Subsea 7 S.A. has announced the award of a three-year $160 million contract extension by BP Exploration & Production Inc. for light subsea construction, inspection, repair and maintenance services in the US Gulf of Mexico.
The contract will run from the second quarter 2014 to the third quarter 2017. The scope covers the provision of two vessels, including a dedicated vessel on a full-time basis, associated project management and engineering support, ROV-based inspection and intervention, and light construction work.
One of the vessels to be utilized in the contract is a new-build offshore subsea construction vessel while the other is a light construction vessel. Both vessels will be chartered on a long- term basis.
John Evans, Subsea 7′s Chief Operating Officer, said: “We are very pleased to have been awarded this important contract extension and to be able to continue growing our valued relationship with BP. This award highlights our proven track record for safely delivering successful Life-of-Field operations.”
Press Release, May 01, 2014
More than one year prior to delivery Denmark’s Maersk Drilling has signed a contract with a major oil company for the first in a series of four identical ultra deepwater drillships currently under construction.
The contract duration is three years and commencement is expected by end 2013 upon delivery from Samsung Heavy Industries in South Korea and mobilization to the US Gulf of Mexico. The estimated contract value is USD 610 million including mobilization, but excluding cost escalation and performance bonus.
“With the signing of this contract for the first of our four ultra deepwater newbuild drillship we are able to add another USD 610 million to our contract backlog providing a solid basis for our further growth,” says Claus V. Hemmingsen, CEO of Maersk Drilling and member of the Executive Board of the A.P. Moller – Maersk Group. “The US Gulf of Mexico remains a focus area of Maersk Drilling, and we are pleased to enhance our presence in this attractive market. With permitting activity normalizing after the Macondo incident in 2010 and the lease sales in the region, we believe the fundamental demand for our services in this region is in place”.
Maersk Drilling has performed deepwater operations in the US Gulf of Mexico since 2009 with the ultra deepwater semi-submersible MÆRSK DEVELOPER.
Facts about the four newbuild ultra deepwater drillships
In 2011 Maersk Drilling ordered four ultra deepwater drillships at Samsung Heavy Industries in South Korea. The rigs will be delivered in 2013 and 2014. The total investment was USD 2.6 billion.
The design and capacities of the new drillships include features for high efficiency operation. Featuring dual derrick and large subsea work and storage areas, the design allows for efficient well construction and field development activities through offline activities.
With their advanced positioning control system, the ships automatically maintain a fixed position in severe weather conditions with waves of up to 11 metres and wind speeds of up to 26 metres per second.
Special attention has been given to safety onboard the drillships. Equipped with Multi Machine Control (MMC) on the drill floor, the high degree of automation ensures safe operation and consistent performance. Higher transit speeds and increased capacity will reduce the overall logistics costs for oil companies.
- USA: Statoil Extends Maersk Developer Contract for GoM Work (mb50.wordpress.com)
- Strong Demand for UDW Drillships Spurs Seadrill to Order One More from SHI (South Korea) (mb50.wordpress.com)
- Diamond Offshore Orders New Drillship in South Korea (mb50.wordpress.com)
- Pacific Santa Ana Drillship Arrives in U.S. Gulf of Mexico to Work for Chevron (mb50.wordpress.com)
- UK: Nautronix to Supply Acoustic Positioning System for Noble’s New Drillship (mb50.wordpress.com)
- Ensco in $645m drillship buy (mb50.wordpress.com)
- South Korea: Stena Drilling Wins 5 Year Contract for Its Newbuild Stena IceMAX Drillship (mb50.wordpress.com)
- USA: Vantage Drilling Acquires Titanium Explorer Drillship (mb50.wordpress.com)
By John Konrad On April 5, 2012
Need to cut a 30 foot deep trench in the bottom of the ocean floor to run flowlines out to a new production rig?
No problem. Helix Energy Solutions’ new T1200 subsea trenching behemoth is just what you’re looking for.
Looking like a mix between a space ship and an Abrams battle tank, the T1200 is a massive piece of equipment weighing in at over 33 tons (30,000kg) and towering to a height of 12.6ft (3.8m).
While not yet in service, construction of the T1200 trenching and burial unit is one step closer to entering service following testing and installation of its two enormous caterpillar tracks.
