EMGS awarded campaign in Norway by Rocksource
2010.02.12 -
Contracts
Electromagnetic Geoservices ASA (EMGS) has today signed a contract worth in excess of USD 7 million with Rocksource to provide data acquisition services for a number of areas on the Norwegian continental shelf, ahead of Norway's 21st and APA 2010 exploration licensing rounds. It is expected that the revenues will be recognised in the first half of 2010.
Roar Bekker, EMGS chief executive officer, commented: "We are delighted to yet again be given the opportunity to provide services in support of Rocksource's EM-based exploration and the company's position as a leader in the application of EM technology."
The surveys will be performed using the purpose-built vessel BOA Thalassa and will start immediately after completion of the ongoing joint Fugro - EMGS multi-client project in the Norwegian Sea, which was announced in mid-January.
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.
