Statoil announced it has awarded a joint venture contract to Technip and DeepOcean for Pipeline Repair System (PRS) Pool services. The contract was sent out on competitive tender by Statoil in December 2013 and will replace the existing one which was awarded to Technip by Statoil in 2005 for subsea services, comprising maintenance and preparation of equipment utilized for PRS.
The Technip-DeepOcean PRS Joint Venture will take effect on 1 December 2014; the agreement will have a firm duration of five years as well as three optional periods of two years each. The venture will ensure pipeline contingency for the PRS Pool members currently covering up to 15000km of pipeline. The scope of work includes:
- The management, administration, operation and maintenance of the PRS equipment,
- Mobilization/demobilization and offshore operations related to the use of the PRS equipment
- Studies, engineering, procurement and fabrication for PRS Pool.
Statoil has provided a facility at Killingøy in Haugesund, Norway, which will serve as the primary location for most of the work to be performed while the offshore operations will mainly cover the North Sea.
Odd Strømsnes, Managing Director of Technip in Norway, declared: "Technip is looking forward to strengthening its collaboration with Statoil and its partner DeepOcean to further develop the PRS technologies and support their implementation in the Norwegian and worldwide markets."
Mads Bårdsen, President of DeepOcean AS, stated: “This award enables both Technip and DeepOcean to continue and further develop this world leading deepwater subsea competency.”