Kevin Murphy’s Post

bp signs agreement with Subsea7 7 and SLB ‘alliance’ Oil giant bp has signed an agreement with SLB and Subsea7 “Subsea Alliance” to strengthen its global underwater projects. SLB and Subsea7 first put their “#subsea integration alliance” in place in 2015, which was renewed in 2022 for a further seven years after a run of global wins. bp has signed a memorandum of understanding with the pair in an “innovative commercial model” to enhance projects from concept selection through the entire life cycle. It comes after wins with bp for the duo’s team up, including #subsea dual-bore trees in the West of Shetland at the Schiehallion and Loyal fields. The alliance also won work in 2022 with the major in Trinidad and Tobago. The new agreement combines bp’s experience in building and executing projects with the contractors’ delivery of integrated subsea production systems (SPS) and #subsea, #umbilical, #riser and #flowline (SURF) systems. A new team will be formed to oversee the activities programme, inclusive of bp, Subsea7 7 and SLB subsidiary OneSubsea. Ewan Drummond, BP’s SVP of projects, said: “The members of Subsea Integration Alliance have been a key supplier of bp for decades, and by combining our resources and knowledge, we can bring significant benefits to our customers and our stakeholders. “Together we can safely deliver projects with improved project schedules, reducing our total cost of ownership and harnessing synergies through a collaborative one-team mindset. We look forward to getting to work.” The MoU was signed at an official ceremony in London on September 22, 2023, that was attended by Ewan Drummond; Olivier Blaringhem; Louise Jacobsen Plutt, bp’s SVP of procurement; Kristian Siem, Subsea7 Chairman; John Evans, Subsea7 CEO; Steve Gassen, SLB President of Production Systems, and Mads H., SLB Director of Subsea Production Systems. Olivier Blaringhem, CEO of Subsea Integration Alliance and executive VP at Subsea7, said: “This agreement marks a step change in how our highly collaborative teams will work together to achieve shared objectives for mutual value. Together with bp, we will deliver lower #carbon #energy to the world through enhancing long-term #subsea performance.”

Just a year after signing a contract, Marketex Offshore Constructions has delivered five of the nine subsea templates built for the Aker BP ASA operated Yggdrasil project - the largest ongoing oil and gas developments in the North Sea.   Each structure weighs 420 tons, these templates are an important element of this major development, and the first to be installed subsea, and the timely delivery has been crucial. Hence, it was paramount for the company to finish the job to the highest quality standards and within the specified timeframe. Some of the templates have already been delivered to the mobilization yard in Norway, from where they will be shipped for offshore installation.        There will be nine templates in total; they are the largest subsea structures built by Marketex Offshore Constructions to date. The contract is scheduled to be completed in the summer of 2025.   The Yggdrasil templates are delivered by a subsea alliance between Aker BP, OneSubsea and Subsea7 and Aker Solutions. Marketex Offshore Construction’s contractual part is Aker Solutions.    #MarketexOffshoreConstructions #BLRTGrupp #subseatemplates #AkerBP #Yggdrasil #Norway #Estonia #OneSubsea #Subsea7 #AkerSolutions #offshore #oilandgasdevelopment

Just a year after signing a contract, Marketex Offshore Constructions, a subsidiary of BLRT Grupp, has delivered five of the nine subsea templates built for the Aker BP ASA operated Yggdrasil project - the largest ongoing oil and gas developments in the North Sea. Each structure weighs 420 tons, these templates are an important element of this major development, and the first to be installed subsea, and the timely delivery has been crucial. Hence, it was paramount for the company to finish the job to the highest quality standards and within the specified timeframe. Some of the templates have already been delivered to the mobilization yard in Norway, from where they will be shipped for offshore installation. There will be nine templates in total; they are the largest subsea structures built by Marketex Offshore Constructions to date. The contract is scheduled to be completed in the summer of 2025. The Yggdrasil templates are delivered by a subsea alliance between Aker BP, OneSubsea and Subsea7 and Aker Solutions. Marketex Offshore Construction’s contractual part is Aker Solutions. #MarketexOffshoreConstructions #BLRTGrupp #subseatemplates #AkerBP #Yggdrasil #Norway #Estonia #OneSubsea #Subsea7 #AkerSolutions #offshore #oilandgasdevelopment

