DeepOcean Group Secures Trenching Contract with Subsea 7 in Australia

DeepOcean UK, Ltd., a subsidiary of DeepOcean Group Holding AS, today announced it had been awarded a trenching contract by Subsea 7 on the Chevron-operated Gorgon Project in Australia.

DeepOcean will be responsible for the project management, engineering and associated trenching works of approximately 70 kilometres of main umbilical for the Gorgon and Jansz-Io field developments. For this work scope, DeepOcean will utilise the T1 trenching spread to be mobilised on to a Subsea 7 provided vessel. Offshore works are scheduled to commence early 2013.

Tony Stokes, Director of Asia Pacific for DeepOcean, states, “We look forward to a successful trenching campaign and are very pleased to cooperate with Subsea 7 on such a momentous project. The award for the Gorgon Project demonstrates the demand for DeepOcean’s trenching technology building on our extensive track record with Subsea 7 globally and further complements our most recent trenching projects in Australia.”

The Gorgon Project is operated by an Australian subsidiary of Chevron and is a joint venture of the Australian subsidiaries of Chevron (47.3 percent), ExxonMobil (25 percent), Shell (25 percent), Osaka Gas (1.25 percent), Tokyo Gas (1 percent) and Chubu Electric Power (0.417 percent).

About DeepOcean
DeepOcean is an integrated provider of safe, high quality, innovative services and technologies for the subsea industry. Demonstrating an extensive track record, DeepOcean offers a breadth of subsea services including Survey and Seabed-mapping, Subsea Installation, Seabed Intervention, Inspection, Maintenance and Repair (IMR), and Decommissioning.

This strong portfolio of services, coupled with a fleet of owned and controlled specialised equipment and multi-purpose support spreads, enables DeepOcean to bundle its subsea services to deliver cost-effective, tailored solutions to meet individual client needs.

DeepOcean strives for relentless customer focus and operational excellence, which is supported by a global team of highly professional and experienced project teams. The company delivers innovative engineering solutions and turnkey project management for complex offshore operations.

The company is a leading IMR contractor and trenching operator in Norway and the North Sea and has a global presence with offices in Norway, UK, the Netherlands, Brazil, Mexico and Singapore.