DEEPOCEAN AWARDED VESSEL SERVICES FRAME AGREEMENT

Houston (Texas) 10 November 2021: DeepOcean has been awarded a frame agreement contract by an undisclosed US-based operator for delivery of engineering, project management and vessel support to execute a wide range of subsea activities throughout 2022.

The contract covers provision of project management engineering capabilities for specialized subsea services, including the utilization of light construction vessels and ROVs from DeepOcean’s versatile fleet in the US Gulf of Mexico to execute the offshore work.

“This is a big win for us which reflects our ability to deliver market leading services, technology and engineered solutions in the overall aim of adding value for our customer base. We look forward to further enhancing our service offering in the US,” says DeepOcean’s President – Americas, Tony Stokes.

DeepOcean will provide a dedicated project management team to assist with scope planning and execution. This will be the primary support interface for all activities and major service packages. The award signifies the company’s ability to deliver a safe, reliable, and efficient service in the subsea inspection, maintenance and repair (IMR) space. This repeat commitment strengthens the collaboration and demonstrates DeepOcean’s emphasis on customer care added value.

For further information, please contact:

Monika Niedbalska, Group Marketing & Communications Director, DeepOcean AS, phone: +47 909 17 565

About DeepOcean

DeepOcean is a world-leading ocean services provider, enabling energy transition and sustainable use of ocean resources, offering survey, engineering, project management, installation, maintenance, and recycling services for oil and gas, offshore renewables, deep sea minerals, and other ocean services.

Across the global offices, DeepOcean is a trusted independent solutions provider with highly skilled industry experts, using world-class fit-for-purpose tools and technology to drive cost-efficient and safe operations. The company delivers innovative engineering solutions focusing on remote and unmanned operations and digitally-enabled services while continuously striving to lower the carbon footprint.