Hallin Marine, the AIM quoted provider of subsea solutions to the oil and gas industry, announces that it has been awarded a two year US$15 million contract by construction giant Leighton to supply saturation diving support for the 2009/2010 and 2010/2011 seasons for the Pipeline Replacement Project (PRP2) offshore Mumbai, India.
Following the completion of a successful 2008/2009 campaign for Leighton, Hallin has been awarded a key saturation diving support contract. The scope of work covered by the contract includes the provision of a diving system and personnel for subsea construction work activities for the next two years.
The contract will see Hallin deploy a saturation diving system, equipment, consumables and skilled diving personnel on board a client designated construction barge for the PRP2 project for each season of the two year long contract.
The Oil and Natural Gas Corporation Ltd (ONGC), Asia‘s largest oil and gas exploration and production company, has placed orders with Leighton for the US$720 million PRP2 contract.
The ONGC contract covers the supply and installation of more than 220km of rigid and flexible oil and gas pipelines and associated topsides facilities for more than 40 segments over 3 years, some 160km offshore Mumbai.
The scope of the work varies somewhat from that of the first successful year as the project has progressed and this contract, for the second and third year’s work, will run through to June 2011.
Jon Attenburrow, Hallin East Division MD, said:
“We are extremely pleased to be awarded the second and third years’ work with Leighton on this prestigious project. The scope and nature of the work involved ideally suits our assets, expertise and diving personnel and we look forward to a successful project ahead.”