PRESS RELEASE
29th of September 2014

Ocean Installer has been awarded a contract for SURF support work in Brazil for Saipem. The contract which will see the Normand Clipper in Brazil for 8 months is valued at circa USD 50 million, with options to extend.

Ocean Installer will support Saipem with their installation of multiple Steel Catenary Lazy Wave Risers, Free Standing Hybrid Risers and Export Pipelines for the Iracema and Pre-Salt projects in the Santos Basin Pre-Salt Area for Petrobras. The scope of work includes a wide range of services including survey, TDP monitoring, metrology, installation aid deployment / recovery and pre-commissioning.

Ocean Installer will make use of the efficient long-term chartered construction support vessel (CSV) Normand Clipper, which is well suited for both shallow and deep water operations. The vessel has a DP class 2 system, 250t crane capacity and 1700 m² deck.

“We are pleased that Saipem selected Ocean Installer to assist on the Iracema and Pre-Salt projects for Petrobras, and we are looking forward to joining efforts with them on this work to execute the project in a safe, high quality and efficient manner”, says Mike Newbury, President of Ocean Installer in the US.

The Normand Clipper will be mobilizing in October in the Gulf of Mexico (GoM) before transiting to Brazil to start the work.

-END-

Download PDF

About Ocean Installer

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