Subsea excavation frame agreement to AGR

Subsea excavation frame agreement to AGR

AGR Group today announced that its subsidiary AGR Subsea Ltd has signed a frame agreement with StatoilHydro for worldwide provision of seabed excavation services. AGR Subsea performs excavation projects utilising the ClayCutter X route preparation system. Full text

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Category «Contracts»

Subsea 7 to install flexible pipelines and risers for Shell Draugen

2008.09.03 - Contracts

Subsea 7 Inc (OSE Symbol: SUB), one of the world's leading subsea engineering and construction companies, announced today that it has received a USD 30 million call-off by A/S Norske Shell for installation work at the Draugen field in the Norwegian sector of the Northern North Sea. The project is a call-off under the existing Pan European USC frame agreement held with Shell.

The project is related to Shell's installation of a new type of Tanker Loading System, which will replace an existing tanker loading unit. The Subsea 7 operation will disconnect two 15" flexible risers, then install two new 16" flexible pipelines to connect the subsea infrastructure with a new Subsea Loading System, and associated equipment to complete the Tanker Loading System.

Engineering and project management will commence immediately and be delivered from Subsea 7's Stavanger office in Norway. The offshore phase will be carried out by the company's latest state-of-the-art deepwater Flex / J-lay vessel, the Seven Seas, and an ROV support vessel from the Subsea 7 fleet during 2009.

Tor Espedal, Vice-President Norway for Subsea 7 said, "Shell is an important client for Subsea 7 and we are delighted to assist in installing this new Tanker Loading System. This project builds upon our long-standing relationship with Shell in Norway."

The Draugen field is located in License PL093 in the Haltenbanken area approximately 140 km north of Kristiansund. The partners in the licence are Norske Shell (26.2%), BP (18.36%), Chevron (7.56%) and Petoro (47.88%).




See also:

Cameron DPS Signs Preferred Supplier Agreement with Schlumberger

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 awarded Tampen Link delivery of subsea Leak Monitors

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 Receives LOI for Santos Operated Project Offshore Australia

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 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.