PRESS RELEASE
11th of September 2015

Ocean Installer has been awarded a contract for deep water UFR (umbilicals, flowlines, risers) installation work with Total E&P Congo at the Moho Nord field off the coast of the Republic of Congo.

The contract is Ocean Installer’s first major operation in West Africa following the creation of the Africa, Mediterranean and Middle East regional office in the second half of 2014.

“We are delighted to have been chosen for this job in a very competitive market and we are looking forward to cooperate with Total E&P Congo on this complex project. The award reflects our efforts over the last 12 months to bring our proven track record to the African market and validates our geographical expansion strategy,” says Steinar Riise, CEO of Ocean Installer.

The project will see Ocean Installer install and pre-commission an umbilical, Multi-Phase Pump (MPP), flying leads and spools in water depths of around 1,000m. The scope includes project management, engineering and logistics, in addition to offshore work.

The project will be managed from the Ocean Installer Stavanger Head office, whilst the high capacity DP3 Construction Support Vessel Normand Vision will be utilised for the offshore execution. She is equipped with a 150Te Vertical Lay Spread (VLS), a 400Te active heave compensated crane and two work class remotely operated vehicles from Oceaneering, making her an ideal vessel to meet the high specification requirements for the project.

The Moho Nord field is located 75km off the coast of the Republic of Congo in water depths ranging from 450 to 1200 metres. Total E&P Congo holds the operatorship.

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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