The objective for Troll Phase 3, Stage 2 is to accelerate production from the reservoir equivalent to about 55 billion standard cubic meters of gas.  www.slb.com SLB has announced the award of a sizeable contract by Equinor to its OneSubsea™ joint venture. The award leverages an existing long-term contract for the execution of the second stage of Phase 3 for Equinor’s Troll project in the North Sea, offshore Norway. To accelerate field delivery of the subsea tieback to existing infrastructure, SLB OneSubsea will leverage configurable solutions compliant with NCS2017+ for standardized subsea production systems for application in the Norwegian Continental Shelf (NCS). The objective for Troll Phase 3, Stage 2 is to accelerate production from the reservoir equivalent to about 55 billion standard cubic meters of gas. The Troll field is located in the northern part of the North Sea, offshore Norway. The 8-well project, with a tieback to the Troll A Condeep platform, is

Flexible Standardization and onshore commissioning/integration is becoming more popular as companies seek to reduce time to first production and reduce risk.

"#SubseaIntegrationAlliance, comprising #OneSubsea and #Subsea7, has won a long-term strategic agreement with Norway’s state-owned energy giant #Equinor, paving the way for collaboration to begin immediately on early, joint concept studies for two giant oil projects." These are frontier projects: 1. Wisting: located over 300 km north of Hammerfest in the Barents Sea (Arctic). Final Investment Decision (#FID) was postponed in Q4 2022 due to cost estimate increases, amongst other factors. 2. Bay du Nord: located offshore Newfoundland & Labrador (off Canada's east coast) in the Flemish Pass basin, about 500 km northeast of St John's. The project was postponed in May 2023 due to cost pressure. "Thanks to the deal signed by #Equinor and #SubseaIntegrationAlliance in Stavanger work on the maturation of subsea scope will be able to start immediately at the #Wisting field offshore Norway and the #BayDuNord project located off the coast of Newfoundland and Labrador, Canada. Under the same agreement, any resulting #EPCI execution would be directly awarded to the alliance, if a final investment decision (#FID) is made." #BarentsSea #NewfoundlandAndLabrador https://lnkd.in/gtkmktSu

#ExxonMobil Guyana are ramping up operations in the Stabroek license area, including new offshore tugs and supply vessels in Georgetown. #EMGL's 3rd project in Guyana boosts oil output to 620K bpd, highlighting Guyana's growing influence in the oil industry. The #GasToEnergy project is a game-changer, involving a 25-km pipeline from offshore FPSOs to an onshore plant, aiming for efficient and reliable energy in Guyana. EMGL seeks contractors for pipeline operation and maintenance, offering new #BusinessOpportunities in the sector. #EnergyInnovation #ExxonMobil #Stabroek #OilProduction #Guyana #GasToEnergy #BusinessOpportunities #EnergyInnovation #OilandGas

