Subsea services company Ocean Installer has won two subsea umbilicals, risers and flowlines (SURF) contracts from Statoil for several fields offshore Norway.
The work, which will last until 2020, will take place on the Snorre, Troll, Njord, Åsgard, Bauge, Fenja and Dvalin fields.
The first contract is for subsea lines modification (SLM) which is set to commence in Q2 of this year.
Under the second contract, Ocean Installer will carry out SLM work under Statoil’s Marine Wave scheme.
Offshore operations are scheduled for the 2019 and 202 seasons with options to broaden the scope.
CEO Steinar Riise said: “We continue to build on the excellent working relationship we have with Statoil. Our track record has proven that we are capable of delivering efficient subsea solutions, especially handling complex installations. Hence, we are pleased with the trust that Statoil has given to Ocean Installer by award of this contract.
“The subsea industry is bouncing back, and we are well positioned to take advantage of the contracts currently in the market. Our flexible, professional and innovative organization is delivering on a very high level,”
Project management for both contracts will be handled by Ocean Installer’s Stavanger office.
Recommended for you
Read the latest opinion pieces from our Energy Voice columnists
- Opinion: Changed days for operators and the supply chain?
- Does the UK’s subsea industry actually belong to the UK?
- Opinion: Ruling finally gives clarity over evidence for North Sea prohibition appeals
- Opinion: Scrap the shady underbelly of offshore industry
- Can The Shale Boom Avoid These Bottlenecks?