PRESS RELEASE
20 of June 2017

Ocean Installer has been awarded a SURF project at the Al Jurf oil field in the Mediterranean. Client is Mabruk Oil Operations, a Joint Venture (JV) between Total E&P and the National Oil Cooperation (NOC) of Libya.

The work scope encompasses the replacement of a 10” flexible flowline between a fixed drilling and production platform and a Floating, Production, Storage & Offloading unit, the Farwha FPSO.

“We are very happy with this award and the opportunity to continue to develop our solid working relationship with Total E&P, or as in this case a Total E&P Joint Venture, further. The award also contributes to strengthen our foothold in the Mediterranean, proving our strategy of continued geographical expansion successful,” says Steinar Riise, CEO of Ocean Installer.

The project will be managed from Ocean Installer’s Stavanger and Aberdeen offices in cooperation with Mabruk Oil Operations and onshore engineering will commence with immediate effect. Mobilisation and offshore operations are scheduled for Q3-Q4 2017.

The Al Jurf oil field came on stream in 2003 and is located about 150 km northwest off the coast of Tripoli, Libya, at a water depth of approximately 80-90 meters. The field is operated by Mabruk Oil Operations, a Joint Venture (JV) between Total E&P and the National Oil Cooperation (NOC) of Libya.

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About Ocean Installer

Ocean Installer is a subsea company headquartered in Stavanger, Norway and with offices in Aberdeen, Houston, Dubai, Perth, Mexico City and Rio de Janeiro. 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 in place long-term charters on two construction support vessels (CSV): 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