Fugro announces new contract in Brazil
2011.04.05 -
Contracts
Fugro has been awarded another long-term saturation diving contract by Otto Candies for Petrobras. Following successful partnership for the first Otto Candies’ Diving Support Vessel (DSV), which is currently under mobilisation, the award refers to the second DSV, named Wyatt Candies. Otto Candies is providing the DSV and the contract will be managed co-jointly. The tri-partite contract has a value for Fugro of approximately USD 100 million, involving ROV and diving services. The contract has a five year duration with an additional five year option, with operations expected to commence by early 2012.
Furthermore Fugro has signed a contract amendment for the ongoing Toisa Sentinel contract, managed in partnership with Sealion Shipping. As a result, Toisa Sentinel was replaced by Toisa Pegasus, and an additional three years period has been secured, generating a firm backlog of approximately USD 80 million for Fugro until the end of 2014.
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.
