Ocean Installer Secures Asgard A SLM Contract with Equinor

Subsea project expert Ocean Installer has secured more work from Norway’s energy major Equinor. The company said in a media release that it has secured a new subsea line modification (SLM) project award on Åsgard A.

In July 2023 Ocean Installer was awarded SLM projects on Vigdis, Visund, Åsgard C and a morgrip connection on the new Northern Light CO2 pipeline.

Ocean Installer won the Åsgard A project through a recent competitive tender. This project will be now integrated into the existing portfolio, managed by the current project team, and executed in continuation with the other work, Ocean Installer said in a news release.

The project scope for Åsgard A includes the recovery of two risers and the installation of a new riser and flexible jumper, as well as engineering, procurement and installation of GRP covers to safeguard the jumper.

Offshore Operations are planned to start in the autumn of 2024, Ocean Installer said.

Kevin Murphy, chief executive of Ocean Installer, said: “I’m very pleased to see that Equinor is adding more work to our SLM portfolio and their continued trust in us for executing these highly complex offshore operations.

“Integrating this project under the existing project team ensures continuity both onshore and offshore, maximizing the synergies for both Ocean Installer and Equinor.

“The short time for engineering and procurement, from contract award to offshore execution this fall, is a testimony to the competence in our organization and close collaboration with Equinor.”