McDermott and Zamil Offshore Sign JV To Serve MMO Market in Saudi Arabia
McDermott signed a joint venture (JV) agreement with Zamil Offshore to target the maintenance, modifications and operations (MMO) market in Saudi Arabia. The companies will work together on an exclusive basis to provide Saudi Aramco with comprehensive offshore brownfield EPCI solutions and asset maintenance services. The JV will be uniquely positioned to offer integrated, cost-effective MMO services to address the rising market demand in Saudi Arabia, McDermott said in a statement.
Zamil is the largest offshore and marine services provider in the Middle East. The partnership will provide McDermott access to a new revenue stream in the maintenance, turnaround, inspection, and asset integrity services market in Saudi Arabia.
"Our partnership with Zamil reflects McDermott's commitment to supporting Saudi Aramco across the oil and gas production life cycle," said Linh Austin, McDermott's senior vice president, Middle East and North Africa. "Building on the strengths and distinguished track record of both companies and fueled by McDermott's technology and digital-ready solutions," added Austin, "we will enable our customers to maximize the performance of offshore assets by increasing reliability and production uptime."
Wood To Modify Platforms for Equinor's Floating Wind Project
As part of the contract, Wood will provide the topside modifications needed for the Snorre A and Gullfaks A platforms to integrate the Hywind floating wind park with existing systems powering the facilities. The platforms will be the first to receive electric power from floating wind turbines.
Construction Begins at Cambodia’s First Offshore Platform
First steel has been cut for the minimum facilities wellhead platform for the Apsara field offshore Cambodia, the country’s maiden oil development. Operator KrisEnergy said production is scheduled to begin in the first half of 2020.
ISO Approves First Safety Standards for Commercial Drone Operation
The organization said the new standard, which focuses on air safety and data protection, is the first step in a wider move to promote the use of drones within a framework of approved regulatory compliance.
Don't miss out on the latest technology delivered to your email every two weeks. Sign up for the OGF newsletter. If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.
04 December 2019
04 December 2019
06 December 2019
03 December 2019