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The Offshore Frontier

Rowan announces contract with Petronas Mexico for Rowan Renaissance

Rowan has announced that the Rowan Renaissance, an R-Class ultra-deepwater drillship, has been awarded a one-well contract in Mexico by Petronas for an estimated duration of 80 days, which is expected to commence in Q2 2019.  Following the initial contract term, Petronas has a one-well priced option with an estimated duration of 80 days. The Rowan Renaissance is currently under contract with Total in Mexico’s Gulf of Mexico until about March 2019.

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BP starts gas production from second stage of Egypt’s West Nile Delta development

BP has announced first gas production from the second stage of its West Nile Delta development offshore Egypt. The project, which produces gas from the Giza and Fayoum fields, was developed as a deepwater, long-distance tie-back to an existing onshore plant. The successful startup is the second in a string of new upstream major projects expected to be brought on line in 2019 for BP. “This important project startup benefitted from the excellent working relationship between BP and the Egyptian government,” Bob Dudley, BP Chief Executive, said. “We simply could not have delivered it successfully without the steadfast support of the Minister of Petroleum, his excellent team and the entire government. “With the second stage of West Nile Delta now online, BP has now safely brought 21 new upstream major projects ...

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Rowan Viking wins contract with Lundin Norway

Rowan announced that the Rowan Viking, an N-Class ultra-harsh environment jackup rig, has been awarded a seven-well program in Norway by Lundin Norway AS for a minimum duration of 265 days. The contract is expected to commence in Q2/Q3 2020 and has four additional one-well priced options. The Rowan Viking has just completed the first well of a two-well program for MOL Norges AS in Norway and will perform a special periodic survey prior to commencing the second well with MOL, which is expected to start in April 2019 and has an estimated duration of 140 days.

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McDermott awarded EPCI subsea tieback contract for Stonefly Development

McDermott International has announced a contract award by LLOG Exploration Company for deepwater subsea pipeline tiebacks and structures from the Stonefly development to the Ram Powell platform, located approximately 140 miles southeast of New Orleans, La.  The scope of work includes project management, installation engineering, subsea structure and spoolbase stalk fabrication, and subsea installation of the subsea infrastructure to support a two-well subsea tieback from the Stonefly development site to the Ram Powell platform via a 60,000 ft, 6-in. pipeline at water depths ranging from 3,300 to 4,100 ft. McDermott will also design, fabricate and install a steel catenary riser, a pipeline end manifold and two in-line sleds. “This award demonstrates McDermott’s commitment to helping LLOG safely and competitively deliver the Stonefly ...

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