Contracts & Agreements

TechnipFMC Awarded Significant Subsea Contracts for the Reliance MJ1 Field in India

July 1, 2019 LONDON, PARIS & HOUSTON–(BUSINESS WIRE)– TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded significant(1) subsea contracts by Reliance Industries Limited for the MJ1 field located in deep water offshore India in the Krishna Godavari basin. These contracts cover the fabrication and installation of flexible risers, rigid and flexible flowlines and umbilicals. Arnaud Pieton, President Subsea at TechnipFMC, commented: “We

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Awarding sand screen services contracts worth one billion NOK

 June 26, 2019 11:29 CEST The Troll field in the North Sea has a widespread use of sand screens. (Photo: Harald Pettersen / Equinor ASA) Equinor has signed three-year contracts with Tendeka AS and Baker Hughes Norge AS for providing sand screen services at a total value of around NOK one billion, including options for five two-year extensions. The contract awards

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McDermott wins significant Saudi Aramco contract

25 June, 2019 US engineering, procurement and construction (EPC) contractor McDermott has won a large contract with Saudi Aramco for two oil and gas fields off Saudi Arabia. The deal, worth between US$49m and US$250m, is for engineering, construction and installation services in the Marjan and Zuluf fields. McDermott will fabricate new control rooms, boat landings and new jacket members

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TechnipFMC lands subsea contract for the Lapa field in Brazil

09 April, 2019 UK-based oil and gas contractor TechnipFMC has been awarded a significant deal for the Lapa pre-salt field in Brazil. The Lapa Field Consortium, comprising of Total (35%), Shell Brasil Petróleo Ltda (30%), Repsol Sinopec Brasil SA (25%) and Petróleo Brasileiro SA – Petrobras (10%), awarded the contract. Included in the contract is the supply of flexible pipelines

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ADNOC Refining Awards Design Contract for New Refinery in Ruwais

Abu Dhabi, UAE – February 21, 2019: ADNOC Refining today took a step closer to building the world’s largest integrated refining and petrochemicals complex, in Ruwais, when it awarded a Pre-Front End Engineering and Designing (Pre-FEED) contract to the Wood Group, a global leader in engineering, project and technical services, for the new refinery in Ruwais. The contract award is

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McDermott lands two Malaysia gas field contracts

21 February, 2019 Global engineering, procurement, construction and installation company McDermott has won two contracts for work on the Pan Malaysia field development located offshore Sarawak, Malaysia. One contract, awarded by Sarawak Shell Berhad, includes the transportation and installation of jackets, topsides and pipelines for the Gorek gas field. The other contract for Sapura Exploration includes the transportation and installation of jackets,

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Wood awarded EPCI contract in Norway by Equinor

20 February, 2019 EIC member company Wood has secured a £10m contract with Equinor to deliver engineering, procurement, construction and installation (EPCI) services to the Vigdis boosting station increased oil recovery project. Wood will provide topside modifications to enable the tie-in of subsea equipment to offshore platforms Snorre A and Snorre B, which process oil from the Vigdis subsea field,

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Equinor signs a three-year contract extension with Capgemini

Equinor signs a three-year contract extension with Capgemini to help optimize its operations and accelerate the pace of its global digital transformation February 18, 2019 Author:Moore, Michele Norwegian energy giant strengthens its strategic partnership with Capgemini for application development and management in multi-million Euro contract Paris and Oslo, February 18, 2019 – Capgemini has signed a three-year, multi-million Euro contract extension with Equinor,

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Further multi-million-pound AICDs contract to boost oil recovery in Middle East

January 10, 2019 Independent global completions service company Tendeka has secured a further multi-million-pound contract with a major national oil company in the Middle East. The agreement will see Tendeka provide reservoir modelling and the installation of itsFloSure Autonomous Inflow Control Devices (AICDs) to boost production and improve reservoir performance in several mature fields. Tendeka will perform reservoir simulations for

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Petrofac secures engineering design services contract in Brunei

10 January 2019 Petrofac, as technical service provider, and its partner Serikandi Oilfield and Services Sdn Bhd, have secured a multi-annual Engineering Design Services contract to support Brunei Shell Petroleum (BSP) and Brunei LNG (BLNG) in Brunei. BSP has been established in Brunei for almost 90 years, with activity primarily focused on exploration and production of crude oil and natural

