DeepOcean Wins North Sea Decom

Published at 04:36PM - 21/04/16

Subsea engineering specialists, DeepOcean, have secured the decommission contract for the subsea infrastructure of the North Sea Varg field.

The contract will see DeepOcean conduct Engineering, Procurement, Removal and Disposal (EPRD) of Varg Subsea facilities.

“In the current market, with tough competition for every job I am pleased that DeepOcean has been selected by Repsol for this project” said Rolf Ivar Sørdal, DeepOcean’s Commercial Director.

DeepOcean Wins North Sea Decom

The scope of work cover subsea pre-decom survey, recovery of FPSO mooring lines, anchor piles, risers, midwater-arch buoy and subsea structures as well as onshore disposal and recycling of the recovered items.

“DeepOcean already has an in-depth knowledge of Repsol’s assets in the North Sea, through our long term relationship on maintaining the integrity of their assets,” continued Sørdal.

“Coupled with our significant experience for similar operations it is great to learn that our project team has been able to take advantage of this and develop a cost efficient solution for Repsol.”

“Further, the new construction vessel Edda Freya, arriving in our fleet in 2Q16 has been specially designed for multiple types of subsea operations, and hence prove very cost efficient for subject scope”

Repsol Varg Field

The Varg field’s operators, Repsol, announced back in February 2016 that it planned to shut down the filed this year due to it no longer being profitable.