Search results for: Vashishta

26 results

A list of search results

  • 25 April 2018
    Project & Tenders

    McDermott has concluded the installation and startup on the Vashishta and S1 field offshore India.

  • 1 March 2018

    Danish Maersk Supply Service has completed the first contract for one of its Stingray-class new-build subsea support vessels, Maersk Installer, with McDermott.

  • 22 November 2018

    Modus Seabed Intervention has completed work on the ONGC Vashishta pipelines and umbilical offshore India for McDermott International.

  • 24 May 2016
    Equipment

    UK’s JDR, a supplier of subsea umbilicals and power cables to the offshore energy industry, has been awarded a contract by GE Oil & Gas, on behalf of operator ONGC, for the Vashishta & S1 project. The Vashishta & S1 fields are located in the Krishna Godavari Basin, 30 – 35 kilometres off the east coast […]

  • 25 April 2018
    Operations & Maintenance

    McDermott International has completed the installation and startup of the Vashishta and S1 gas fields, under an engineering, procurement, construction and installation (EPCI) contract awarded by ONGC. McDermott together with consortium partner LTHE, a wholly owned subsidiary of Larsen & Toubro, was responsible for the engineering, supply and installation of a series of pipeline end […]

  • 24 May 2016
    Project & Tenders

    UK-based JDR has been awarded a contract by GE Oil & Gas, on behalf of ONGC, for the Vashishta & S1 project offshore India. The Vashishta & S1 fields are located in the KG Basin, 30 to 35 kilometers off the east coast of India, at a water depth of 250 to 700 meters. JDR’s scope […]

  • 23 February 2016
    Project & Tenders

    McDermott International has signed a long-term agreement with L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Larsen & Toubro, focused on subsea projects offshore the east coast of India. “This exclusive agreement further strengthens the relationship between McDermott and LTHE, both companies that have successfully cooperated on several earlier projects in India and, more […]

  • 23 February 2016
    Business & Finance, Equipment

    McDermott, a provider of integrated engineering, procurement, construction and installation (EPCI) services, has signed a long-term exclusive agreement with L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Larsen & Toubro, focused on subsea projects offshore the east coast of India. “This exclusive agreement further strengthens the relationship between McDermott and LTHE, both companies that […]

  • 1 March 2018
    Operations & Maintenance, Project & Tenders

    Maersk Supply Service’s Stingray-class newbuild subsea support vessel, Maersk Installer, has completed its first contract with McDermott. Maersk lnstaller joined the project in January 2018, supporting the Vashishta development off the East Coast of India. This is part of an ongoing development project by India’s oil and gas exploration and production company, Oil and Natural Gas Corporation. “This […]

  • 22 November 2018
    Operations & Maintenance, Project & Tenders

    Modus Seabed Intervention has completed trenching of the ONGC Vashishta pipelines and umbilical offshore India for McDermott International. The scope of work included the trenching and surveying of two 18km long pipelines with outside diameters of up to 579mm, and a 24km long 284mm outside diameter umbilical, down to a maximum trench depth of 2 […]

  • 25 July 2017
    Business & Finance

    Houston-based engineering, procurement, construction and installation company McDermott posted higher quarterly profit and revenues boosted by increased activity.  The company in a report on Tuesday posted a net income of $36.4 million for the second quarter of 2017 as opposed to $20.7 million profit for the prior-year second quarter. Further according to the report, the company’s […]

  • 1 April 2020
    Operations & Maintenance

    The largest subsea project in India, developed by ONGC in the Krishna Godavari Basin, has achieved early first gas, contractor McDermott said. The project brings together Baker Hughes, McDermott and L&T Hydrocarbon Engineering (LTHE) to provide ONGC with end-to-end project delivery. The integrated subsea package includes the supply of all subsea production systems (SPS), including 26 […]

  • 25 July 2017
    Business & Finance, Operations & Maintenance

    Houston-based McDermott posted quarterly profit of $36.4 million, or 13 cents per fully diluted share, compared to $20.7 million profit, or 7 cents per fully diluted share same time last year. The company had no adjustments, compared to an adjusted net income of $22.8 million, or $0.08 per adjusted fully diluted share, in the prior-year […]

  • 22 August 2016
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    GE Oil & Gas has been awarded a multi-million dollar frame agreement by Oil and Natural Gas Corporation Limited (ONGC). Under the agreement, GE will provide an estimated 55 subsea wellheads over next three years for the operator’s offshore drilling campaign, in shallow to medium waters offshore India. Ashish Bhandari, CEO-South Asia at GE Oil […]

  • 11 December 2018
    Business & Finance

    UTEC has been awarded a subcontract by McDermott for a series of survey work scopes offshore eastern India.

  • 21 December 2015

    A consortium formed by U.S oilfield services provider McDermott and India’s L&T Hydrocarbon Engineering (LTHE) has won a contract covering the engineering, procurement, construction and installation of major subsea field infrastructure for the Vashishta and S1 Development Project, a greenfield deepwater development off India’s East coast. The scope of work includes supply and installation of a series of […]

  • 20 April 2018
    Project & Tenders

    India’s ONGC has started commercial production at its Onshore Gas Terminal Plant in Odalarevu, Andhra Pradesh by processing gas from three offshore wells. 

  • 21 December 2015
    Business & Finance, Operations & Maintenance, Project & Tenders

    McDermott and India’s Larsen & Toubro (L&T) have been awarded a contract covering the engineering, procurement, construction and installation of major subsea field infrastructure for the ONGC Vashishta and S1 Development Project, a greenfield deepwater development off India’s east coast. A consortium of McDermott and L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Larsen & […]

  • 22 August 2016
    Business & Finance, Equipment

    GE Oil & Gas has entered into a frame agreement by Oil and Natural Gas Corporation Limited (ONGC) India for 55 subsea wellheads for the company’s drilling campaign offshore India. GE said on Monday that the contract further expands a long cooperation between the two companies spanning for more than 30 years. GE has supplied ONGC […]

  • 25 April 2017
    Business & Finance

    McDermott, an engineering, procurement, construction and installation company, returned to profit in the first quarter of 2017 despite decrease in revenues.  The company on Tuesday posted earnings attributable to McDermott stockholders of $21.9 million for the first quarter of 2017, compared to a $2.2 million net loss in the corresponding period of 2016. There were […]

  • 28 November 2016
    Operations & Maintenance

    L&T Hydrocarbon Engineering, a wholly owned subsidiary of Larsen & Toubro, unveiled high-tech spool base facilities at L&T’s fabrication facility at Kattupalli, in Chennai. These facilities are being employed to execute a lump sum turn key (LSTK) contract that has been secured from ONGC for a subsea installation by a consortium of J. Ray Mc Dermott, Berlian McDermott […]

  • 28 November 2016

    L&T Hydrocarbon Engineering, a wholly owned subsidiary of India’s Larsen & Toubro, has unveiled a high-tech spool base at L&T’s fabrication facility at the Kattupalli yard in Chennai, India. L&T said on Friday that the facilities would be used to execute a lump-sum turnkey contract awarded by ONGC for a subsea installation by a consortium […]