Equinor awards DeepOcean $60 million contracts offshore Norway

(WO) — Ocean services provider DeepOcean has been awarded two contracts by Equinor for the Irpa and Verdande field developments, located in the Norwegian Sea. The two projects will be executed in a consortium between DeepOcean and Subsea7.

Project management and engineering will commence immediately at DeepOcean’s office in Haugesund, Norway. Offshore operations are planned to take place in 2024, 2025 and 2026 utilizing both Subsea7’s and DeepOcean’s fleet of vessels.

DeepOcean’s share of the contracts has a value above $60 million.

The Irpa field development project, located in the Aasta Hansteen area at 1,350 m water depth, involves a subsea tieback of approximately 80 km to the Aasta Hansteen FPSO. The contract scope includes engineering, transportation and installation of a MEG pipeline, a production riser, umbilical, subsea structures and tie-ins.

The Verdande field development project, located in the Nordland Ridge area, involves a subsea tieback to the existing Skuld field and Norne FPSO facilities. The contract scope includes engineering, transportation and installation of a 7.5 km pipe-in-pipe production pipeline, umbilical, flexibles, subsea structures and tie-ins.

DeepOcean is a world-leading ocean services provider, enabling energy transition and sustainable use of ocean resources. The company delivers subsea services within oil and gas, removal and recycling of subsea infrastructure, offshore renewables, mining of marine minerals, and to other ocean-based industries.