4Subsea in double contract win
- Business & Finance
Subsea technology and services provider 4Subsea has been awarded a master service agreement with Statoil and a contract with Odfjell Drilling on Maria field, offshore Norway.
The contract with Statoil is to deliver services and research projects related to structural integrity of fixed and floating offshore installations and it covers the entire range of 4Subsea’s services; from oil and gas to renewable energy projects, from operational services to research and development, and from digital services and monitoring to traditional engineering.
“Our goal is to provide great value to Statoil both now and in the future, with a digital platform that contributes to increased efficiency of oil and gas operations as well as development of new solutions within offshore wind. To succeed with this goal, we continuously work in the borderland between day to day operational challenges and research. That’s also where 4Subsea has its real strength,” Peter Jenkins, CEO of 4Subsea.
The agreement with Statoil means that 4Subsea will deliver services related to subsea installations from subsea wellheads, drilling and workover riser systems, flexible risers, mooring systems, wellheads, marine systems, and offshore wind farm installations. In addition, 4Subsea works with Statoil on various R&D projects related to both improved operations of oil and gas fields and on new concepts for floating offshore wind turbines.
For Odfjell Drilling, 4Subsea will conduct wellhead integrity monitoring on the rig Deepsea Stavanger’s operations for the coming 12-18 months on Wintershall’s Maria field development.
The scope of work includes monitoring six wells with an option of further two wells. The monitoring system will be installed and prepared for operation in March and the monitoring campaign will start when Deepsea Stavanger starts drilling operations on the Maria field.
The installed SWIM (Subsea Wellhead Integrity Monitoring) system is 4Subsea’s solution for integrity monitoring of subsea wellheads while drilling. Results from the monitoring can be presented on a web page/digital platform, facilitating integrated operations, as onshore wellhead specialists can support decision making during the drilling campaign.