Fossil Energy – Subsea Services
Subsea services provider DeepOcean said Monday it had secured substantial contracts with oil and gas companies Equinor, ConocoPhillips, and BP worth a total of NOK 2 billion ($201.8 million).
The awards involve subsea IMR (inspection, maintenance and repair), subsea construction, removal and recycling of subsea equipment, and subsea survey scopes in the North Sea region, until the end of 2026.
DeepOcean’s technology initiatives include the construction of DeepOcean’s unmanned surface vehicle (USV), use of subsea autonomous inspection drones (AID) as well as making the onshore Remote Operations Centre an integral part of DeepOcean and operators’ offshore operations.
“Energy supply is of great importance, DeepOcean has a large fleet of very capable subsea vessels, and a highly talented workforce to support energy security and the green transition in the energy markets. We are delighted to receive these important awards from some of our key clients both in oil and gas markets and within offshore wind,” Olaf A. Hansen, managing director of DeepOcean’s operations in Europe, said.