Ocean Installer has secured a new Subsea Line Modification (SLM) Project award from Equinor on Åsgard A. This adds more work to the multiple project wins in 2023, including projects on Vigdis, Visund, Åsgard C and Northern Lights, further strengthening their collaboration with Equinor.

The scope of work on Åsgard A covers recovery of two risers, installation of one new riser and flexible jumper and engineering, procurement, and installation of GRP Covers to protect the jumper. Offshore Operations are schedule for fall 2024.

In July 2023 Ocean Installer was awarded SLM Projects on Vigdis, Visund, Åsgard C and a morgrip connection on the new Northern Light CO2 pipeline. The Åsgard A Project was won in a new competitive tender and will now be added to this project portfolio and integrated under the existing project team and executed in continuation with the other work.

Ocean Installer CEO Kevin Murphy:
"I’m very pleased to see that Equinor is adding more work to our SLM portfolio and their continued trust in us for executing these highly complex offshore operations. Integrating this project under the existing project team ensures continuity both onshore and offshore, maximizing the synergies for both Ocean Installer and Equinor.

The short time for engineering and procurement, from contract award to offshore execution this fall, is a testimony to the competence in our organization and close collaboration with Equinor?"

About Ocean Installer

Founded in 2011, we have over 10 years’ experience delivering large and complex subsea projects. From our headquarters in Stavanger, and offices in Oslo, Houston, Aberdeen and Dubai, we have successfully executed more than 100 projects around the globe.

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.