A Gulf of Mexico operating company has awarded Danos a contract for construction operations on two shelf assets, located approximately 80 miles off the coast of Louisiana, the company said on July 8. Work for the contract, which began in May, is expected to last through the end of 2021.
26 Danos personnel are employed for the project, working on a 14-day on, 14-day off rotation schedule. The crews will provide general maintenance and repairs necessary to sustain the harsh environment the Gulf presents.
“Danos is pleased to work with a valued customer in this capacity, and we look forward to continuing to provide excellent service for our partners,” said CEO Paul Danos. “We are encouraged by the recent uptick in industry activity and excited about the future of offshore energy.”
Danos has approximately 230 employees on its construction team, 10% of its total employee base. The company offers both land and offshore construction in addition to automation, coatings, fabrication, instrumentation and electrical, intelligent integrated materials solutions, mechanical maintenance, production workforce, project management, regulatory compliance, scaffolding and rope access, shorebase and logistics, specialized consultants, and valve wellhead.
Recommended Reading
Venture Global's LNG Tanker Heading Towards Germany, LSEG Data Shows
2024-12-26 - U.S. LNG company Venture Global LNG's tanker Venture Bayou is currently stationed at the Plaquemines LNG export plant.
US NatGas Prices Hit 23-Month High on Increased LNG Feedgas, Heating Demand
2024-12-24 - U.S. natural gas futures hit a 23-month high on Dec. 24 in thin pre-holiday trading.
Oil Prices Rise in Thin Pre-Holiday Trade
2024-12-24 - Supply and demand changes in December have been supportive of oil price's current less-bearish view so far, analysts say.
Steelhead Seeks Damages from Pembina, ARC Resources, Cedar LNG
2024-12-24 - Steelhead LNG said it has filed legal proceedings against Cedar LNG, Pembina Pipeline Corp. and ARC Resources related to improperly exploited information, Steelhead said.
Golar LNG Buys $90MM Stake in FLNG Hilli
2024-12-24 - Golar LNG has purchased Seatrium’s and Black & Veatch’s minority ownership in the asset, which represents 8% of FLNG Hilli’s full capacity.