4Subsea Awarded Framework Contract with Statoil
Wednesday 1 June 2016
4Subsea’s framework agreement covering 10 installations on the NCS in the period 2012-June 2016 has been extended to June 2018.
4Subsea’s scope of work has increased with one additional installation and will be covering the following Statoil installations on the NCS; Statfjord C, Snorre A, Snorre B, Gullfaks A, Veslefrikk, Volve, Visund, Oseberg A, Troll B, Troll C and Norne.
The contract also includes support to develop inspection and maintenance programs, failure investigations, systems for annulus vent gas monitoring AMOSTM, and repair solutions.
"We are pleased that Statoil continuously trusts us to play an important role in maintaining production through the integrity management work we perform on flexible risers and flowlines”, says Torbjørn Amundsen, Senior VP Products and Business Development. “In addition to the annulus testing and follow-up of approximately 150 risers each year, 4Subsea also performs failure investigations as required, delivers annulus vent gas monitoring systems and ROV installable outer sheath repair solutions. 4Subsea’s expertise and software solutions enable systematic cost reductions through continuous improvements. We look forward to delivering innovative and cost efficient solutions to Statoil in the years to come.”