SBM Offshore with three new contract awards
2008.07.18 -
Contracts
SBM Offshore N.V. is pleased to announce the following contract awards:
1. BP Angola FPSO
A call off frame contract has been obtained from BP Angola in support of a development programme offshore Angola. The initial contract call off has been signed for early engineering and fabrication works to support enhanced local fabrication capability in the region.
Subject to Project Sanction, the call off for the first FPSO will be issued the 2nd half of 2009. Subsequent FPSOs may be called off subject to future projects sanction.
Further contract details will follow in due course.
2. Total Angola PAZFLOR Offloading System
A consortium of SBM Offshore and APL (part of BW Offshore) has been awarded a Letter of Award by Total E&P Angola for the Engineering, Procurement, Supply, Construction and Installation (EPSCI) of the Oil Loading System on the PAZFLOR project.
The SBM Offshore scope of work consists of:
- Engineering, Procurement and Supply of the (2) Oil Offloading Lines, to be based on the TrellineTM, a large diameter reinforced bonded rubber hose, which will be suspended between the FPSO and the deep water CALM buoy;
- Offshore installation of the complete Oil Loading System.
3. Cranes and Jacking Systems for Windmill Installation Vessels
An order has been received from Resolution Shipping Ltd (Cyprus), a subsidiary of Vroon Group, for the supply of two 1,000 ton cranes and two jacking systems, with a total jacking capacity of 22,500 tons each, for two wind turbine installation jack-up vessels (SBM Offshore design).
The combined portfolio value of the orders mentioned under 2 and 3 above represent approximately 230 million US Dollars.
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.
