June 2017
News & Resources

Companies in the News

Edison Chouest Offshore (ECO) has signed a five-year contract with Shell Brazil for light subsea construction and inspection, maintenance and repair (IMR) services.
Emily Querubin / World Oil

Edison Chouest Offshore (ECO) has signed a five-year contract with Shell Brazil for light subsea construction and inspection, maintenance and repair (IMR) services. Services will be carried out using the M/V Island Enforcer, a 402-ft subsea installation and construction vessel. Under terms of the agreement, ECO will provide installation, commissioning, inspection, subsea intervention, surveys, testing, bunkering support and material transport. Additionally, the agreement includes several projects featuring vessel services from ECO affiliate Bram Offshore, as well as ROV and survey services from C-Innovation. Photo: Edison Chouest Offshore.

Total has started production at its Badamyar project, situated nearly 137 mi south of Yangon, offshore Myanmar. According to Total—which operates the project with a 31.2% interest—it was completed on schedule and 20% under budget. The project included the installation of a new wellhead platform, connected to the Yadana production facilities, and the drilling of four horizontal wells to develop Badamyar gas field as an outpost of Yadana. The project reportedly will enable an extension of Yadana gas field’s 8 Bcm/year production plateau beyond 2020.

Tenaris and TechnipFMC are working together to deliver offshore line pipe solutions for Total’s Moho Nord UFR project, which sits about 46 mi offshore the Congo. Tenaris has provided TechnipFMC with solutions including rigid flowlines, jumpers and spools, bending solutions, taper joints and buckle arrestors, as well as coating systems with the support of a coating sub-supplier. The deepwater project production rate is anticipated to reach 100,000 bopd, which reportedly makes it the largest oil project ever undertaken in the Congo. Moho Nord field is developed through 34 wells that are tied back to a new TLP and FPSO. Photo: TechnipFMC.

Royale Energy has signed a drilling contract for three additional wells at Rio Vista field, situated in California’s Sacramento basin. The CRC 8-3, CRC 8-4 and CRC 8-5 wells are reportedly being drilled under the company’s JV agreement covering Rio Vista field—the largest natural gas field in California, which has produced more than 3.5 Tcf of gas since 1936. Royale and its partner have identified multiple prospective areas in the field’s Martinez, McCormick and Capay formations. Drilling operations were reportedly to begin by the end of May.

DNO ASA has acquired Origo Exploration Holdings, confirming the company’s re-entry into Norway following a six-year recess. DNO now holds stakes in 11 exploration and appraisal licenses in the North Sea, seven of which are found on the Norwegian Continental Shelf and four of which are on the UK Continental Shelf. As part of the acquisition agreement, DNO will assume all of Origo’s drilling commitments and license obligations, with an effective date of March 31, 2017. DNO also will retain the company’s management, staff and headquarters in Stavanger, Norway. However, the company reportedly will be rebranded as DNO Norge AS.

Proserv has secured three new contracts for decommissioning work in the Norwegian North Sea. The contracts are reportedly worth a combined value of more than $2.5 million. The scope of work includes the supply of abrasive cutting, diamond wire cutting, grout removal and dredging services. According to Proserv, the cutting technology solutions utilized can save hours in well severance and plugging. Photo: Proserv.

Saipem has secured an EPCI contract for the SURF package of the proposed Liza project, operated by Esso Exploration and Production Guyana Limited, an affiliate of Exxon Mobil. Liza field, which is approximately 120 mi offshore Guyana, is a subsea development with a recoverable resource estimate of more than 1 Bboe. Under terms of the contract, Saipem will provide engineering, procurement, construction and installation of the risers and flowlines, as well as associated structures and jumpers. Additionally, the contract includes transportation and installation of umbilicals, manifolds, and associated foundations for the production, water and gas injection systems. Work will be carried out using Saipem’s flagship vessels, FDS2 and the Normand Maximus. Work should begin in 2019.

Wood Group has been awarded a framework agreement to provide study engineering for North Caspian Operating Company’s (NCOC) Kazakhstan assets. The contract reportedly extend’s Wood Group’s support of NCOC, and will see delivery of the concept and pre-FEED for the Kalamkas-Khazar co-development project. Additionally, it holds a multi-year engineering, procurement and construction contract in support of Kashagan operations, which is through its JV PSN KazStroy JSC.

Fluor Corporation has been awarded an offshore compression platform FEED contract by BP. The contract will see Fluor perform FEED for the Cassia Compression Project, off the east coast of Trinidad and Tobago. The scope of work includes the design of a new offshore gas compression platform, a new connecting bridge, and modifications to the existing Cassia hub. The platform will compress all gas produced from the existing Cassia platforms. According to Fluor, an integrated solution model will be used to support the project. Work is expected to be complete this year, with first gas anticipated in 2020.

InterMoor has added rig-less well abandonment to the decommissioning services that it offers. Through unification of its former sister company’s abillites, InterMoor UK can now help clients plan and execute turnkey, suspended well decommissioning campaigns. According to the company, this includes vessel charter and project management of all onshore and offshore operations, from the initial review of well schematics to the production of end-of-well reports. The company reportedly plans to merge its long-standing capabilities with the expertise of its marine staff, adding significant value to the services offered to its customers.

Tiger Offshore Rentals has acquired Comea Imprianti Industriali’s entire fleet of DNV-certified offshore cargo carrying units (CCU) in Italy. The acquisition significantly expands the company’s position as an offshore rental provider in the Mediterranean, North African and Southern European regions. Concurrent to the acquisition, the companies reportedly have entered into an agreement that will allow Comea to re-rent Tiger’s full line of DNV-certified CCUs, offshore baskets, containers, skips, cuttings boxes, tanks and carriers.

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Emily Querubin
World Oil
Emily Querubin Emily.Querubin@worldoil.com
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