DeepOcean Receives LOI From AGIBA

Source: www.oilegypt.com 6/12/2007, Location: Africa

DeepOcean ASA’s subsiduary CTC Marine Projects Ltd. has received a Letter of Intent from the AGIBA Petroleum Company for a project valued at over GBP5 million. The work site is located at AGIBA’s West Ashrafi hydrocarbon facility in Egypt. CTC’s work scope will include the installation of a 10km umbilical cable connecting the offshore well head with the shore, as an expansion of the existing pipeline infrastructure.

The installation is scheduled to take place between November 2007 and January 2008. CTC’s managing director, Tony Inglis, commented, ‘We are delighted to be undertaking this work – the AGIBA project reflects our strategy of expanded regional development.’


Brazil >>  5/11/2022 - Prosafe has been declared the winner of a bidding process for a four-year contract by Petróleo Brasileiro SA (‘Petrobras’) for the provision of the Sa...
Trinidad and Tobago >>  5/11/2022 - Subsea 7 has announced the award of a sizeable1 project by BP for the TOPR project located offshore Trinidad and Tobago, in water depths of up to 280 ...

Sri Lanka >>  5/9/2022 - On April 27, the heavy lift vessel Katori, owned by NYK Bulk & Projects Carriers Ltd. (NBP), a member of the NYK Group, rescued 11 crew members from a...
Bahamas >>  5/6/2022 - DOF Subsea is pleased to announce that an option has been exercised for the vessel Skandi Africa. The new commitment will now run until February 2024 ...

Germany >>  5/5/2022 - Höegh LNG Holdings Ltd. ("Höegh LNG") announces it has signed binding implementation agreements with the German Federal Ministry for Economic Affairs ...
Germany >>  5/4/2022 - DEME has entered into an agreement with German shipping and logistics company Harren & Partner to sell the DP2 jack-up installation vessel ‘Thor’.

Related Categories: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 

Related Articles: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.