Ocean Installer in BP frame deal
By Aiswarya Lakshmi
Tuesday, October 13, 2015
Ocean Installer has been awarded a Regional Framework Agreement with BP for subsea work in the Gulf of Mexico region.
The agreement covers subsea fabrication, transportation and installation of offshore facilities, as well as hook up and commissioning, and is valid for three years. Specific work scopes will be carried out under individual call-off contracts, and accordingly no firm work is currently committed under the agreement.
“We have successfully executed work for BP in the GoM during the last couple of years, and we are happy to see the relationship manifest itself in such an agreement. Now our focus is to win call-off work within this framework,” says Mike Newbury, President of Ocean Installer in the US.
The agreement covers BP’s operations in the GoM region and is on the Ocean Installer end managed from the company’s Houston office.
Ocean Installer is a subsea company headquartered in Stavanger, Norway and with offices in Aberdeen, Houston, Mexico City, Perth, Dubai and Rio de Janerio. Ocean Installer holds strong EPCI expertise within the SURF (Subsea, Umbilicals, Risers, Flowlines) segment and is rapidly expanding its operations and organisation within and beyond the North Sea basin.