Ocean services provider DeepOcean been awarded two contracts by Equinor for the Irpa and Verdande field developments, located in the Norwegian Sea. The two projects will be executed in a consortium between DeepOcean and Subsea7.

Project management and engineering will commence immediately at DeepOcean’s office in Haugesund, Norway. Offshore operations are planned to take place in 2024, 2025 and 2026 utilizing both Subsea7’s and DeepOcean’s fleet of vessels.

DeepOcean’s share of the contract has a value above USD 60 million.

“We have learnt to know Equinor through many years of close collaboration with their organization and multiple operations on the Norwegian continental shelf. They are a demanding but fair operator that constantly challenges us suppliers to further improve safety and reduce emissions and operating costs. We consider winning this contract as a confirmation that we are doing the right things,” says Olaf Hansen, ManagingDirector – Europe, at DeepOcean.

The Irpa field development project, located in the Aasta Hansteen area at 1,350 metres water depth, involves a subsea tieback of approximately 80 kilometers to the Aasta Hansteen FPSO. The contract scope includes engineering, transportation and installation of a MEG pipeline, a production riser, umbilical, subsea structures and tie-ins.

The Verdande field development project, located in the Nordland Ridge area, involves a subsea tieback to the existing Skuld field and Norne FPSO facilities. The contract scope includes engineering, transportation and installation of a kilometer pipe-in-pipe production pipeline, umbilical, flexibles, subsea structures and tie-ins.

DeepOcean is a world-leading ocean services provider, enabling energy transition and sustainable use of ocean resources. The company delivers subsea services within oil and gas, removal and recycling of subsea infrastructure, offshore renewables, mining of marine minerals, and to other ocean-based industries.

About DeepOcean

DeepOcean is a world-leading ocean services provider, enabling energy transition and sustainable use of ocean resources, offering survey, engineering, project management, installation, maintenance, and recycling services for oil and gas, offshore renewables, deep sea minerals, and other ocean services.

Across the global offices, DeepOcean is a trusted independent solutions provider with highly skilled industry experts, using world-class fit-for-purpose tools and technology to drive cost-efficient and safe operations. The company delivers innovative engineering solutions focusing on remote and unmanned operations and digitally-enabled services while continuously striving to lower the carbon footprint.

About Equinor

Equinor (OSE:EQNR, NYSE:EQNR), is an international energy company with a proud history. Formerly Statoil, we are 20,000 committed colleagues developing oil, gas, wind and solar energy in more than 30 countries worldwide. We’re the largest operator in Norway, among the world’s largest offshore operators, and a growing force in renewables. Driven by our Nordic urge to explore beyond the horizon, and our dedication to safety, equality and sustainability, we’re building a global business on our values and the energy needs of the future.

About Subsea 7

Subsea 7 is a global leader in the delivery of offshore projects and services for the evolving energy industry, creating sustainable value by being the industry’s partner and employer of choice in delivering the efficient offshore solutions the world needs. Subsea 7 is listed on the Oslo Bors (SUBC).