DeepOcean Secures Statoil Subsea Contract

Press Release
Monday, December 31, 2012

DeepOcean AS, a subsidiary of DeepOcean Group, contracted to provide offshore light construction and survey services for Statoil.

The estimated value of the contract is NOK 100-million.

The frame agreement includes services covering light construction services, seabed mapping with hull mounted Multi Beam Echo sounder (MBE) and ROV based construction support, seabed mapping and pipeline inspection services.



As part of this contract, Statoil has awarded DeepOcean a call-off for 6 month operations in 2014. The call-off further includes options to extend the firm period with up to 6 additional months.

The project will be executed from the survey and light construction support vessel Volstad Surveyor and it will be managed by an onshore project team in DeepOcean’s Haugesund office.



“This contract is of great importance to our company and we are pleased to learn that Statoil will continue working with us also in 2014. At the moment we are in the end of the similar campaign for 2012, we have already been awarded the 2013 contract, and now we are awarded a similar scope for 2014.  This award shows the confidence Statoil has in our offshore and onshore teams and the quality of work we deliver," says Mads Bardsen, the President of DeepOcean AS.



DeepOcean is an integrated provider of services and technologies for the subsea industry, offering a breadth of subsea services including Survey and Seabed-mapping, Subsea Installation, Seabed Intervention, Inspection, Maintenance and Repair (IMR), and Decommissioning.



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