DOF Bags 4 Long Term Charter Contracts with Petrobras
2010.08.03 -
Contracts

Norskan Offshore in Brazil, a subsidiary of DOF ASA has been awarded four 8 years contracts with Petrobras for large AHTS vessels. Two of the charter contracts are for newbuildings nos 26 and 27 at STX Promar in Brazil. Norskan is in final negotiation with STX Promar for two newbuilding contracts to serve the other two charter contracts awarded. Expected commencement for the charter contracts will be in the period from 2011 to 2013. The four contracts represent a gross revenue of approx. NOK 5,2 billion.
DOF CEO Mons Aase comments:
“We are pleased to state that these four contracts represent the highest contract value the DOF group ever has been awarded from one client. The contracts are an important step to continue the DOF group’s growth plans in Brazil, both in increasing the fleet and organization in this region”.
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.