RXT to perform survey for Petrobras offshore Brazil
2008.06.03 -
Contracts
The multi-component seismic company Reservoir Exploration Technology ASA (RXT) has received an award with Petroleo Brasileiro S.A for a contract offshore Brazil. Based on a tendered contract value of USD 210 million, the work represents RXT`s largest ever marine OBC seismic contract and is expected to take approximately 24 months to acquire. Under this contract award, RXT will acquire both 4C and 2C OBC seismic data over several producing fields in the Campos Basin.
`This award underscores PETROBRAS` commitment to the application of high technology for their appraisal and development plans` states Mike Scott, RXT`s President. `RXT is very pleased to be part of PETROBRAS plans, and this contract award illustrates their confidence in RXT`s multi- component seismic acquisition capabilities. It is further confirmation that we are on track with our business strategy to actively deploy our technology in the major oil development and producing regions of the world.` The survey is scheduled to commence in second half of 2008.
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.
