PRESS RELEASE
22th of July 2016

Ocean Installer has been awarded a turnkey project for procurement and installation of a spread mooring chain system for a Floating Storage Unit (FSU) in Malta.

The mooring installation and hook-up takes place in Marsaxlokk Bay, where the FSU will be providing re-gasified LNG for the fueling of electricity generators onshore at Delimara power station. The client is ElectroGas Malta.

“With this project, we further consolidate our position as a provider of competitive mooring services, and again proving that our strategy of casting a wider net in a challenging market is successful,” says Steinar Riise, CEO of Ocean Installer.

The project will be managed from Ocean Installer’s offices in Stavanger and Aberdeen and onshore engineering will commence with immediate effect.

-END-

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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

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Ocean Installer is a Norwegian subsea contractor with a global horizon that delivers full EPCI (Engineering, Procurement, Construction and Installation) services within the area of marine and subsea operations.

Quality, efficiency and safety are at the heart of everything we do and we are continuously investing in and developing our assets and expertise.
HEAD QUARTER
Stavanger, Norway
Ocean Installer AS
Forusparken 2
P.O. Box 8070
N-4068 Stavanger