The vehicle also got wet for the first time in the manufacturer’s test tank in central England. Still undergoing final fitting, the T1200 is expected to be delivered to Helix ESG this summer and will begin work on board another new asset to Helix ESG’s ROV Support Vessel fleet, the Grand Canyon.
The 1,125hp ROV will use high-powered water jets to cut up to 30 feet into the seafloor and lay power cables, or other tubular products like oil and gas pipelines.
The Grand Canyon is a new build offshore construction vessel that will host a new T1200 jet trencher, two 200HP XLX ROV systems onboard along with two more ROV systems. The Grand Canyon is 125m x 25m and has a 250t crane, monopool, dynamic positioning systems and helideck. Accommodations are for up to 108 personnel and will be deployed for work in Europe’s growing offshore wind farm projects where her ROVs will conduct power cable trenching and burial operations. (Image: Helix ESG)
- T1200 Trenching Unit Nearing Completion in the UK (mb50.wordpress.com)
- Support vessel Grand Canyon being towed to Norway for completion. (mb50.wordpress.com)
- Helix Well Ops UK Completes Well Intervention in West Africa (mb50.wordpress.com)
- McDermott signs agreement for spool base services in Gulf of Mexico (mb50.wordpress.com)
- USA: Helix to Build New Semi-Sub Well Intervention Vessel (mb50.wordpress.com)
- Helix Orders Semi-Sub Well Intervention Rig in Singapore (mb50.wordpress.com)
- USA: Helix’s Oil & Gas Revenues Rise on High Prices and Lift in Production (mb50.wordpress.com)
Swiber Holdings Limited, a world class integrated construction and support services provider to the offshore industry, announced that it has secured another sizeable contract through a local collaboration with Dragados Offshore (“Dragados”), totaling approximately US$273 million for offshore construction work in the Gulf of Mexico.
This latest contract win awarded by an oil major from the Gulf of Mexico, entails offshore construction works for the procurement, transportation, and installation of pipeline in the Gulf of Mexico. Work for this project will commence immediately this year and will carry on into 2013.
Commented Mr. Francis Wong, Group Chief Executive Officer and President of Swiber, “Our strategic collaboration with Dragados enables both companies to provide a consolidated source of expertise and offer turnkey solutions to the offshore oil and gas industry. This puts us in a strong position to bank on the vast opportunities in the Gulf of Mexico region.”
With this third consecutive contract announcement in less than three months of 2012, Swiber’s order backlog continues to strengthen with steady growth.
This has come in quick succession to the recent US$36 million worth of vessel charter contract wins in the Gulf of Mexico and Southeast Asia. Prior to that, the Group has secured a US$216 million contract early last month, for offshore construction projects and vessel chartering services in Southeast Asia and South Asia.
Mr. Wong said, “This is indeed a winning season for us as we continue to secure contracts of larger values, which is a strong reflection of the confidence and trust that major oil companies have on Swiber’s ability in handling complex projects.
“Geographical diversification will remain the cornerstone of our growth path as we further strengthen our foothold in the offshore oil and gas industry in the region. This, coupled with our vessel fleet enhancements carried out in the past few years will enable us to concurrently manage our offshore projects while securing more contract wins.
“We have continued to break into new frontiers – new markets, new customers, new records in terms of size of contracts, revenue and order book. We have a strong order book visibility with offshore projects spread out over the next couple of years. This will clearly give us a solid footing to navigate forward in the exciting offshore oil and gas construction industry.”
Infield Systems has forecasted upstream capex in the Gulf of Mexico to increase by as much as 38% year-on-year in 2012 as operators push forward with development plans and execute offshore projects. Offshore capex is forecasted to increase from $9 billion in 2011 to over $12.5 billion per annum by 2015.
Concluded Mr. Wong, “Tendering activities in the offshore oil and gas industry is gaining traction, with vast opportunities appearing in the Gulf of Mexico. As an internationally recognised, world class company, with proven track record of delivering consistent and superior quality of products and services, Swiber is ready to support the region’s growing offshore exploration and field development market.”
With a slew of new contract wins, key strategies in place, strong order book visibility, and robust opportunities in the Southeast Asia, South Asia, Middle East and Gulf of Mexico regions, Swiber has firmly entrenched its position in the big league and is set to take on bigger ventures and capture fresh and exciting opportunities in the offshore oil and gas arena.
