Technip win subsea services frame agreement with Oilexco
2008.05.14 -
Contracts
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 €190 million, Technip will provide these services for the next three years. The contract includes an option for an additional period.
This is the first time Oilexco has implemented a subsea services frame agreement. This will guarantee availability of assets for Oilexco when required, enabling fast track project delivery.
The first project undertaken as part of the frame agreement will be the Shelley field development, located in the central North Sea. For this project, Technip will execute the engineering, installation and commissioning of pipelines, a control umbilical and jumpers, flexible risers, a subsea manifold and attendant flowline.
This award marks a new step in the collaboration between Technip and Oilexco, for whom Technip undertook its first North Sea development, Brenda / Nicol, in 2006.
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.
