![UK: TSmarine Starts Long Term Service Contract With Expro Worth $100 Million]()
Australian subsea contractor TSmarine is primed to start a multi-year service contract with international oilfield service company Expro which could be worth a potential $100 million. The deal, awarded to TSmarine’s new Scotland-based offshoot SALT Subsea, will deliver worldwide support for Expro’s groundbreaking subsea well intervention system AX-S. Under the contract, SALT Subsea will supply [...]
September 2, 2010 | Posted in
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![UAE: Polarcus Naila Vessel to Start 3D Survey Offshore Norway in September]()
Polarcus Limited announced today that subsequent to the successful and on time completion by Polarcus of the first Gassnova 3D survey (“Johansen 3D”) on 04 July 2010, the second 3D project (“Troll Kystnær 3D”) comprising 323 square kilometers offshore Norway has received budgetary approval and will be acquired by POLARCUS NAILA commencing in September 2010. [...]
July 26, 2010 | Posted in
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![Fugro Clinches Long Term Diving Contract in Brazil Worth $100 Million]()
Fugro Brasil – Serviços Submarinos e Levantamentos Ltda. has been awarded a long term diving contract by Otto Candies for Petrobras in Brazil. The three party-contract has a value for Fugro of approximately USD 100 million, involving ROV and diving services. Otto Candies is providing the Diving Support Vessel (DSV) and the contract will be [...]
July 22, 2010 | Posted in
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![Brazil: Dril-Quip Bags $100 Million Contract for the Supply of Drilling and Production Equipment]()
Dril-Quip, Inc. announced that it has been awarded a contract valued at approximately US $100 million by FloaTEC de Mexico S.A. de C.V. to supply drilling and production equipment for the P-61 Tension Leg Wellhead Platform (TLWP) to be installed in the Papa Terra field located in the Campos Basin offshore Brazil. The value of [...]
![USA: Diamond Offshore Signs Term Contract Worth $100 Million. Ocean Endeavor Moves to Egypt]()
Diamond Offshore Drilling, Inc. today announced that a subsidiary of the Company has entered into a term contract ending June 30, 2011, plus option, with Burullus Gas Company S.A.E. that will immediately mobilize the Ocean Endeavor from the Gulf Of Mexico (GOM) to Egypt. Diamond Offshore President and CEO, Larry Dickerson, noted, “With new contracting [...]
![Bermuda: Northern Offshore Ltd. Repays in Full $100 million Bond Loan]()
Northern Offshore, Ltd.today announced that the company has repaid in full the US$100 million Bond Loan, which matured today. The company drew down US$80 million of its US$120 million Secured Revolving Credit Facility (“the Facility”), which together with cash on hand, was used to retire the debt, as well as accrued interest and fees. The [...]
![More than 100 years of Reserves for Israel at Leviathan]()
There are more than 100 years of reserves for Israel at Leviathan. Source: globes, June 4, 2010;
![Philippines: Forum Energy Plc to Invest $100 Million For Drilling Offshore Palawan]()
Philippines—Oil exploration firm Forum Energy Plc is expected to invest $100 million (about P4.5 billion) over the next three years to… Source:businessinquirer , May 24, 2010;
