Dril-Quip, Inc. Awarded $27 Million Contract for the Supply of Subsea Equipment

abarrelfullabarrelfull wrote on 19 Mar 2014 07:52

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Oct 14, 2010

Dril-Quip, Inc. (NYSE: DRQ) today announced that it has been awarded a contract valued at approximately $27 million by Shell Offshore Inc. to supply drilling and production equipment for the Olympus Tension Leg Platform (TLP) to be installed in the Mars field located in the Mississippi Canyon area of the Gulf of Mexico. The Olympus TLP is part of the Mars B Project.

Dril-Quip will provide subsea wellhead equipment, production riser tieback connectors and drilling riser components for the Olympus TLP.

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