- Gulf of Mexico Records Largest Demand for Specialised Offshore Vessels (mb50.wordpress.com)
- Gulf Locals and Energy Experts Express Concern Over Decreased Gulf of Mexico Offshore Drilling Activity on Jobs, Economy (mb50.wordpress.com)
- USA: Hercules Offshore Secures Contract for Newly Bought Rig (mb50.wordpress.com)
- USA: Deep Down, Bornemann Team up in Gulf of Mexico Subsea (mb50.wordpress.com)
- USA: Keppel to Turn Ocean Voyager into Ocean Onyx (mb50.wordpress.com)
- First oil from the Caesar Tonga field in the Gulf of Mexico (mb50.wordpress.com)
- USA: Cal Dive Wins USD 25 Million Offshore Decommissioning Contract (mb50.wordpress.com)
- Hercules sees more rigs in GOM (mb50.wordpress.com)
HOUSTON – McDermott International, Inc. says it has signed a 10-year frame agreement with Helix Subsea Construction, Inc. for spool base services in the Gulf of Mexico.
“This agreement allows McDermott, when contracting with Helix, to offer full-service, shore-based pipeline stalking and spooling services from Helix’s premier 120-acre Gulf of Mexico spool base at Ingleside, Texas, to pursue deepwater and ultra-deepwater installation projects,” explained Stephen M. Johnson, chairman of the board, president and CEO, McDermott.
“By combining Helix’s established spool base services with McDermott’s state-of-the-art welding technology to support our newest subsea construction vessels and expanding subsea engineering resources, we can further offer full-service engineering, procurement, construction and installation for deepwater and ultra-deepwater subsea projects for Gulf of Mexico and Atlantic customers.”
Through the cooperation agreement, McDermott would fabricate the required mile-long stalks at Ingleside, and employ its own in-house automatic welding equipment, technology and technicians. The company says that these facilities and personnel will enable it to meet the stringent welding criteria required for deepwater subsea pipelines. The spool base is also designed for fabrication of pipeline end terminations, pipeline end manifolds, subsea manifolds and jumpers.
McDermott’s subsea construction vessels North Ocean 102 (“NO102”) and new-build lay vessel North Ocean 105 (“LV105”), due to be completed later this summer, both have reel-lay capabilities. LV105 is designed to lay both flexible and rigid pipe up to 16-in. diameter, with tension and hang-off clamp capacities of 440 tons and 550 tons, respectively. NO102 offers flexible and umbilical installation and is equipped with a 330-ton low squeeze pressure single tensioner and high capacity carousel.
McDermott says it will employ strict welding procedures, advanced welding technology and technical experts to meet or exceed client welding criteria for deepwater subsea pipelines, from the Ingleside-based spool facility. Photo courtesy of Helix Subsea Construction, Inc.
- USA: Deep Down Inc. Receives Subsea Equipment Orders (mb50.wordpress.com)
- Ichthys: The Largest Subsea Gig for McDermott (Australia) (mb50.wordpress.com)
- Gulf of Mexico Records Largest Demand for Specialised Offshore Vessels (mb50.wordpress.com)
- USA: Cal Dive Wins USD 25 Million Offshore Decommissioning Contract (mb50.wordpress.com)
The 4-year frame agreement with 2 x 1 year options includes services for light construction, ROV survey with MultiBeam Echosounder (MBE), ROV survey w/o MBE, acoustic survey, acoustic survey with ROTV, acoustic survey with AUV and acoustic survey with TowFish.
Statoil has also awarded DOF Subsea Norway the first Call-Off for light construction work on the Norwegian Continental Shelf. The minimum 6 month + 6 x 1 month option project will commence 1st March 2012 and will be executed from the survey/IMR vessel Geosund with onshore project support from our office in Bergen.
The Geosund is a modern high specification, multipurpose support vessel, capable of undertaking operations worldwide. Ideally suited to deepwater ROV, construction support, IRM and survey operations, the vessel has 720 m² of free deck and a large 7.1 m x 6 m moonpool. Operating capabilities include a 90 t AHC offshore crane and two in built 4,000 msw depth rated Schilling UHD work class ROVs. Optional equipment includes air and saturation diving systems, as well as additional ROVs, AUV and remote system tooling.
