Oceaneering gets three more years with Statoil

Oceaneering International, a provider of engineered services and products, primarily to the offshore oil and gas industry, has been awarded a three-year operational inspection frame agreement extension with the Norwegian oil major Statoil.

Oceaneering said on Thursday that the contract was awarded to its oilfield business segments Asset Integrity, which provides asset integrity management, corrosion management, inspection, and nondestructive testing services to customers in the oil and gas, power generation, and petrochemical industries.

The company also said that, under the frame agreement, it would develop and implement inspection and maintenance programs related to 14 Statoil’s onshore and offshore facilities in Norway.

The programs include the assessment and reporting of integrity status and corrective measures and cover non-destructive testing, video inspection, vibration measurement, thermography, and heat exchanger inspection.

The deal between the two companies allows Statoil to add other fields to the work scope.

Roderick A. Larson, president and CEO of Oceaneering, said: “The extension of the frame agreement further demonstrates our good, long-term relationship with Statoil, which is based on the delivery of safe, reliable, and cost-effective services.”

In related news, Shell hired Oceaneering earlier this week for the provision of services and products in support of the design, fabrication and installation of ancillary flowline hardware for the Appomattox development in the U.S. Gulf of Mexico.

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