Fugro has received a contract award from Petronas for the provision of positioning services for an exploration program in Block 52.
Fugro announced Tuesday that it has received a contract award from Petronas Suriname E&P B.V. (PSEPBV), a subsidiary of Petronas, for the provision of positioning services for an exploration program in Block 52, which is located in the Guyana-Suriname Basin.
The two year deal will see Fugro help ensure safe and efficient transit, anchoring and drilling activities for the program’s semi-submersible rig and support vessels, Fugro outlined. Work on the contract has already begun.
Executing work as part of the deal in a Covid-19 environment has so far posed multiple operational challenges for Fugro, the company revealed. As an example, the company noted that both Suriname and Trinidad and Tobago’s international borders were closed ahead of the program’s first rig move in October. However, Fugro said its local staff worked with regulators to overcome