PRESS RELEASE
16th of March 2016

 

Statoil has exercised an option with Ocean Installer for flexible jumper replacement at the Vigdis field. The option falls under an amendment to the previously awarded SLMP Marine Installation contract.

The SLMP amendment was signed in December 2015 and covered riser replacement operations at the Troll C field. The option now exercised comprises the replacement of a flexible jumper at the Vigdis field and the work scope includes project management, engineering and marine operations.

“We are happy to see that Statoil continues to make use of options inherent to existing contracts, further strengthening our cooperation. In the current market this type of work is important to maintain a steady activity level and it proves that an unwavering focus on delivering in existing projects pays off,” says Ocean Installer CEO Steinar Riise.

Ocean Installer will utilise its state of the art construction support vessel (CSV), Normand Vision, as she is particularly well suited for this type of operations. Project preparations started in February and offshore work will take place in June.

Vigdis is located in block 34/7 in the Tampen area of the Norwegian North Sea and came on stream in 1997. Water depth is approx 280 meters.

-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