Contracts and Tenders

Transocean was awarded new contracts and extensions totaling USD 119 million. Among the contracts, Transocean’s Discoverer Seven Seas, an ultradeepwater drillship, was awarded a three-well contract by Inpex for work offshore Indonesia, between May and December 2013. The contract includes an option for extension until February 2014. ExxonMobil exercised a 6-month option on the jackup rig GSF Magellan for work offshore Nigeria.

Malaysia’s TH Heavy Engineering, in consortium with Afcon Infrastructure and Technip KT India, was awarded a contract from India’s state-owned Oil and Natural Gas Corporation to provide procurement and fabrication services for a process platform in the Heera Redevelopment Project, located 50 miles west of Mumbai in the Arabian Sea. The contract, worth USD 289.5 million, also stipulates that the consortium will be responsible for the load-out of the substructure, offshore India’s west coast.

FMC Technologies signed an agreement with Statoil for the supply of additional subsea equipment for the Snorre field in the Norwegian North Sea. The order has an estimated value of USD 33 million in revenue. Under the terms of the agreement, FMC Technologies will provide 10 production risers and tieback connectors. The equipment is scheduled for delivery in 2015.

Keppel Offshore & Marine secured three new contracts, worth a total of USD 343 million. Keppel Singmarine secured two contracts: to build a high-specification deepwater pipelay vessel for Hydro Marine Services, a subsidiary of McDermott International; and to build a catamaran air dive support vessel for Australia-based Bhagwan Marine. The third contract was won by Keppel Shipyard, which is modifying and upgrading a floating production, storage, and offloading facility for EMAS Offshore Construction and Production.


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