𝗙𝗶𝗳𝘁𝗵 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝘂𝗮𝗹 𝗩𝗶𝗰𝘁𝗼𝗿𝘆 𝗳𝗼𝗿 𝗦𝗕𝗠 𝗢𝗳𝗳𝘀𝗵𝗼𝗿𝗲 𝗶𝗻 𝗚𝘂𝘆𝗮𝗻𝗮, 𝗮 𝗗𝗲𝗰𝗶𝘀𝗶𝘃𝗲 𝗦𝘁𝗲𝗽! Dutch firm 𝗦𝗕𝗠 𝗢𝗳𝗳𝘀𝗵𝗼𝗿𝗲 emerged victorious on Friday by securing the contract for the preliminary engineering design of a Floating Production, Storage, and Offloading (FPSO) vessel for the Whiptail project led by 𝗘𝘅𝘅𝗼𝗻𝗠𝗼𝗯𝗶𝗹 in Guyana. Following the preliminary design phase, and subject to government approvals in Guyana, SBM will proceed to construct and install the FPSO. This marks the initial release of funds by 𝗘𝘅𝘅𝗼𝗻𝗠𝗼𝗯𝗶𝗹 𝘁𝗼 𝗸𝗶𝗰𝗸𝘀𝘁𝗮𝗿𝘁 𝗽𝗿𝗲𝗹𝗶𝗺𝗶𝗻𝗮𝗿𝘆 𝗮𝗰𝘁𝗶𝘃𝗶𝘁𝗶𝗲𝘀. Upon the of the construction period, 𝗦𝗕𝗠 𝘄𝗶𝗹𝗹 𝘁𝗿𝗮𝗻𝘀𝗳𝗲𝗿 𝗼𝘄𝗻𝗲𝗿𝘀𝗵𝗶𝗽 of the FPSO to ExxonMobil before commencing operations. 𝗦𝗕𝗠 𝗶𝗻𝘁𝗲𝗻𝗱𝘀 𝘁𝗼 𝗼𝗽𝗲𝗿𝗮𝘁𝗲 𝘁𝗵𝗲 𝗙𝗣𝗦𝗢 through its integrated operations and maintenance model, combining the expertise and experience of SBM and ExxonMobil. The FPSO is designed to 𝗽𝗿𝗼𝗱𝘂𝗰𝗲 𝟮𝟱𝟬,𝟬𝟬𝟬 𝗯𝗮𝗿𝗿𝗲𝗹𝘀 𝗼𝗳 𝗼𝗶𝗹 𝗽𝗲𝗿 𝗱𝗮𝘆, with an associated gas treatment capacity of 540 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗰𝘂𝗯𝗶𝗰 𝗳𝗲𝗲𝘁 𝗽𝗲𝗿 𝗱𝗮𝘆, and a water injection capacity of 300,000 barrels per day. This will be the 𝗳𝗶𝗳𝘁𝗵 𝗙𝗣𝗦𝗢 𝘁𝗼 𝗯𝗲 𝗱𝗲𝗹𝗶𝘃𝗲𝗿𝗲𝗱 𝗯𝘆 𝗦𝗕𝗠 𝗳𝗼𝗿 𝗮 𝗰𝗼𝗻𝘀𝗼𝗿𝘁𝗶𝘂𝗺 𝗹𝗲𝗱 𝗯𝘆 𝗘𝘅𝘅𝗼𝗻 in Guyana. Bruno Chabas, CEO of SBM Offshore, said: 'We are proud to announce that ExxonMobil Guyana has awarded contracts for a fifth FPSO from SBM Offshore in Guyana. This project once again demonstrates the value our 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆-𝗹𝗲𝗮𝗱𝗶𝗻𝗴 𝗙𝗮𝘀𝘁𝟰𝗪𝗮𝗿𝗱 program brings to our customers and stakeholders by 𝗽𝗿𝗼𝘃𝗶𝗱𝗶𝗻𝗴 𝗰𝗮𝗿𝗯𝗼𝗻-𝗲𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝘁 𝗲𝗻𝗲𝗿𝗴𝘆 𝘁𝗼 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱." Check out the latest contractual victories in the oil and gas sector. 𝗦𝗵𝗮𝗿𝗲 𝘆𝗼𝘂𝗿 𝘁𝗵𝗼𝘂𝗴𝗵𝘁𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗰𝗼𝗺𝗺𝗲𝗻𝘁𝘀 𝗮𝗻𝗱 𝘀𝗵𝗮𝗿𝗲 𝘁𝗼 𝗸𝗲𝗲𝗽 𝗼𝘁𝗵𝗲𝗿𝘀 𝗶𝗻𝗳𝗼𝗿𝗺𝗲𝗱. #fpso #sbm #guyana #exxonmobil #oilandgas

Subsea 7 seals $1.25bn pipelay support vessels deal in Brazil   Oslo-listed Subsea 7 has landed a new billion-dollar deal with Petrobras by fixing four pipelay support vessels (PLSVs) from 2025. 🔽 Find more info in comments below 🔽 #Subsea7 #Petrobras #PLSVs #OffshoreOilandGas #OilandGasNews #OilandGasJobs ⤵️ Click Follow on our page to keep up to date with energy news ⤵️