Aug 10 (Reuters) - KVAERNER ASA :SAYS HAS BEEN AWARDED A CONTRACT WITH A/S NORSKE SHELL FOR THE DISPOSAL AND DEMOLITION OF THE SUBSEA COMPRESSION PILOT AT NYHAMNA.SAYS THE SCOPE OF WORK CONSISTS OF REMOVAL AND DEMOLITION OF APPROXIMATELY 2 200 TONNES OF MODULES. .SAYS THE MODULES WILL BE TRANSPORTED FROM NYHAMNA TO KVAERNER’S FACILITIES AT STORD FOR DISMANTLING AND RECYCLING. .SAYS THE WORK WILL START IMMEDIATELY AND THE FIRST PART, CONSISTING OF REMOVAL OF MODULES FROM THE TEST PIT WILL BE COMPLETED IN 2017. THE REMAINING MODULES WILL BE REMOVED IN 2018..

Subsea 7 wins $250 mln contrat extensions from Petrobras

Friday, 21 Jul 2017 02:00am EDT

July 21 (Reuters) - SUBSEA 7 ::SUBSEA 7 AWARDED CONTRACT EXTENSIONS OFFSHORE BRAZIL FOR THREE PIPELAY SUPPORT VESSELS (PLSVS) CURRENTLY ON LONG-TERM DAY-RATE CONTRACTS OFFSHORE BRAZIL. .THESE EXTENSIONS HAVE A COMBINED VALUE OF APPROXIMATELY USD 250 MILLION..FIRM CONTRACT PERIODS FOR SEVEN WAVES, SEVEN RIO AND SEVEN SUN WILL NOW END RESPECTIVELY IN Q2 2021, Q3 2021 AND Q2 2022..CLIENT IS OIL FIRM PETROBRAS<<>>.

ExxonMobil acquires interest in acreage Offshore Suriname

Thursday, 13 Jul 2017 01:00pm EDT

July 13 (Reuters) - Exxon Mobil Corp ::ExxonMobil acquires interest in acreage offshore suriname.‍Preparations underway to begin exploration activities​.Agreement expands ExxonMobil operated acreage in Guyana-Suriname Basin.Following contract signing, co-venturers are preparing to begin exploration activities, including acquisition and analysis of seismic data.ExxonMobil says unit, Production Suriname B.V., signed a production sharing contract for block 59 with Staatsolie Maatschappij Suriname N.V..ExxonMobil is operator in Acreage Offshore Suriname.‍Exxonmobil and consortium partners Hess and Statoil each hold a third of interest in block​.

Statoil awards Seadrill rig contracts for exploration drilling in Santos basin

Thursday, 13 Jul 2017 02:00am EDT

July 13 (Reuters) - Statoil Asa :statoil: statoil secures drillship for exploration drilling in brazil - statoil.com.Statoil brasil oleo e gas ltda has awarded seadrill rig contracts for exploration drilling in bm-s-8 license in santos basin.Agreement includes two contracts: seadrill offshore as will provide drillship west saturn and seadrill serviços de petroleo limitada will provide services on board.Fixed contract scope includes one exploration well and one drill stem test.

Rig firm Seadrill wins $26 mln contract for West Saturn

Thursday, 13 Jul 2017 01:45am EDT

July 13 (Reuters) - Rig firm Seadrill Ltd :Seadrill announces contract award for the west saturn.Seadrill has secured a firm contract for one well and one drill stem test with Statoil Brasil Óleo e Gas for the West Saturn in Brazil.The contract also includes a number of option wells to be drilled in blocks where Statoil has license and operatorship.West Saturn is expected to commence operations between December 2017 and January 2018. .Backlog for firm portion of contract, is expected to be approximately $26 million.

Statoil, Vattenfall and Gasunie may convert gas power plant to hydrogen

Friday, 7 Jul 2017 03:07am EDT

July 7 (Reuters) - Statoil Asa :Statoil, vattenfall and Gasunie have signed a memorandum of understanding (mou) to evaluate possibilities of converting vattenfall's gas power plant magnum in netherlands into a hydrogen-powered plant.Potential co2 emission reduction is 4 million tons of co2 per year.

Odfjell Drilling wins $55 mln contract

Tuesday, 4 Jul 2017 07:50am EDT

July 4 (Reuters) - Odfjell Drilling Ltd :Odfjell drilling awarded a contract with total e&p south africa.Further to conditional letter of award ("CLOA") as announced on 1 march 2017, odfjell drilling has now been awarded contract as described in CLOA.Contract commencement shall be between june 2018 and april 2019 and shall be back to back with completion of ongoing contract with wintershall norge on maria field or any subsequent contract.Contract is awarded by total e&p south africa and is for a one well plus one optional well to be drilled by 6th generation semi-submersible, deepsea stavanger, offshore south africa.Contract value including compensation for mobilization/demobilization period is estimated up to usd 55 million.Company expects drilling of firm well to take 60-80 days.

Total Iran and NIOC sign contract for development of phase 11 of the giant South Pars gas field

Monday, 3 Jul 2017 07:47am EDT

July 3 (Reuters) - TOTAL SA : :IRAN: TOTAL AND NIOC SIGN CONTRACT FOR THE DEVELOPMENT OF PHASE 11 OF THE GIANT SOUTH PARS GAS FIELD.THE PROJECT WILL HAVE A PRODUCTION CAPACITY OF 2 BILLION CUBIC FEET PER DAY OR 400,000 BARRELS OF OIL EQUIVALENT PER DAY INCLUDING CONDENSATE..THIS CONTRACT, WHICH HAS A 20-YEAR DURATION, IS THE FIRST IRANIAN PETROLEUM CONTRACT (IPC).TOTAL IS OPERATOR OF THE SP11 PROJECT WITH 50.1% INTEREST ALONGSIDE CHINESE STATE-OWNED OIL AND GAS COMPANY CNPC (30%), AND PETROPARS (19.9%), WHOLLY OWNED SUBSIDIARY OF NIOC.PRODUCED GAS WILL SUPPLY THE IRANIAN DOMESTIC MARKET STARTING IN 2021.SP11 WILL BE DEVELOPED IN TWO PHASES.THE FIRST PHASE WILL CONSIST OF 30 WELLS AND 2 WELLHEAD PLATFORMS CONNECTED TO EXISTING ONSHORE TREATMENT FACILITIES BY 2 SUBSEA PIPELINES..SECOND PHASE WILL BE LAUNCHED INVOLVING CONSTRUCTION OF OFFSHORE COMPRESSION FACILITIES, A FIRST ON SOUTH PARS FIELD.THE FIRST PHASE HAS ESTIMATED COST OF AROUND 2 BILLION DOLLARS EQUIVALENT.

Solstad Farstad wins 5 years PSV contract with Statoil

Tuesday, 27 Jun 2017 09:38am EDT

June 27 (Reuters) - Solstad Farstad Asa ::Charter agreement.Statoil petroleum as has awarded Solstad Farstad a 5 years contract to support Statoil PSV pool at Norwegian continental shelf utilizing PSV Far searcher.Solstad Farstad asa: commencement of contract will take place in September 2017.Statoil has option to extend the contract by additional 5 x 1 year..Far Searcher will by this contract award be the second vessel in the Solstad Farstad fleet on long term contract with Statoil with "Battery Power" notation..The commercial terms of the agreement will be kept private and confidential between the parties.

Markets

  • Sectors
  • U.S.
  • Europe
  • Asia

Sector Summary