Sapura Energy Hooks Subsea Services Contract from Thai Oil Major Off Malaysia
Malaysia-based offshore services firm Sapura Energy, through its wholly-owned subsidiary Sapura Subsea Services, has secured a contract to provide subsea services for Thai oil company PTTEP’s subsidiaries in Malaysia.The contract, effective from February 21, 2024 for a period of five years, have been awarded to Sapura by PTTEP Sabah Oil Limited for deepwater Package B1, and PTTEP Sarawak Oil Limited for Package C1 – Sarawak.Under the call-out contracts with agreed unit rates, Sapura’s scope of work comprises of the provision of diving support vessel, air and saturation diving systems
Argeo Lands Woodside Energy’s Calypso Survey
Norwegian offshore services company Argeo has signed a contract with Woodside Energy to conduct a geophysical survey for the deepwater Calypso field in Trinidad and Tobago.The autonomous underwater vehicle (AUV) survey work will be carried out by Argeo Searcher vessel, starting in the third quarter of 2024.The project will occupy the vessel for approximately 60 days, not including any additional work.The Argeo Searcher is a DP II vessel, equipped with modern diesel electric propulsion. The vessel has significant capacities with 200 days endurance, accommodation of 65 persons and fully certified
Subsea7 Secures Work with Talos Energy in Gulf of Mexico
Offshore services firm Subsea7 has secured a ‘sizeable’ contract with U.S. oil and gas company Talos Energy for its Sunspear development in the Gulf of Mexico.The project involves the subsea tie back of one production well at Sunspear to the Prince platform, 12 kilometers to the north.Subsea7 will install the flowline and related subsea equipment at 500 meter water depths.Though not specifically stated by Subsea7, the contract is valued between $50 million and $150 million.Subsea7’s Houston office will oversee project management and installation engineering, with offshore work
Sapura Energy to Provide Subsea Services for Shell Off Malaysia
Malaysia-based offshore services firm Sapura Energy, through its wholly-owned subsidiary Sapura Subsea Services, has secured a contract to provide subsea services for Shell’s Malaysian subsidiaries Sarawak Shell Berhad and Sabah Shell Petroleum.The contract for the provision of pan-Malaysia underwater services for Petronas group of companies and Petroleum Arrangement Contractors, whose value was not disclosed, takes effect from January 31, 2024 for a period of five years.The scope of work comprises of the provision of diving support vessel, air and saturation diving systems, remotely operated
Mermaid Sets Up Subsea Services JV in Vietnam
Mermaid Maritime has established a joint venture (JV) with Tan Cang Offshore Services in Vietnam which will offer subsea services for the country’s offshore sector.The primary activities of the newly formed JV will be to offer vessel chartering, ROV, transportation and installation support and offshore subsea servicesThe JV – named Tan Cang Mermaid Subsea Services Company Limited – is 50/50-owned by Mermaid Subsea Services (Thailand) and Tan Cang Offshore Services Joint Stock Company (TCO).TCO is a professional service provider of offshore vessel chartering, ROV services, ocean
Tekmar Reels In $4.4M Offshore Wind Cable Protection Deal
Offshore services firm Tekmar Group has secured a contract to supply its cable protection system for an undisclosed offshore wind development.The contract is for the design and supply of Tekmar Group's flagship Generation 10 cable protection system (CPS) and associated ancillaries in an emerging region for offshore wind farm market.The contract covers the first phase of the development, with the value for the initial phase in excess of $4.4 million (£3.5 million). Production of the CPS systems is expected to start in 2024 for delivery in 2025, the company said.Alasdair Macdonald, CEO of
Expro Marks Four Decades of Subsea Work
offshore North Sea and Angola2007 – first 15ksi 6 1/8” horizontal tree SSTTA and electro-hydraulic control system in the Gulf of Mexico2017 – development of 7 3/8” 10ksi high debris SSTTA Expro’s subsea capabilities have been boosted by the recent acquisition of offshore services provider PRT Offshore, the only company to offer a complete Hook-to-Hanger solution enabling comprehensive well completions, interventions, and decommissioning services from surface to subsea. The acquisition enables Expro to expand its portfolio of cost-effective, technology-enabled services
Subsea 7 Extends Contract with BP for North Sea Assets
Offshore services firm Subsea 7 has extended an existing frame agreement with BP for subsea construction, inspection, repair and maintenance (IRM) services across the oil and gas major’s North Sea assets.This is the latest extension since the original frame agreement began in 1998, Subsea 7 said.Under the terms of the two-year extension to the end of 2025, Subsea 7 will provide an IRM, survey and light construction vessel, complete with work class and observation class remotely operated underwater vehicles (ROV), capable of performing inspection, survey, intervention, subsea construction and
OEG Energy to Buy Dutch Offshore Services Firm Bluestream Offshore
Offshore solutions firm OEG Energy Group Limited said Monday it had agreed to acquire Bluestream Offshore, a specialist in subsea and topside services based in the Netherlands, for an undisclosed consideration.Based in Den Helder, Bluestream is an offshore contractor providing specialist technical services above and below the waterline to a roster of blue-chip clients within the energy sector.According to OEG, Bluestream has a turnover in excess of €55 million executed through an employee base of around 55 people and more than 300 offshore subsea and topside specialists. "They are
February 2024
