Subsea production system award to Aker Solutions

Aker Solutions has been awarded a job by Statoil for the engineering, procurement and construction of a subsea production system for the Svalin project on the Norwegian continental shelf. The contract value is approximately NOK 400 million. Full text

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Category «Contracts»

Subsea 7 Announces $100m Contract Award for BP in the North Sea

2010.11.04 - Contracts

Subsea 7 Inc. (OSE Symbol: SUB), one of the world's leading subsea engineering and construction companies, announced today that it has been awarded a contract by BP for a two and a half year frame agreement for Life-of-field services in the UK and Norwegian North Sea. The contract is valued in the region of $100 million and has further extension options. This agreement replaces an existing contract that ran to December 2011, under which approximately $27 million of work had yet to be executed.

The Subsea 7 work scope encompasses the provision of dedicated project management, engineering and remotely operated vehicle services for offshore inspection, repair and maintenance activities.  The work is related to BP's subsea oil & gas pipeline and platform structures, primarily in the deepwater West of Shetland area. The offshore scope will be performed exclusively by Subsea 7's pipeline installation and construction vessel, the Subsea Viking.

Subsea 7 has many years of experience and a proven track record of working with BP in the North Sea and in particular the challenging environmental conditions West of Shetland.  

Steph McNeill, Subsea 7's Vice President - UK, commented:

"Subsea 7 has been working with BP in the North Sea for many years and we are pleased that following this award, we will be able to continue providing them with best-in-class project management, engineering expertise and dedicated offshore support.  The award also reflects upon our proven track record of successful and safe project execution, during which the Subsea Viking vessel has built up in excess of nine year's service without any lost time incidents."

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Cameron DPS Signs Preferred Supplier Agreement with Schlumberger

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ClampOn awarded Tampen Link delivery of subsea Leak Monitors

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Helix Receives LOI for Santos Operated Project Offshore Australia

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Velosi secure Nigerian contract

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 wins contract with Galsi to define gas pipeline route from Algeria to Italy

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.