EMGS awarded Shetland survey by TOTAL and DONG
2010.10.06 -
Contracts
Electromagnetic Geoservices ASA today signed a contract worth approximately USD 1.5 million with Total E&P UK Ltd and DONG Energy to acquire 3D electromagnetic (EM) data in the West of Shetland area on the UK Continental Shelf. Total has established a significant portfolio of exploration and development interests in this area and the 3D EM data acquired by EMGS will be used to de-risk a hydrocarbon prospect.
The 3D EM survey has already started using EMGS's mobile acquisition set deployed from the vessel Siem Mollie, thereby extending the charter on this vessel from 1 to 21 October.
Roar Bekker, EMGS chief executive officer, commented: "We are delighted to continue our relationship with Total. The new direct contract award follows a successful 3D EM survey in 2009. The previous survey evaluated its mature North Sea Frigg field to facilitate decommissioning decisions. The two contracts demonstrate the value, which companies such as Total recognise, that EMGS can deliver across the exploration and production life cycle."
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.
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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.
