PRESS RELEASE
16th of June 2015

Ocean Installer has been awarded its first call-off contract under a framework agreement with ExxonMobil Exploration & Production Norway AS (EEPNAS) for subsea well tie-back, engineering, IRM, ROV and associated services at the Balder field.

The call-off contract comprises fabrication and installation of EDU (Electrical Distribution Unit) mud mat, transportation and installation of an 8” production flexible jumper with 2.5” gas lift jumper (piggyback) and several hydraulic and electrical flying leads. The contract also includes an option to perform a similar work scope in Q2 2016.

The project is managed from the Ocean Installer Stavanger office. Onshore preparations started mid-April 2015 and offshore work will take place in July 2015. Ocean Installer will be utilizing the Normand Mermaid for the installation work offshore.

– We are pleased to be back at the Balder field, having performed work here also in 2012 and we are looking forward to continue our cooperation with ExxonMobil, says Steinar Riise, CEO of Ocean Installer.

The Balder field is located in blocks 25 / 10 and 25 / 11 in the Norwegian sector of the North Sea approx. 190 km west of Stavanger, Norway at a water depth of 125 m.

-END-

Download as pdf

About Ocean Installer

Ocean Installer is a subsea company headquartered in Stavanger, Norway and with offices in Aberdeen, Houston, Mexico City, Perth, Dubai and Rio de Janerio. 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.

Ocean Installer provides its clients with recognised first-rate assets and has secured long-term charters on three construction support vessels (CSV): Normand Clipper, Normand Mermaid and Normand Vision. Ocean Installer will continuously invest and develop its assets to fulfill its ambition to be a key service provider within the SURF segment.

Ocean Installer is majority-owned by HitecVision, a leading investor in the oil and gas industry.

Ocean Installer holds FPAL- and Achilles certifications, with systems established in accordance with the requirements set out in ISO 9001, 14001, 18001 and 31 000 standards.

For further information, please visit: www.oceaninstaller.com