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October 30, 2017

DeepOcean secures contract from Aker BP

DeepOcean Group Holding’s subsidiary DeepOcean has signed an agreement to offer subsea inspection, maintenance, and repair (IMR) services to Aker BP ASA’s assets offshore Norway.

DeepOcean Group Holding’s subsidiary DeepOcean has signed an agreement to offer subsea inspection, maintenance, and repair (IMR) services to Aker BP ASA’s assets offshore Norway.

The contract, which will run for an initial period of three years, is estimated to cost Nkr300m ($37m) and the company has the option to secure an extension of an additional six years.

Under the agreement, DeepOcean is required to provide services covering subsea operations for all fields operated by Aker BP on the Norwegian Continental Shelf, including onshore planning, engineering and project management services.

DeepOcean commercial director Rolf Ivar Sørdal said: “DeepOcean is dedicated to provide safe and efficient operations and we are extremely proud that our performance for Aker BP over the past two years is recognised through this new award.

“We are looking forward to continue our relations with Aker BP and work closely with them to identify further optimisations.”

“It also demonstrates again that DeepOcean can deliver commercially attractive solutions to our customers.

“We are looking forward to continue our relations with Aker BP and work closely with them to identify further optimisations, implementing new technology and operational innovation.”

The contract also comprises a binding minimum work volume a year and in order to comply with the requirement, DeepOcean is expected to employ various vessels in its fleet to carry out the work.

Assets operated by Aker BP include Valhall, Ula, Ivar Aasen, Alvheim, Tambar, Hod and Skarv.

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