Swiber clinched a US $80 million award for subsea development work offshore Latin America for an unnamed client. Swiber said it won the turnkey engineering, procurement, installation and construction contract for work, which includes subsea pipeline tie-ins. Work commences immediately and is due for completion next year, increasing the company’s contract wins in the year to date to US $315 million.
Turan Drilling, a JV between KCA Deutag and SOCAR AQS, secured the contract for operations and maintenance of seven platform drilling rigs operated by BP in the Caspian Sea, SOCAR AQS head said
Italian oil services group Saipem is looking for partners for its drilling business, while it has ruled out a trade sale, the company's CEO said on April 18.
Halliburton Co. announced the execution of an integrated services contract with Royal Dutch Shell for post-salt development and pre-salt exploration in Brazil’s Campos and Santos Basins on April 17.