DeepOcean AS, a subsidiary of DeepOcean Group Holding BV (DeepOcean), has been awarded a significant contract for performing riser replacement and construction work in the North Sea and the Norwegian Sea.
The firm and optional scope of work comprises complex marine operations for replacement, installation and recovery of subsea lines and installation work at the Njord, Kristin, Troll C and Åsgard offshore fields. Onshore engineering and preparatory work will commence early 2018, offshore execution is set for 2019 and 2020. The onshore project team will work out of DeepOcean’s offices in Haugesund and Stavanger, Norway.
DeepOcean’s Commercial Director for Subsea Services, Rolf Ivar Sørdal, said: “DeepOcean has throughout 2016 and 2017 successfully performed complex and demanding subsea operations for Statoil and the construction vessel Edda Freya has introduced a new benchmark for efficiency and operability in SURF operations to the market. We believe this contract honours our achievements and further strengthens our solid relationship with Statoil. We are looking forward to further continuing our journey and work together with Statoil to ensure the project is successfully and safely executed.”
About DeepOcean
DeepOcean is an integrated provider of safe, high quality, innovative services and technologies for the subsea industry. Demonstrating an extensive track record, DeepOcean offers a breadth of subsea services including Survey and Seabed-mapping, Subsea Installation, Seabed Intervention, Inspection, Maintenance and Repair (IMR), and Decommissioning.
About Statoil
Statoil ASA (OSE: STL, NYSE: STO) is an international energy company with operations in more than 30 countries, present in several of the most important oil and gas provinces in the world. Building on more than 45 years of experience from oil and gas production on the Norwegian continental shelf, we are committed to accommodating the world's energy needs in a responsible manner, applying technology and creating innovative business solutions. Statoil is among the world's largest net sellers of crude oil and condensate, the second-largest supplier of natural gas to the European market, and we also have substantial processing and refining operations. Statoil’s equity oil and gas production is around 2 million barrels oil equivalent per day. Statoil has contracted a fleet of around 90 ship for transportation of oil and LNG.
Statoil is headquartered in Norway with 21,000 employees worldwide, and is listed on the New York and Oslo stock exchanges.