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Aker Solutions Awarded Northern Lights Contract

January 7, 2019 Aker Solutions has secured its first contract on Northern Lights, a carbon capture and storage (CCS) project initiated by Equinor with partners Shell and Total. The aim is to develop the world’s first storage facility capable of receiving CO2 from various industrial sources. The Northern Lights project consists of a CO2 receiving terminal, an offshore pipeline, injection

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Transocean lands US$830m drilling contract for ultra-deepwater project

02 January, 2019 Swiss offshore drilling contractor Transocean Ltd has signed a rig design and construction management contract with Chevron worth US$830m (£653m). The rig, located in the Gulf of Mexico, will be the first ultra-deepwater floater rated for 20,000 pounds per square inch (psi) operations and is scheduled to come online in the second half of 2021. Chevron also

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Transocean Ltd. Announces 5-Year $830 Million USD Drilling Contract for Newbuild Ultra-Deepwater Drillship

STEINHAUSEN, Switzerland, Dec. 28, 2018 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) announced today that it has signed a rig design and construction management contract, as well as a five-year drilling contract, with Chevron USA, Inc. (“Chevron”) for one of its two dynamically positioned ultra-deepwater drillships (“the drillship”) currently under construction at the Jurong shipyard in Singapore. The drilling contract

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Halliburton Awarded Drilling Contract from ENI

HOUSTON – December 26, 2018 – Halliburton Company (NYSE:HAL) today announced it has signed two contracts with Eni Iraq BV (Eni) to provide integrated drilling services at Eni’s Zubair Oil Field in Southern Iraq. Under the contracts, Halliburton will mobilize four to six rigs to drill development wells over the next two years. “We are pleased to be awarded this

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TechnipFMC awarded a significant contract for the expansion of Neste’s renewable products facility in Singapore

December 20, 2018 LONDON & PARIS & HOUSTON–(BUSINESS WIRE)– TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a significant(1) Engineering, Procurement support and Construction management services contract by Neste for the expansion of their renewable products refinery in Singapore. This project will increase the overall Neste Singapore Refinery renewable products production by up to 1.3 million tons per year and

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PGNiG: another long-term contract for the American LNG signed

19.12.2018 Polish Oil and Gas Company and the American company Port Arthur LNG, a subsidiary of Sempra Energy, have signed a 20-year contract for the sales and purchase of liquefied natural gas. On the basis of the concluded agreement, PGNiG will buy annually 2 million tonnes of LNG (approximately 2.7 bcm after regasification). The purchases will commence in 2023 from

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KBR to Support the Government of Papua New Guinea

HOUSTON – (November 26, 2018) – KBR, Inc. (NYSE: KBR) announced today it has been awarded a contract by Papua New Guinea’s Department of Petroleum to provide ongoing consulting, advisory and engineering services in relation to multiple new and existing energy and resource developments located across Papua New Guinea, including upstream, LNG and downstream sectors. Under the terms of the

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ADNOC Signs New Long Term LPG Sales Contract with Wanhua Chemical Group

10 November, 2018 Shanghai, China – 10 November, 2018: The Abu Dhabi National Oil Company (ADNOC) announced, today, it has concluded a new long-term Liquefied Petroleum Gas (LPG) sales agreement with Wanhua Chemical Group of China. Under the terms of the 10-year contract, Wanhua will purchase up to 1 million metric tonnes of LPG per annum. The agreement, which was

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SeaBird Exploration: Contract update

8 November 2018, Limassol, Cyprus SeaBird Exploration has received another 30 day extension for the Osprey Explorer, currently working on an OBN survey in the US Gulf of Mexico that was announced on 25 June 2018 and commenced in late August. The extension is in accordance with the contract and brings the firm period of the contract to a total

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Weatherford Awarded Drillpipe Riser Contract with Petrobras

07 Nov 2018 BAAR, Switzerland, Nov. 7, 2018 /PRNewswire/ — Weatherford International plc(NYSE: WFT) (the “Company” or “Weatherford”) today announced it has been awarded a four-year contract with a one-year optional extension to provide drillpipe riser (DPR) intervention systems and services for Petróleo Brasileiro S.A. (“Petrobras”) in Brazil. This contract is expected to yield approximately $80 million in revenue during the initial

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