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Oil Related Services and Equipment

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Keane Group Inc - ‍Placed Orders For Approximately 150,000 Newbuild Hydraulic Horsepower

Thursday, 14 Dec 2017 06:00am EST

Dec 14 (Reuters) - Keane Group Inc ::KEANE GROUP INC - ‍PLACED ORDERS FOR APPROXIMATELY 150,000 NEWBUILD HYDRAULIC HORSEPOWER, REPRESENTING THREE ADDITIONAL HYDRAULIC FRACTURING FLEETS​.KEANE GROUP INC- EXPECT NEWBUILDS TO INITIALLY GENERATE ANNUALIZED ADJUSTED GROSS PROFIT PER FLEET OF GREATER THAN $20 MILLION.KEANE GROUP INC- TOTAL CAPITAL EXPENDITURES FOR THREE FLEETS WILL BE APPROXIMATELY $115 MILLION.KEANE GROUP - ‍IN ADVANCED DISCUSSIONS WITH BOTH EXISTING AND NEW CUSTOMERS AND EXPECT TO EXECUTE DEDICATED AGREEMENTS FOR NEW FLEETS BY END OF Q1 2018​.KEANE GROUP INC - ‍TWO FLEETS EXPECTED TO BE DELIVERED AND DEPLOYED BY END OF Q2 OF 2018, AND A THIRD BY END OF Q3 OF 2018​.KEANE GROUP INC - ‍INTEND TO FUND CAPITAL EXPENDITURES FOR FLEETS OUT OF CASH ON HAND AND EXPECTED CASH FLOW FROM OPERATING ACTIVITIES​.KEANE GROUP INC- EXPECT GROWTH FROM NEWBUILDS, PROFITABILITY FOR EXISTING 26 FLEETS, TO GENERATE ATTRACTIVE CASH FLOW IN 2018.

‍Petrofac Secures $160 Mln Award From Basra Oil

Wednesday, 13 Dec 2017 04:22am EST

Dec 13 (Reuters) - Petrofac Ltd ::‍PETROFAC SECURES US$160 MILLION AWARD FROM BASRA OIL COMPANY​.CONTRACT FOR BASRA'S IRAQ CRUDE OIL EXPORT EXPANSION PROJECT.

Oman's Galfar Awarded $15 MLN Subcontract by Petrofac E&C Oman

Tuesday, 12 Dec 2017 12:20am EST

Dec 12 (Reuters) - GALFAR ENGINEERING AND CONTRACTING ::AWARDED SUBCONTRACT FOR EPC BUILDING WORKS PACKAGE FOR SALALAH LPG PROJECT OF SALALAH SFZCO LPG BY PETROFAC E&C OMAN FOR ABOUT $15 MILLION.COMPLETION PERIOD OF SUBCONTRACT WORK IS 17 MONTHS.

TSC Group Holdings Received Termination Letter From Purchaser Of NHR Plant In Houston USA

Monday, 11 Dec 2017 07:51am EST

Dec 11 (Reuters) - TSC Group Holdings Ltd <0206.HK>::‍GROUP HAS RECEIVED A TERMINATION LETTER FROM PURCHASER OF NHR PLANT IN HOUSTON USA AND CONTRACT WAS ACCORDINGLY TERMINATED​.

