Helix Secures Five-Year Decommissioning Contract in Gulf of Mexico
U.S.-based oil and gas services firm Helix Energy Solutions has signed a five-year agreement with oil and gas company Talos Energy for decommissioning services in the U.S. Gulf of Mexico.Helix Energy Solutions will provide decommissioning services for offshore wells and infrastructure, primarily on the U.S. Gulf of Mexico Shelf as part of the agreement signed in February 2024.Decommissioning work under the contract is expected to start in the second quarter 2024, Talos Energy said in an update.This follows Helix Energy Solutions’ engagement in the U.S. Gulf of Mexico from 2023, when the company
Helix Secures Deepwater Well Intervention Contract in West Africa
U.S.-based oil and gas services firm Helix Energy Solutions has been awarded a deepwater well intervention contract award by Esso Exploration and Production Nigeria (Esso) at Erha and Usan fields, offshore Nigeria.The project is expected to start in September 2024 with the vessel scheduled to be in Nigeria into 2025.The Erha and Usan fields - developed by Esso, a subsidiary of ExxonMobil Nigeria - are located approximately 97 kilometers offshore of Nigeria in water depths ranging from 700 to 1,500 meters.Under the contract, Helix will provide the Q4000, a DP3 riser-based semi-submersible well interventi
Helix Energy Extends Decommissioning Contract with Trident
U.S.-based oil and gas services firm Helix Energy Solutions has secured the extension of its decommissioning contract with Trident Energy for work offshore Brazil.The contract extension is for an additional 12 months and in direct continuation of the current contract.The extension is expected to begin in the fourth quarter of 2024 at rates in line with the improved well intervention market.The original contract with Trident Energy do Brasil started late 2022 offshore Brazil in the Campos Basin and utilizes the Siem Helix 1 riser-based well intervention vessel and a 10K Intervention Riser System.
Proserv Acquires Dron & Dickson's Abu Dhabi Business
Oil and gas services company Proserv Controls, has acquired the Middle Eastern operations of Dron & Dickson Electromechanical Contracting (DDEC) LLC, for an undisclosed fee. DDEC is a UK-based specialist in the supply, assembly, and maintenance of hazardous areas and industrial electrical equipment."The deal reinforces and expands the breadth of offering and capability that Proserv delivers in the Middle East and North Africa, where it has multiple sites including in Abu Dhabi, Dubai, Doha and Dammam," Proserv said.DDEC provides electrical engineering services and Ex certified equipment
Aquaculture: Inside the De Maas’ Offshore Fish Farm
storms. MTR recently visited – virtually – with co-founder Philip Schreven for insight on the design and operation particulars of their innovation.How did you became involved in this unique niche of the maritime industry?Mark van Leeuwen and I founded De Maas in 2007 as an offshore oil and gas services company. Both Mark and myself did our Master’s at Delft University of Technology in The Netherlands. After a short while working in Europe we decided to go to China and, together with many colleagues, were part of building Yantai Raffles Shipyard (today CIMC Raffles) from 2001 to 2007
i-Tech Services Wins IMR Contract
i-Tech Services said it has secured its first inspection, repair and maintenance (IRM) contract for the vessel MMA Pinnacle with a Malaysia-based integrated oil and gas services company, following the signing of a long-term vessel charter agreement in the Asia Pacific region earlier this year.The work scope for the 30-day campaign ranges from the provision of general visual inspection (GVI) services through to changing out subsea hardware in water depths of 1,400 meters, using the vessel’s 150-metric-ton crane.Mobilizing in Singapore, the MMA Pinnacle has been fitted with a range of i-Tech
Aker Solutions Completes Reinertsen Acquisition
Aker Solutions has completed the acquisition of oil-services provider Reinertsen, building on its position as maintenance and modifications supplier offshore Norway. The purchase price is NOK 212.5 million (roughly $25 million). The agreement to buy Reinertsen's Norwegian oil and gas services business, announced on March 30, has also been cleared by Norway's competition authority.
Aker Solutions to Acquire Reinertsen
Aker Solutions said it has agreed to buy oil-services provider Reinertsen in an asset deal set to be concluded in the second quarter, giving Aker Solutions ownership of Reinertsen's Norwegian oil and gas services business. The purchase price is NOK 212.5 million (roughly $25 million). The agreement excludes Reinertsen's liabilities as of December 19, 2016, when the company went into debt negotiation proceedings. Reinertsen, the third-largest maintenance and modifications supplier offshore Norway with about 700 employees, has its main offices in Trondheim and Bergen, where Aker
TechnipFMC Begins Operations Post-merger
TechnipFMC has begun operating as a unified oil and gas services company following completion of the merger of Houston-based FMC Technologies and paris-based Technip. Now with a combined 44,000 employees, the new TechnipFMC will work on oil and gas projects, technologies, systems and services “from concept to project delivery and beyond” with headquarters in Houston, London and Paris. A key focus for TechnipFMC will be project economics across subsea, onshore/offshore and surface, the company said in a press release. "With our merger complete, TechnipFMC is
February 2024
