DeepOcean wins Equinor marine services contract

Equinor and ocean services provider DeepOcean have entered into a frame agreement for subsea intervention and repair for offshore renewables and oil and gasfields, DeepOcean announced on Thursday.

The agreement covers marine services related to pipelines, structures and high-voltage cables and is valid for work on the Norwegian continental shelf and internationally for planned Equinor work and contingency work for PRSI pool members.

The initial duration of the contract is four years, with an option to extend the engagement for up to four additional years. Financial terms of the deal were not disclosed.

Work may also include engineering or preparedness studies, as well as the use of remote operated intervention methods. The first call for work under the agreement has been on behalf of Gassco for seabed preparations and complex remote hot tap tie-in operations at three different locations on the Norwegian continental shelf.

“Such a long-term agreement allows us to constantly evolve working methods, collaboration models and technologies, with the objective of making offshore operations and subsea cable repair work as cost-effective as possible,” DeepOcean managing director of European operations Olaf A. Hansen said.

 

 

Photo courtesy of DeepOcean

Recent Posts

Saipem wins work for $3.7 billion in Angola’s Kaminho project

Saipem has been awarded three new contracts by TotalEnergies EP Angola Block 20 relating to the development of the Cameia… Read More

2 hours ago

TotalEnergies launches Kaminho project in Angola

TotalEnergies announced on Tuesday it has made a FID on the Kaminho deepwater project in Angola Read More

2 hours ago

BW Energy makes substantial oil discovery offshore Gabon

BW Energy has made a substantial oil discovery in the DHIBM-7P pilot well of the Hibiscus field offshore Gabon, the company… Read More

8 hours ago

ADNOC buys stake in Texas LNG project

ADNOC has acquired an 11 Read More

1 day ago

Aramco signs three MoUs to develop low-carbon tech

Saudi Aramco has signed three MoUs with US companies to advance the development of potential lower-carbon energy solutions, the company… Read More

1 day ago

Iberdrola to triple offshore wind assets to $18 billion

Spain's Iberdrola plans to triple its offshore wind assets in the coming years, bringing their value to USD 18 billion,… Read More

4 days ago

This website uses cookies.