Oceaneering to deliver subsea BOP control system to Frontier Drilling
2008.05.04 -
Contracts
Oceaneering International, Inc. (NYSE:OII) announced it has been awarded a contract valued at over $14 million by Frontier Drilling USA to deliver a new generation, subsea blowout preventer (BOP) control system.
This electro-hydraulic, microprocessor-based control and data acquisition system will be manufactured at Oceaneering Intervention Engineering’s facility in Houston for installation onboard the Bully 2 drillship. This drillship is a sixth-generation drilling rig being built to operate in deepwater, to 12,000 feet, and arctic conditions. The Bully 2 has a scheduled delivery date in the second quarter of 2010.
Oceaneering previously secured the BOP control system order for the Bully 1, which is planned for delivery in the fourth quarter of 2009. The Bully drillships are owned by a joint venture between Shell EP Offshore Ventures Ltd. and Frontier Drillships Ltd. and are contracted to work worldwide for Shell.
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.
