DeepOcean clinches long-term deal with Equinor

Subsea services provider DeepOcean has been awarded a long-term contract involving subsea life of field services on Equinor-operated fields.

The award covers onshore project management, engineering and offshore operations utilizing a variety of vessels from DeepOcean’s fleet, the company informed on Friday.

The subsea company further explained that offshore operations may include Life of Field services such as standard inspection and survey work involving use of work class and observation class ROVs, installation and replacement of subsea modules and X-mas trees using module handling systems as well as scale squeeze operations and installation of structures.

The contract with Equinor, which changed its name from Statoil earlier this week, is on a call-off basis and it has a firm duration of five years, starting in January 2019.

Rolf Ivar Sørdal, DeepOcean’s Commercial Director for Subsea Services, said: “The introduction of new technologies and digitalization is creating radical improvements within this business and our innovative attitude coupled with long experience and field knowledge will allow DeepOcean to offer exciting solutions to the subsea operations Equinor will require in the coming years.”