The frame agreement is valid for a firm five-year period, plus five optional periods of one-year each, maximum ten years in total. The agreement covers subsea IMR work on the UK continental shelf for which DeepOcean will also provide associated project management and engineering support.
“Subsea IMR represents the core of DeepOcean’s competence, technology and tool pool, which is tailored to help operators conduct subsea operations as safely and cost-efficiently as possible. We look forward to developing a strong relationship with the client, that has a broad UKCS portfolio, over the coming years,” says Øyvind Mikaelsen, CEO of DeepOcean.
Two call-offs have already been successfully executed offshore since the award, demonstrating DeepOcean’s ability and agility to deliver fast-track scopes of work.
“We are delighted to have been selected as a long-term partner for the provision of Diverless IMR services in the UKCS. This contract was a key target for DeepOcean and we believe the award acknowledges our team’s expertise, our diverless technology and tooling, and the innovative solutions we can offer into the IMR market,” adds Robin Mawhinney, Managing Director, DeepOcean UK.
DeepOcean will manage deliveries under the frame agreement from its office in Aberdeen, UK.