- DOF Subsea Norway Grabs Several Important Contracts for Geosund Vessel
- Russia: DOF Subsea to Perform Geotechnical Survey for Shtokman Development AG
- Technip Picks Reef Subsea for Subsea Construction Works in North Sea and North Atlantic (Norway)
- UK: DOF Subsea Secures North Sea Contract With Technip
- USA: BP Awards Subsea 7 Life-of-Field Contract in Gulf of Mexico
- Norway: Subsea 7 Charters Island Intervention Vessel (mb50.wordpress.com)
- DOF Subsea’s Skandi Singapore Bags Gig Offshore New Zealand (mb50.wordpress.com)
- UK: Reef Subsea Enters Charter Deal for Two Neptune Offshore’s Vessels (mb50.wordpress.com)
- Statoil: Riserless light well intervention (mb50.wordpress.com)
- Shell Awards Subsea 7 with Two Gulf of Mexico Contracts (mb50.wordpress.com)
- UK: Aker Solutions to Supply Subsea Modules for Western Isles Project (mb50.wordpress.com)
- Norway: STX OSV Delivers Platform Supply Vessel to Solstad (mb50.wordpress.com)
- Norway: Aker Solutions to Supply Production Equipment for Brynhild Project (mb50.wordpress.com)
- Re-inventing subsea intervention to keep economics above water (mb50.wordpress.com)
Engineering and construction company Clough Limited announced that it has completed the sale of its Marine Construction business to SapuraCrest Petroleum Berhad for gross proceeds of approximately AUD 127 million and on the terms previously reported in the company’s ASX Announcement of 8 August 2011.
Clough’s offshore Marine Construction Division includes the derrick lay barge, Java Constructor, and associated marine construction equipment. Also included will be Clough’s interest in the Clough Helix Joint Venture, which operates the chartered Normand Clough vessel, and its investments in specialist engineering businesses, OFI and Peritus. Relevant contracts including the Chevron Gorgon Domestic Gas pipeline project are proposed to be novated.
Post transaction the division will continue to operate from Perth with a continuing focus on both the Australian and regional markets. Clough will continue to provide a number of back office services to the business for a period of two years.
Established in 1919, Clough delivers an integrated Engineering, Procurement and Construction service to oil and gas and mineral resources projects primarily in Australia and South East Asia. The Group’s services range from concept development through design, construction, installation, commissioning, operations and maintenance.
Backed by an experienced management team, over 3,600 personnel and sophisticated project management systems, we are recognised for our commitment to safety, sustainable development and the wellbeing of the people, communities and environments in which we operate.
Oil exploration to renewable energy group SeaEnergy is working up plans to build a new wind farm support vessel specially designed for the North Sea market which is being targeted for a tender due out next month.
SeaEnergy chairman Steve Remp has told shareholders he expects a market opportunity for a specialised wind farm Offshore and Maintenance support vessel to be available by 2014.
“We have engaged with many potential customers and can confirm widespread support for our design and operational concept,” Remp reports.
Although the market opportunities for the vessel could materialise by 2014, Remp says those will be in the more benign conditions of the Baltic Sea: “To date, the only tender for such offshore wind support vessel has been for a project in the Baltic Sea,” Remp has told SeaEnergy shareholders.
“Our vessel design is specified for the more challenging wave, tide and weather conditions encountered in the North Sea, and is therefore over-specified for the more benign conditions in the Baltic. “
Remp goes on to point out that the requirement for the vessel in the North Sea – primarily in the UK or Germany – will be in 2014, “…And we are actively preparing to participate in the first of such tenders fort the North Sea which are expected to be issued next month.” Remp says.
SeaEnergy is now progressing technical work on the O&M vessel design which includes tank testing and completion of detailed engineering drawings “..Both of which are required to put us in a position to initiate construction of our first new-build vessel, once an initial charter has been secured,” Remp says.
Meanwhile the company is talking to potential customers about chartering an existing ship in the near-term for use this winter which would be used to demonstrate SeaEnergy’s wind farm O&M concept, and to generate earlier revenue.
- Offshore wind will lead to ‘advancing army of pylons’ (telegraph.co.uk)
- Wind Energy Update: Which Comes first? The Wind Farm or the Turbine? (prweb.com)
- Fish (heart) oil platforms (junksciencesidebar.com)