Equinor Extends Oceaneering Contract

Houston-based subsea engineering company Oceaneering International (OII) has secured a contract renewal from Equinor, the Norwegian multinational energy company, covering the provision of maintenance, reliability and integrity management.

The oilfield provider of engineered services and products, primarily to the offshore oil and gas said in a press note that the contract, which was originally awarded to Oceaneering’s integrity business in 2005 and competitively tendered again in December 2013, is extended until December 2020.

Under the agreement, Oceaneering will provide support to Equinor’s onshore and offshore facilities in Norway, covering a wide spectrum of maintenance, risk and reliability services.

Thomas Aas Sæthre, Director of Integrity at Oceaneering , said, “We’re delighted to extend our long-standing relationship with Equinor.  We look forward to supporting our customer to achieve effective maintenance engineering and management across its facilities, helping to deliver measurable improvements to optimize facility performance and mitigate risk.”

Oceaneering will develop maintenance programs and procedures, including full maintenance build, advisory and analysis capability as well as digitalization and visualization support. This specific contract will be managed from Norway, under separate agreements Oceaneering’s asset integrity business also provides maintenance engineering to Equinor from Aberdeen, Houston and Rio De Janeiro.

In addition to asset integrity, Oceaneering’s services to Equinor include ROVs, integrated subsea tooling, engineering and new technology solutions.

Oceaneering’s asset integrity business delivers integrity, analytics, maintenance and risk management, conventional and advanced non-destructive testing (NDT) and specialist inspection solutions. The team includes 2,100 technically focused people, servicing customers from 24 global locations.