£1m Contract Win for M² Subsea on World’s Longest PipelineSource: www.gulfoilandgas.com 5/18/2017, Location: Asia
M² Subsea, the global independent provider of ROV services, has secured its first contract award which is valued in excess of one million pounds. The project will see the firm supplying the Go Electra vessel, ROVs and personnel to support survey work on the world’s longest subsea pipeline system.
The company, which has bases in Aberdeen and Houston, has been sub-contracted by Next Geosolutions, an independent geoscience and engineering service provider, to deliver the campaign in the Baltic Sea for the Nord Stream 2 project.
Next Geosolutions was appointed to carry out unexploded ordnance identification (UXO) surveys on the two new pipelines.
The campaign for Nord Stream 2, an extension of the world’s longest pipeline, will be undertaken in an area noted for munitions discoveries following the end of World War II.
To support the 90-day project on the Nord Stream 2, M² Subsea has signed its first charter agreement for the multipurpose support vessel (MSV) the Go Electra, which recently successfully completed its first five-year class inspection.
The scope of work will be project managed from Aberdeen and will see the MSV deployed from Hanko in Finland, and supported by 15 of M² Subsea’s personnel who will carry out the UXO identification work utilizing a Triton XLX 2 Work Class ROV and a Mohican 5 observation/inspection class ROV from the firm’s fleet of 28 assets.
M² Subsea chief executive officer Mike Arnold said: “This contract award from Next Geosolutions is great for the business and a significant scope of work for us to win. It highlights both our personnel and asset capabilities to negotiate what is a very challenging subsea environment.
“Safety is a key factor on every project and in particular where it involves surveying the seabed to identify undiscovered explosive devices for removal. We are very pleased to have chartered the Go Electra which is a highly specialised vessel for subsea inspection, repair and maintenance work and ideal for supporting the conditions the team and ROVs face in the Baltic.
“To be chosen to deliver this geophysical survey also highlights the industry’s increasing appetite for engaging with companies of all sizes if their focus is on delivering the best value via a well thought out strategy which involves the most experienced people as well as the most well-suited vessel and assets for the job in hand.
“We look forward to delivering a safe and successful project for Next Geosolutions.”
Giovanni Ranieri, Next Geosolutions’ CEO, said: “This is an exciting project for Next Geosolutions and we’re delighted to have the opportunity to work with M² Subsea. The workscope allows us to further cement our position in the geoscience market and it reinforces our key objective – to fully appreciate our clients’ requirements and provide them with high quality solutions.”
The Nord Stream twin offshore pipeline system runs from Russia to Germany and measures 1,244km in length.
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