Subsea 7 wins "substantial" Aker BP gas field contract

Monday, 11 Dec 2017 05:04am EST

Dec 11 (Reuters) - Subsea 7 Sa ::SUBSEA 7 AWARDED CONTRACT OFFSHORE NORWAY.‍AWARD OF A SUBSTANTIAL CONTRACT FROM AKER BP ON BEHALF OF SKARV UNIT FOR ÆRFUGL(PREVIOUSLY KNOWN AS SNADD) GAS FIELD DEVELOPMENT​.‍CONTRACT INCLUDES AN OPTION FOR ÆRFUGL PHASE 2 SCOPE, WHICH MAY BE EXERCISED BY AKER BP IN FUTURE.​.‍SUBSEA 7 DEFINES A SUBSTANTIAL CONTRACT AS BEING BETWEEN USD 150 MILLION AND USD 300 MILLION​.‍THIS EPCI CONTRACT IS A LONG-DISTANCE TIE-BACK INVOLVING APPLICATION OF SUBSEA 7'S ELECTRICALLY HEAT TRACED FLOWLINE (EHTF) TECHNOLOGY FOR 21 KM TIE-BACK TO SKARV FPSO​.‍PROJECT MANAGEMENT AND ENGINEERING WILL COMMENCE IMMEDIATELY AT SUBSEA 7'S OFFICES IN STAVANGER, NORWAY​.‍FABRICATION OF EHTF SYSTEM WILL TAKE PLACE AT SUBSEA 7'S SPOOLBASE AT VIGRA, NORWAY AND OFFSHORE OPERATIONS WILL TAKE PLACE IN 2019 AND 2020​.‍THIS IS A CONSIDERABLE EPCI CONTRACT WHICH IS OF SIGNIFICANT IMPORTANCE FOR SUBSEA 7​.

Polarcus Secures Funding For 3D Broadband Project In Australia

Friday, 8 Dec 2017 01:23am EST

Dec 8 (Reuters) - Polarcus Ltd ::REG-POLARCUS SECURES FUNDING FOR 3D BROADBAND PROJECT IN AUSTRALIA.REG-POLARCUS SECURES FUNDING FOR 3D BROADBAND PROJECT IN AUSTRALIA.‍PROJECT IS DUE TO COMMENCE IN Q4 2017 AND WILL RUN FOR APPROXIMATELY FOUR WEEKS. AS A RESULT OF THIS TIMING, PREVIOUSLY ANNOUNCED AUSTRALIAN PROJECTS WILL COMMENCE IN 2018 EXTENDING POLARCUS AUSTRALIAN CAMPAIGN INTO Q2 2018.​.

SBM Offshore Awarded Contract For Statoil's Johan Castberg Turret Mooring System

Wednesday, 6 Dec 2017 11:50am EST

Dec 6 (Reuters) - Sbm Offshore Nv ::SBM OFFSHORE AWARDED TURNKEY CONTRACT FOR STATOIL'S JOHAN CASTBERG TURRET MOORING SYSTEM.TURRET IS PLANNED TO BE DELIVERED IN MODULES IN EARLY 2020.

Fugro Wins Ørsted Contracts For Site Investigations

Friday, 1 Dec 2017 04:08am EST

Dec 1 (Reuters) - FUGRO NV ::WINS ØRSTED CONTRACTS FOR SITE INVESTIGATIONS AT TWO LARGE-SCALE U.S. OFFSHORE WIND PROJECTS‍​.‍SITE INVESTIGATIONS ARE DUE TO COMMENCE AT END OF NOVEMBER AND ARE EXPECTED TO CONTINUE FOR THREE MONTHS​.

Serba Dinamik says Unit Secures Contracts From Greenearth Landmark Worth 385 Mln RGT‍​

Wednesday, 29 Nov 2017 12:20am EST

Nov 29 (Reuters) - Serba Dinamik Holdings Bhd ::UNIT SECURES 3 EPCC CONTRACTS AND ONE NEW OPERATION AND MAINTENANCE CONTRACTS FROM GREENEARTH LANDMARK WORTH 385 MILLION RGT‍​.

Clearstream announces three new contract awards

Monday, 20 Nov 2017 07:00am EST

Nov 20 (Reuters) - Clearstream Energy Services Inc :Clearstream announces three new contract awards.Clearstream Energy Services Inc - ‍three new contracts are expected to generate $90 million in new backlog and $40 million of new revenue for co in 2018​.Clearstream Energy Services Inc - ‍ new contracts include a three year operational workforce management contract with a oilsands producer.Clearstream Energy Services Inc - ‍new contracts include a two-year pipeline logistics and inspection contract expected to commence in early 2018​.

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