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Oil Related Services and Equipment

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Gulf Island Announces Contract Award From St. Lawrence Seaway Development Corp

Wednesday, 20 Dec 2017 11:30am EST

Dec 20 (Reuters) - Gulf Island Fabrication Inc ::GULF ISLAND FABRICATION - THROUGH UNIT GULF ISLAND SHIPYARDS, HAS BEEN AWARDED CONTRACT FROM SAINT LAWRENCE SEAWAY DEVELOPMENT CORPORATION.GULF ISLAND FABRICATION - CONTRACT DELIVERY IS EXPECTED IN SPRING TO SUMMER OF 2019.

Fugro Wins A Second Major Contract From The Norwegian Public Roads Administration

Wednesday, 20 Dec 2017 05:45am EST

Dec 20 (Reuters) - FUGRO NV ::WINS A SECOND MAJOR CONTRACT FROM THE NORWEGIAN PUBLIC ROADS ADMINISTRATION.ESTIMATED REQUIRED INVESTMENT OF APPROXIMATELY NOK 340 BILLION.WORK ON E39 COASTAL HIGHWAY WILL INVOLVE A 1,100-KILOMETRE-STRETCH FROM KRISTIANSAND IN SOUTH TO TRONDHEIM IN CENTRAL NORWAY.

Tecnicas Reunidas Wins Deal In Azerbaijan Worth $800 Mln‍​

Wednesday, 20 Dec 2017 01:58am EST

Dec 20 (Reuters) - Tecnicas Reunidas ::STATE OIL COMPANY OF AZERBAIJAN REPUBLIC (SOCAR) AWARDS TECNICAS NEW PROJECT AT HEYDAR ALIYEV OIL REFINERY IN BAKU, AZERBAIJAN WORTH $800 MLN‍​.THE PROJECT WILL BE COMPLETED IN 38 MONTHS.

GC Rieber Shipping: Nexans Extends Charter For Polar King

Monday, 18 Dec 2017 01:52am EST

Dec 18 (Reuters) - Gc Rieber Shipping ASA ::REG-GC RIEBER SHIPPING - NEXANS EXTENDS THE CHARTER FOR POLAR KING.‍GC RIEBER SHIPPING AND NEXANS HAVE AGREED TO EXTEND FIRM PERIOD OF CHARTER WITH 11 MONTHS​.

Worleyparsons Gets ‍Awarded A Service Contract By Trans Mountain Pipeline L.P.

Sunday, 17 Dec 2017 04:22pm EST

Dec 18 (Reuters) - Worleyparsons Ltd ::‍AWARD OF A SERVICE CONTRACT BY TRANS MOUNTAIN PIPELINE L.P. IN CANADA​.

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​.

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