DeepOcean has been awarded a $265million (1.5billion NOK) contract with Statoil, claiming that this secures the company’s position as the leading subsea IMR (inspection, maintenance & repair) contractor in Norwegian waters.
With options, the arrangement could be worth $440million (2.5billion NOK).
This is the largest contract in the history of the company since it was founded in 1999. The deal covers a firm period of five years starting in Q1 2014 and with options for another three years.
It covers subsea inspection, maintenance and repair (IMR) services on all Statoil operated fields on the Norwegian Shelf, from the southern part of the North Sea to the Barents Sea in the north.
The contract includes delivery of a purpose-built vessel for subsea IMR services as well as onshore project management and engineering services.
“This is a great day for DeepOcean,” said Mads Bårdsen, the company’s general manager.
“Ever since we were awarded the first IMR contract back in 2006, DeepOcean has been focusing on providing first-class IMR services to Statoil and other key customers.
“We are pleased to learn that Statoil yet again has chosen DeepOcean. Our goal is that our brand should be synonymous with well-planned and well-performed operations, executed with high focus on safety, efficiency and innovative engineering.”
Bårdsen highlighted the criticality of vessel utilisation and flexibility for this kind of work and the fact that clients pay a lot of attention to such issues.
“We are often challenged on what operations can be performed from our IMR vessels. In 2012, we performed a subsea ‘Xmas’ tree installation with our IMR vessel Edda Fauna.
“It was a true milestone event for both Statoil and DeepOcean as this was the first time this kind of operation was performed by one of Statoil’s IMR vessels,” he said.
DeepOcean will provide a MT6022 design vessel under this contract. The ship will be built in Norway at the Kleven yard by REM Maritime in Q1 2014.
The design is tailored for IMR operations and the vessel will be equipped with an integrated module handling tower, two work class and one observation class ROV, as well as a 150-tonne offshore crane. The vessel will also be capable of working in the Arctic.
“IMR vessels are important tools for maintaining oil and gas production on the Norwegian Continental Shelf,” said Bårdsen.
“With this expansion of our IMR fleet, we are well prepared to support Statoil’s daily operations in the producing fields, and their developments into deeper waters and towards northern regions.
“We look forward to continuing our successful partnership with Statoil,” he added.
Recommended for you
