AGR Subsea signed a contract for Riserless Mud Recovery
2009.06.29 -
Contracts
There's more to this concept than the name might indicate. Drilling without risers is not just an efficient way to make the top hole when seabed conditions complicate this initial phase of exploration drilling.
Just as unique, in an exploration drilling context is the system which allows the operator to collect used drilling fluid and cuttings from the seabed and pump them back to the rig. This enables engineered fluids to be used as there are no discharges to sea. This also enables precise volume control to be implemented on the topholes. Combined, this will impact well construction.
The duration of the contracts is three years with options to extend contract for two periods of one year each. The agreement also includes option of extending the contract to cover other drilling unit(s).
Tom Hasler, Executive Vice President at AGR Drilling Services Holdings AS says; ”Not only does the Aker Exploration / AGR Drilling Services contract represent a significant commitment between the respective parties, but it reflects the underlying value and quality of our services and the Riserless Mud Recovery technology”
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.
