Page 7 - NorthAmOil Week 31 2022

NorthAmOil PERFORMANCE NorthAmOil

Services firms win Gulf of Mexico work

GULF OF MEXICO INTERNATIONAL oil and gas services com- km south of Dakar, Senegal, where it will support
panies this week reported winning significant the development of the Sangomar field develop-
contracts relating to projects in the US Gulf of ment phase 1 project.
Mexico. The announcements have come as oper- On the same day, Transocean reported that
ators report another quarter of bumper results it had been awarded a two-year contract for its
and many continue to invest heavily in increas- Deepwater Conqueror ultra-deepwater drill-
ing production capacity. ship to carry out work in the Gulf at a day rate
Singapore’s Keppel Offshore & Marine Ltd of $440,000 and an incremental rate of up to
(Keppel O&M) said that its domestic shipyard $39,000 per day for additional products and
and US subsidiary Keppel AmFELS have been services. The contract is expected to begin in
awarded contracts worth around $54.5mn for December in direct continuation of the unit’s
the refurbishment and completion of two float- current contract and is worth around $321mn The
ing production units (FPU), one of which will be before the addition of any extra services.
deployed in the Gulf. The company reported that it has also been announcements
The first contract is between Keppel awarded a nearly five-year contract for its Petro-
AmFELS and Salamanca FPS Infra for the refur- bras 10000 drillship for work offshore Brazil. The have come as
bishment of the Salamanca FPU to be operated contract is worth around $915mn, beginning in
by privately owned Louisiana-based firm LLOG October next year, and will run until August operators report
Exploration. 2029. another quarter
The scope of work includes demolition, hull Finally, Bilfinger announced that it has been
modifications and key systems upgrades. awarded an annual maintenance contract by of bumper
The unit, which will have a capacity of 60,000 Shell for mechanical work across the super-ma-
barrels per day (bpd) of oil and 40mn cubic feet jor’s Gulf assets. The services firm will carry out results.
(1.13mn cubic metres) per day of gas, is seen all routine maintenance services and fabrication
being completed during the second quarter of work for Shell’s Gulf fleet for at least the next
2024 and will be deployed to serve the Castile three years, with an option to extend for a fur-
and Leon fields in the Gulf. In later June, LLOG ther two years.
announced that production has begun from its Bilfinger will dedicate around 100 full-time
operated Spruance field, located in Blocks 877 employees to the contract on a rotational basis.
and 921 of Ewing Bank in the deepwater Gulf. Bilfinger chief operating officer Duncan Hall
Spruance is producing through two wells, at a said the contract will see his company expand
combined rate of around 16,000 bpd of oil and “its global relationship with Shell as well as its
13mmcf (368,000 cubic metres) per day of gas. growth course in the North American offshore
The second FPU will be moored around 100 maintenance business”.™

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