FMC Technologies, Inc. has signed an agreement with Statoil for the manufacture and supply of subsea workover adapters. The award has a value of approximately $43 million. Separately, the company signed an agreement with Shell Development (Australia) Pty., Ltd. to supply subsea production and associated topside systems for the Prelude field development. The companies also announced an aftermarket agreement that will result in FMC performing installation and commissioning services for the project.
McDermott International, Inc. announced the award of a significant subsea contract to its Australian subsidiary for a deepwater offshore engineering and construction project, including structural transportation and installation of subsea infrastructure. The new contract for work offshore Western Australia is included in the company’s second quarter 2011 backlog.
The Helix Well Containment Group announced that it is now capable to respond to a subsea well containment incident in water depths of up to 10,000 ft. The consortium previously announced its intention to achieve this milestone by mid-summer and has achieved this ahead of schedule. Previously, it had capabilities to operate in water depths of up to 8,000 ft.
Schlumberger announced the acquisition of the remaining equity shares of Framo Engineering AS from Frank Mohn AS. ...