Ocean Installer has been awarded a SURF (Subsea structures, Umbilicals, Risers, Flowlines) contract for subsea lines modification work at several Statoil operated fields on the Norwegian Continental Shelf. The total contract value (firm) is approx. USD 55 million and with an additional potential (options) of approx. USD 95 million, the Company said in a press release.
The work scope comprises marine operations for replacement/installation of flexible risers, flowlines, jumpers, structures, and umbilicals, including all associated tie-in activities. Work locations are offshore installations at Statoil operated fields on the Norwegian Continental Shelf.
Project management and engineering will be based at Ocean Installer’s headquarter in Stavanger and commence with immediate effect, contributing to the further development of the Ocean Installer Stavanger organisation. Offshore operations will take place during the summer season of 2014, 2015, 2016 and potentially 2017. The new state of the art large construction support vessel (CSV), Normand Vision, will be utilised as the main installation vessel, with the possibility of a light construction support vessel also being employed.
About Ocean Installer
Ocean Installer is a subsea company headquartered in Stavanger, Norway and with offices in Aberdeen and Houston. Ocean Installer holds strong EPCI expertise within the SURF (Subsea, Umbilicals, Risers, Flowlines) segment and is rapidly expanding its operations and organisation within and beyond the North Sea basin.
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