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The contract, valued at between US$1 million and $50 million, will be reflected in McDermott's fourth-quarter 2018 backlog.
This five-year agreement covers the exclusive supply of surface wellhead equipment and service in the U.S. and Canada.
Topaz Energy and Marine has signed a long-term agreement with Reach Subsea on Nov. 8 under which Reach will charter the newbuild subsea vessel, Topaz Tiamat.
The Philippines is ready with two joint oil and gas exploration agreements to be signed with China, its energy minister said on Nov. 7, and reiterated his position calling for the lifting of the ban on drilling works in a disputed area in South China Sea.
Rowan Companies Plc (NYSE: RDC) said Nov. 5 that the Rowan Renaissance, an R-Class ultradeepwater drillship, has been awarded a contract in Mexico by Total with a firm term of one well with an estimated duration of 60 days.
Equinor and the Johan Sverdrup license have awarded a jacket contract for the processing platform for Johan Sverdrup phase 2 to Kværner, the company said on Oct. 31.
Aker Solutions said Oct. 23 it has received a notification of award for orders valued at more than NOK 1.7 billion (US$204 million) from the China National Offshore Oil Corp. (CNOOC) to provide the subsea production system and umbilicals for the Lingshui 17-2 gas field.
TechnipFMC (NYSE: FTI) has been awarded a contract by an affiliate of ExxonMobil Corp. (NYSE: XOM) for the engineering of the subsea system for the proposed Liza Phase 2 project, the company said on Oct. 23.
Rowan Norway Ltd. has been awarded a contract for drilling two wells at the Gudrun Field by use of the Rowan Stavanger jackup rig, the company said on Oct. 22.
Royal Boskalis Westminster NV said Oct. 4 it has been awarded the Tyra Redevelopment Subsea Installation Phase II contract by Total E&P Denmark (NYSE: TOT).
The oil services companies are expected to compete in the tender by promising to boost production from the Potiguar Basin’s waning Canto do Amaro Field in northern Brazil, where production began in 1986, and offering a bigger share of output to Petrobras, sources said in June.
Subsea 7 has been awarded a contract by Fieldwood Energy to Subsea Integration Alliance on Oct. 2, a global partnership between Subsea 7 and OneSubsea, a Schlumberger company.