Shell Todd Oil Services (STOS), a company jointly owned by Shell Petroleum Mining and Todd Petroleum Mining, has awarded Technip Subsea 7 (TS7) a fast track contract for the provision of diving support services for the Maui maintenance project offshore New Zealand in water depths down to 110 meters. The contract was successfully completed in January 2008.
MISC Berhad, a maritime transportation and logistics provider and emerging major owner and operator of floating production units, has awarded TS7 a lump sum flexible supply contract for the Ruby floating, production, storage and offloading (FPSO) project located in approximately 50 meters of water offshore Vietnam.
The MISC contract includes the supply of 880 meters of 10-inch flexible risers, 440 meters of six-inch flexible risers, 1,900 meters of 10-inch flexible flowlines and associated buoyancy. Delivery is estimated for the fourth quarter of 2008.
