Royal Boskalis Westminster N.V. (Boskalis) has signed a multi-year subsea services agreement in the Middle East. The base value of the three-year contract amounts to US$40 million with an option to extend.
Under the terms of the contract commencing, Boskalis will carry out a broad spectrum of subsea IRM services including integrity assessments for offshore platforms and tripods, wellhead jacket inspections, integrity assessments and inspections of pipelines and light ad-hoc construction work.
Boskalis will deploy the diving support vessel BOKA Constructor with ROV for this contract, fully crewed with air diving/ROV teams and options for saturation diving.
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/08012019/boskalis-signs-multi-year-subsea-services-contract-in-middle-east/
Analysis of the logs, use of offset comparison data and cut-offs, in conjunction with advanced wireline tools has indicated an increase in net pay of 17 m, which brings the total net pay to 58 m using the cutoffs from the nearby Waitsia field.