Ocean Installer awarded premier oil contract

Published:

Sep 25, 2012

Author:

Ocean Installer

PRESS RELEASE
25
th of September 2012 

Premier Oil plc (Premier) has awarded Ocean Installer a contract to perform offshore survey operations in support of the development of the Solan oil field..

– We are very pleased to have been awarded our first offshore contract with Premier. Adding to our growing client base, this contract illustrates that Ocean Installer is capable of providing rapid and efficient solutions in line with clients’ needs, says Steinar Riise, CEO of Ocean Installer.

The work is scheduled to take place in September-October and Ocean Installer will make use of the highly efficient long-term chartered construction support vessel (CSV) Normand Clipper.

The Solan field is located in the UK North Sea, west of the Shetland Islands (block 205/26a), at a water depth of approximately 137 metres. Premier is the operator of the Solan field, where production is estimated to commence in the fourth quarter of 2014.

-END-

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About Ocean Installer
Ocean Installer is a Norwegian subsea entrepreneur headquartered in Stavanger, Norway. 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 two construction support vessels (CSV): Normand Clipper and Normand Mermaid. A third CSV, in which Ocean Installer has ownership, is under construction and is to be delivered in Q2 2014. 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

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