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Lastly, Technip has just crossed a new milestone in spar deployment with the recent signature of a contract with Murphy Oil for the construction of a spar for the Kikeh field, in Malaysia.
Spar has already completed a roll-out of concessions to 19 Woolworths General Store c-stores since the start of March, after Woolworth's dropped its previous supplier Booker.
Ray McDermott and its subsidiary, Mentor Subsea Technology Services, have received contracts valued at approximately $65 million to perform work on the Boomvang project, a Gulf of Mexico deepwater spar development for Kerr-McGee Oil & Gas Corp.
Ray McDermott will be responsible for fabrication of the topsides production facility and offshore installation of the Nansen spar.
The spars program represents the continuous efforts of The Gloucester Adventure, Inc.
Sales for Spars in the latest fiscal year exceeded six million dollars with cash flows in excess of eight hundred thousand dollars.
The commitment of Chevron to spar technology confirms our belief that this is an attractive option for many deepwater developments.
A spar can serve as a drilling and/or production platform with the capability of storing large volumes of crude oil.
Summary: SPAR, which opened its first Supermarket in Oman in the last week of January 2015, will have four stores by the end of 2015 with new ones to be opened at Madinat Al Qaboos and near The Wave-Muscat, says M Sridhar, CEO, SPAR Oman in an interview with Oommen John P
Utility payment network provider Payzone has opened a new front in its battle with rival PayPoint after winning a contract to supply Spar stores across the UK.