Ocean Installer secures yet another offshore construction vessel

Published:

Mar 30, 2012

Author:

Ocean Installer

PRESS RELEASE
30th March 2012

Ocean Installer has signed a contract with Solstad Offshore ASA (SOFF) for the hire of SOFF’s offshore construction vessel (CSV) “Normand Mermaid”.

The contract duration is 5 years with further 5 x 1 year option. The contract commences on the 1st of March 2013. Normand Mermaid is a medium sized global capacity CSV built in 2002. The vessel is well suited for subsea construction work in both deep and shallow waters.

– We are very pleased that we will have this highly efficient vessel at our disposal. This contract is in line with our strategy of providing our clients with first rate assets and technology, and confirms the relation being built between SOFF and Ocean Installer, says Steinar Riise, CEO of Ocean Installer.

Ocean Installer has already signed a contract with SOFF for the hire of the CVS “Normand Clipper”. The contract duration is 5 years with further 5 x 1 year option. The contract commences in Q2 2012. Normand Clipper was built in 2001 and extensively upgraded in 2005. The vessel is a global capacity vessel specifically designed for shallow and deep water operations.

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About Ocean Installer
Ocean Installer is a Norwegian subsea entrepreneur headquartered in Stavanger, Norway.
The company, which is a solid subsea entrepreneur in the North Sea basin, is experiencing considerable growth and is expanding further in the international SURF (Subsea, Umbilicals, Risers, Flowlines) market.

For more information see: www.oceaninstaller.com

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