MCDERMOTT Petropipe

MCDERMOTT AWARDED LARGE SURF AND TRANSPORTATION AND INSTALLATION PROJECT BY BHP

McDermott International has been awarded a large* contract by BHP to provide subsea umbilicals, risers and flowlines (SURF), transportation and installation (T&I), pre-commissioning of one jacket and topsides for the Ruby Project , offshore Trinidad and Tobago.

The Ruby Field resides in the Block 3(a) development area of Trinidad & Tobago, approximately 28 miles (45 kilometers) off the northeastern coast of Trinidad.

“We are pleased to support BHP in this new contract that continues to build on our successful track record in Trinidad,” said Mark Coscio , Senior Vice President, North, Central and South America. “The combination of heavy lift and pipelay capabilities of McDermott’s Derrick Lay Vessel (DLV) 2000 are best suited for this project as it can efficiently transport and install both the flowlines and platform.”

McDermott successfully executed a similar installation scope for the BP Trinidad & Tobago (BPTT) Angelin project last year. It also was awarded a contract in January of 2019 by BPTT for the engineering, procurement and construction (EPC) of the Cassia Compression Platform, located 35 miles (56 kilometers) southeast off the coast of Trinidad .

Engineering and Project Management of the project will be performed in Houston with engineering support from McDermott’s Mexico City office. McDermott’s DLV 2000 is scheduled to transport and install the flowlines and platform.

The project will begin immediately with completion projected in August 2020. The contract award will be reflected in McDermott’s fourth quarter 2019 backlog.

* McDermott defines a large contract as between USD $50 million and $250 million.

Source:- https://keyfactsenergy.com/news/6552/view/

Saipem-Castorone-

Saipem Wins Drilling Contracts Worth $1.7B USD

Saipem has been awarded new contracts and extensions on existing contracts in Onshore Drilling and Offshore Drilling for an overall amount of approximately 1.7 billion USD.

The contracts related to the Onshore Drilling Division encompass 19 land-rigs located in the Middle East, with power between 1500 and 2000 HP, and their duration range from three up to ten years. In addition, new contracts and extensions on other existing contracts have been assigned for new works that will be executed in Bolivia, Perù, and Romania.

The contracts related to the Offshore Drilling Division concern activities to be executed in Norway and in Angola.

Stefano Cao, CEO of Saipem, commented: “The award of these contracts proves the solidity and reliability of the operational performance of our Drilling Divisions and further strengthens Saipem’s long-time presence in strategic areas of the world”.

Saipem is a leading company in engineering, drilling and construction of major projects in the energy and infrastructure sectors. It is “One-Company” organized in five business divisions (Offshore E&C, Onshore E&C, Offshore Drilling, Onshore Drilling and XSIGHT, dedicated to conceptual design). Saipem is a global solution provider with distinctive skills and competences and high-tech assets, which it uses to identify solutions aimed at satisfying customer requirements. 

Source: http://bit.ly/2QqhcyV