Killajoules

SHI Signs USD 1.08 Billion Contract for Two Units of Drill Ships
Samsung Heavy Industries, which is the first company in the domestic shipbuilding industry to achieve its annual order target for 2010, announced on the 11th that it had signed a contract to build two units of drill ships for Seadrill, a Norwegian firm. The contract amount is USD 1.08 billion.

Technip awarded major offshore contract for the Mariscal Sucre development in Venezuela
Technip has been awarded an engineering, procurement, construction management (EPCM) contract by Petroleos de Venezuela S.A. (PDVSA) for the Mariscal Sucre Dragon/Patao development, offshore the North-east coast of Venezuela.

Petrofac Awarded £40 Million North Sea Engineering Services Contract by Maersk Oil
Petrofac, the international oil & gas facilities service provider, has been awarded a contract worth £40 million over three years for the provision of engineering services to the UK Continental Shelf assets of Maersk Oil North Sea UK Ltd (Maersk Oil). Work will begin immediately on the contract, which was awarded following a competitive tender and includes three one-year options for extension.

Seadrill orders new ultra-deepwater drillships for delivery in 2013
Seadrill has entered into a turnkey contract to build up to four new ultra-deepwater drillships at the Samsung yard in South Korea. The first two drillships are firmly ordered with delivery in the first and second quarter 2013, respectively. Total project price per rig is estimated to be less than US$600 million, which includes a turnkey contract with the yard, project management, drilling and handling tools, spares, capitalized interest and operations preparations. The contract further includes a fixed price option for further two drillships to be declared during the first quarter 2011.

Wood Group Awarded Five Year Operations and Maintenance Contract for FPSO Sevan Voyageur on Huntington field
Wood Group has been awarded a five year operations and maintenance contract by Sevan Marine to provide asset management services for the FPSO Sevan Voyageur (Floating Production Storage & Offloading) on the Huntington field in the UK central North Sea.

Aker Solutions wins Hebron GBS project
Kiewit-Aker Contractors, a 50/50 joint venture between Peter Kiewit Infrastructure and Aker Solutions, has been awarded a contract by ExxonMobil Canada Properties (EMCP) for the Hebron Project gravity based structure (GBS). The contract is for Front End Engineering and Design (FEED) and site preparation, with the option at ExxonMobil's discretion to subsequently provide detailed engineering, procurement and construction (EPC) services. The contract value for Aker Solutions' share of the FEED and site preparation is USD 70 million.

ATWOOD OCEANICS Announces Contract Extension for the ATWOOD FALCON
ATWOOD OCEANICS, INC., a Houston-based international drilling contractor (NYSE: ATW), announced today that the ATWOOD FALCON has been awarded an extension by Sarawak Shell Berhad / Sabah Shell Petroleum Company Ltd. of the existing contract. With this extension, the rig's current contract commitment will be extended from August 24, 2011 until between November 24, 2011 and January 24, 2012, depending on the length of the drilling program. The value of the contract extension is estimated to be between $27 million and $45 million.

DSME Wins Drill Ship Construction Order
Daewoo Shipbuilding & Marine Engineering Co. (DSME), South Korea`s No. 2 shipbuilder, announced on Sunday that it has been awarded a drill ship order by a South Korean consortium led by the state-run Korea National Oil Corp.

GE Oil & Gas Awarded $120M in Brazil Deepwater Equipment Orders
GE Oil & Gas' Drilling & Production business has been awarded two contracts totaling more than $120 Million by Daewoo Shipbuilding & Marine Engineering Co., Ltd (DSME) of South Korea, one of the world's leading specialized shipbuilding and offshore contractors.

Acergy S.A. awarded contract in the North Sea
Acergy S.A. (NASDAQ-GS: ACGY; Oslo Stock Exchange: ACY) announced today the award of a contract valued at approximately $50 million from Dana Petroleum PLC on the Medway Development Project in the Dutch sector of the North Sea.