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Germany,United Kingdom : DeepOcean bags 2-year contract for NORD STREAM AG.

DeepOcean Group Holding BV declared that its subsidiary DeepOcean has secured a 2-year contract from Nord Stream AG to inspect the Nord Stream gas export pipelines in the Baltic Sea.

The contract calls for the full external inspection of the two pipelines using ROV and ROTV methodologies. It is expected that the work will take four to six months each year.

DeepOcean intends to use its vessel Deep Vision for the 2014 campaign.

Commercial Director Rolf Ivar Sordal said, Winning the Nord Stream pipeline inspection contract in the Baltic Sea has been a key target for us. DeepOcean has a very strong track record in the inspection of subsea pipeline systems running from Norway to UK and mainland Europe as well as similar systems crossing the Mediterranean and the Black Sea With a total capacity in the order of 55 billion m3.year, the two, 48 in.

Sordal added, Nord Stream pipelines from Russia to Germany constitute one of the biggest offshore gas transmission pipeline systems in the world. DeepOcean is very pleased to be the preferred survey service provider to the pipeline operator Nord Stream AG.

The contract endorses DeepOcean s strong position as a provider of advanced pipeline inspection services to operators of key subsea pipeline systems in Europe.

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Publication:Mena Report
Date:Jan 11, 2014
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