AGR Drilling Secures Gorgon Project Contract
2010.06.22 -
Contracts
AGR Group (OSE: AGR) announced today that its wholly owned subsidiary, AGR Drilling Services Pty Ltd (“AGR DS”), has today signed a contract with Van Oord Australia Pty Ltd (“Van Oord”) whereby AGR DS will provide excavation services to the Gorgon Project. Under the contract AGR DS will provide UK sister company AGR Subsea Ltd’s well-proven ClayCutter X™ and SeaVator™ seabed excavation service lines on the Jansz Scarp, a steep subsea escarpment off the NW Australian coast.
The work, to be executed under the contract with Van Oord, will utilise the ClayCutter X™ as the primary excavation tool on the escarpment. The excavation will allow the pipeline to be laid in a more direct route to shore, presenting a substantial cost saving to the Gorgon Project. The AGR DS workscope is estimated to have a value of AUD 7 million and is expected to be completed in early 2011.
John Sands, AGR Subsea Ltd’s Managing Director, said: “We are delighted to exploit the proven ClayCutter X™ equipment on this challenging project. Although the system gave exemplary performance in the Ormen Lange field we have made a number of improvements to deployment and positioning of the tools to meet the specific requirements of the Jansz Scarp excavation. The revised system will be able to cope with substantial changes in seabed height and inclination without any interruption in excavation activities”.
Cameron (NYSE: CAM) has signed a three-year worldwide preferred supplier agreement with Schlumberger Integrated Project Management (IPM) for the supply of a wide range of flow equipment products and services. As part of the agreement, Cameron will provide Schlumberger IPM with all surface, subsea, drilling, measurement, compression and downstream equipment on a worldwide basis.
ClampOn has been awarded a contract for delivery of five subsea ClampOn DSP Leak Monitors to the Tampen Link project in the Norwegian sector in the North Sea (Sept 07). ClampOn will supply its ultrasonic non-intrusive acoustic Leak Monitors to Technip Norge AS on behalf of Statoil. The Leak Monitors will be retrofitted on two 20” gas valves on the seabed to verify/disprove through-valve gas leakage. These valves are currently open and they will be shut to close off the bypass alternative.
Helix Energy Solutions (NYSE: HLX) announced today that it has received a Letter of Intent ("LOI") for the installation of the subsea infrastructure for the VIC/P44 Stage 2 Development project in the Otway Basin offshore Australia. Participants in the VIC/P44 permit are Santos Limited (Operator) 50%, Peedamullah Petroleum Pty Ltd (Australian Worldwide Exploration) 25% and Mitsui E&P Australia Pty Ltd. 25%.
Velosi Limited Velosi or the Group, a provider of asset integrity and HSE services to a number of major national and multinational oil and gas companies, is pleased to announce that it has been re-awarded a contract from Mobil Producing Nigeria, for the next three years with an option to extend for a further one year.
Fugro has been awarded a contract to perform a detailed marine survey in the Mediterranean Sea to select the best route for the GALSI gas pipeline from Algeria to Southern Sardinia and then from Northern Sardinia to the mainland of Italy. The contract value is approximately EUR 18 million.
