Subsea 7 win Marathon Droshky pipelay fabrication and installation

Subsea 7 win Marathon Droshky pipelay fabrication and installation

Subsea 7 has won the first contract for its new fabrication and spoolbase facility at Port Isabel, Texas. The subsea pipelay fabrication and installation contract has been awarded by Marathon Oil Corporation and is valued at over US$ 45 million. Full text

Contracts

Big subsea win for GE VetcoGray bagging Chevron Gorgon

2008.05.15 - Contracts -

Big subsea win for GE VetcoGray bagging Chevron Gorgon

VetcoGray, a GE Oil & Gas business, has received an award for a frame agreement covering a period of five (5) years to supply subsea equipment and support services for the Gorgon Project. The Gorgon Project includes the subsea development of the Greater Gorgon natural gas fields. Full text

Technip win subsea services frame agreement with Oilexco

2008.05.14 - Contracts -

Technip win subsea services frame agreement with Oilexco

Technip has been awarded by Oilexco North Sea Ltd. a frame agreement for subsea services in the United Kingdom North Sea. Under the terms of this contract, which is potentially worth approximately EUR 190 million, Full text

Deep Down's Flotation Technologies get subsea deepwater buoyancy order

2008.05.11 - Contracts -

Deep Down's Flotation Technologies get subsea deepwater buoyancy order

Deep Down, Inc. (OTCBB: DPDW) today announced that Flotation Technologies, Inc., a world leader in the engineering, design, and manufacturing of deepwater buoyancy and polyurethane elastomer systems, received a contract award for a unique, custom-designed riser buoyancy solution from an international energy company. Full text

Roxar win subsea multiphase meter contract

2008.05.07 - Contracts -

Roxar win subsea multiphase meter contract

Roxar ASA ("ROX") , a leading technology company, today received an LOI for subsea multiphase meters to a major North-American subsea project. The contract value is over NOK 40 million. Delivery will be in the end of 2008 until Q2 in 2009. Full text

ODIM with new subsea and deepwater contract

2008.05.07 - Contracts -

ODIM with new subsea and deepwater contract

A contract worth NOK 74 million covering automated handling equipment has been awarded to ODIM's business segment for Subsea & Deepwater Installation by Norway's Havila Ships AS. ODIM is to supply an active heave compensated crane with a lifting capacity of 150 tonnes. Full text

Mustang Provides Engineering for Peregrino Project Offshore Brazil

2008.05.05 - Contracts -

Mustang Engineering (“Mustang”), a subsidiary of international energy services company John Wood Group PLC (“Wood Group”), is providing engineering and procurement services to Kiewit Offshore Services for the Peregrino field development in the Southern Campos Basin, Block BM-C-007, offshore Brazil. Full text

PGS Awarded the Industry's Largest Ever HD4D Campaign

2008.05.05 - Contracts -

PGS Awarded the Industry's Largest Ever HD4D Campaign

Petroleum Geo-Services ASA ('PGS' or the 'Company') has been awarded by Petroleo Brasileiro S.A. a contract to undertake the largest High Density 4D (HD4D) marine seismic survey campaign ever in the industry, based on a tendered contract value of USD 251 million. Full text

FMC sign 5 year Subsea Xtree GoM agreement with Anadarko

2008.05.05 - Contracts -

FMC sign 5 year Subsea Xtree GoM agreement with Anadarko

FMC Technologies, Inc. (NYSE:FTI) announced today that it has signed a five-year alliance agreement with Anadarko Petroleum Corporation (NYSE:APC) to provide subsea equipment for Anadarko's Gulf of Mexico exploration and production projects. Full text

Oceaneering to deliver subsea BOP control system to Frontier Drilling

2008.05.04 - Contracts -

Oceaneering to deliver subsea BOP control system to Frontier Drilling

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. Full text

Oceaneering get subsea umbilical contract for FMC Pazflor

2008.05.04 - Contracts -

Oceaneering get subsea umbilical contract for FMC Pazflor

Oceaneering International, Inc. (NYSE:OII) announced it recently secured a contract with FMC Kongsberg Subsea AS, a subsidiary of FMC Technologies, Inc. (NYSE: FTI), valued at over $15 million to supply umbilicals for use on Total’s Pazflor project off the coast of Angola. Full text

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