MTR100: The Norway Way
recovery of hydrocarbons from challenging reservoirs. In 2013, FMC recorded $7.1 billion in revenue, 66% of which came from its deepwater and subsea technologies segment (Subsea Systems, Multi Phase Meters and Schilling Robotics), 25% from surface technologies (Surface Wellhead, Fluid Control and Completion Services) and the remaining 9% from energy infrastructure (Measurement Solutions, Loading Systems, Material Handling Solutions, Separation Systems and Automation and Control). FMC claimed 40% of the global subsea tree unit market share from 2009-2013, and the group presently has subsea processing
KCA Deutag Secures $170m Contract in Angola
, has been awarded a $170 million contract by Sonangol Pesquisa e Produção, S.A., for the provision of the Ben Rinnes jack-up rig in Angola. The two-year agreement, which comes with a two-year extension option, will see KCA Deutag’s offshore division provide drilling and completion services, in various offshore locations in Angola. The contract will employ approximately 100 people, the majority of whom will be Angolan nationals. The Ben Rinnes is one of two jack-ups in KCA Deutag’s rig fleet. The rig has been operating in Gabon since January 2013, where it completed
North Sea, UK Sector, Contracts for KCS Deutag
has also signed a significant contract with KCA Deutag for a four year extension of its drilling operations and maintenance contract for both the Heather and Thistle platforms. Lastly, a substantial contract extension was awarded by CNRI. This five year extension incorporates drilling and completion services contracts for the Ninian North Platform, South and Central Platforms, the Murchison Platform and the Tiffany Platform in the North Sea. Rune Lorentzen, KCA Deutag’s President Offshore, said: “We have a very strong presence in the North Sea and it is great to see this continue
February 2025
