Service Contracts
Service Contracts
Technip Lines Up EPCI Work For Dvalin Development
The contract includes fabrication of smaller structures, the 12/16-in. pipe-in-pipe production flowline, the 12-in. gas export pipeline and the installation of pipelines as well as all subsea structures and umbilical for the Dvalin Field in the Norwegian Sea, the release said.
Service Contracts
Wood Group Takes On Suncor Heavy Oil Well Pads Work
The work, the first project under a recently signed multiuse agreement between the two companies, is expected to cut Suncor’s well pad facilities costs to about C$2 million per well pair from more than C$4 million to C$9 million per well pair, the release said.
Service Contracts , Unconventional , Technology , Acquisitions & Divestitures , Lease Sales , Mergers
Service Companies Notch Another Deal In Slowly-Moving Rollup
Frank’s International agrees to merger with Blackhawk Specialty Tools for $321 million in cash and stock.
Service Contracts
DOF Subsea Receives Decommissioning Contract For Athena Field
Under the contract, mid-water arch and risers will be removed, and several DOF subsea vessels operating in the Atlantic region during fourth-quarter 2016 will be utilized.
Service Contracts
Aker Solutions Receives Two Dvalin Gas Field Subsea Contracts
According to Reuters, Aker Solutions secured two contracts worth at least NOK 900 million (US$112.58 million) from DEA Norge to deliver the subsea production system, maintenance and services at the Dvalin natural gas development offshore Norway.
Service Contracts , Technology
Petrobras, Statoil Extend Partnership To Remedy Old Wells
Petrobras produces about 80% of Brazil's oil and is responsible for developing massive offshore oil finds in a region known as the Subsalt Polygon, Reuters reported.
Service Contracts , Exploration & Production
Tanzania, Congo Sign Deal For Joint Petroleum Exploration In Lake Tanganyika
Congolese President Joseph Kabila also said the Democratic Republic of the Congo and Tanzania discussed cooperation on proposed crude oil pipeline that would run from Uganda to Tanzania, Reuters reported.
Service Contracts
Iran Will Sign First Of New Oil Contracts With Domestic Firm
Contracts’ launch was postponed several times as rivals of President Hassan Rouhani resisted deals that could end buyback system, under which foreign firms could not own stakes in Iranian companies, Reuters reported.
Service Contracts , Exploration & Production , Acquisitions & Divestitures
Sale Of Oil Industry Chemicals Supplier Kel-Tech To Clariant Is Completed
Tim Zappala, a partner who co-heads Arsenal's specialty industrials group, said that the acquisitions of Kel-Tech and Danlin were successfully integrated during Arsenal’s partnership with Kel-Tech.
Service Contracts , Unconventional , Completions
Eagle Ford Frack Water Challenges To Parallel Price Recovery
An elevated amount of water used in the Eagle Ford could lead to logistical problems when oil prices increase.