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Statoil exercises Ocean Installer option

Ocean Installer has announced that Statoil has exercised an option for flexible jumper replacement at the Vigdis field in the Tampen area of the Norwegian North Sea.

The two companies signed an amendment to the original contract in December 2015 to include the option, which comprises the replacement of a flexible jumper at the Vigdis field.

“We are happy to see that Statoil continues to make use of options inherent to existing contracts, further strengthening our cooperation. In the current market this type of work is important to maintain a steady activity level and it proves that an unwavering focus on delivering in existing projects pays off,” said Steinar Riise, ceo of Ocean Installer.

Ocean Installer will deploy construction support vessel Normand Vision for the work. Project preparations started in February and offshore work will take place in June.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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