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400 Million NOK ROV Contract Awarded to IKM Subsea by AKOFS Offshore

Source: www.gulfoilandgas.com 11/12/2018, Location: Europe

AKOFS Offshore (AKOFS) was awarded a five + three year light well intervention (LWI) services contract on the Norwegian continental shelf (NCS) with Equinor earlier this year, and IKM Subsea is proud to announce that AKOFS has selected IKM Subsea to be their ROV partner for the contract.

“We are pleased to award this important part of the delivery to IKM Subsea. We see IKM Subsea as an innovative and solution oriented service provider with the backing of a well-qualified and experienced team”, says CEO Geir Sj?berg at AKOFS.

The contract with AKOFS includes building and mobilizing two Merlin UCV’s onboard the AKOFS Seafarer and supplying ROV services with personnel and onshore support for the duration of the contract.

“IKM Subsea have worked proactively together with AKOFS to create the best possible synergies for both companies. Considering the challenging times the industry is going through it makes me especially proud to be commissioning the new build of two state of the art ROV systems for this contract. Thus securing work both for our land and offshore staff and strengthening our company overall”, says Managing Director Ben Pollard at IKM Subsea.

The ROVs will be built by IKM Subsea’s sister company, IKM Technology, at Bryne, Norway, where both companies are headquartered. Delivery and mobilization of the ROVs to the vessel will be mid-2019. The state of the art technology, with all its features re efficiency, redundancy, conditioning monitoring and optimized performance, will together with IKM’s organization both onshore and offshore assist and be a key contributor to the overall operational performance of the LWI contract.

“We are proud and humble to be awarded this contract by AKOFS for ROV work on the NCS for the next five + three years. I believe this is yet another testimonial to the IKM organization, its capabilities and the technology we have at hand. During the downturn of the last four to five years we have been able to develop IKM Subsea into new technology and services areas. We really look forward to work with AKOFS and their other partners” says Hans Fjellanger Business Development Director at IKM Subsea.

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