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M2 Subsea Secures Contract with Premier Oil

Source: www.gulfoilandgas.com 7/18/2018, Location: Europe

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M2 Subsea has secured a contract to provide inspection services for Premier Oil’s Balmoral Floating Production Vessel (FPV). The Balmoral is a purpose built semi-submersible FPV which is situated in the Balmoral field, block 16/21a and 16/21b of the central North Sea. M2 Subsea will carry out an annual inspection of the vessel’s hull, flowlines, umbilicals, risers and subsea template.

The work scope will be carried out by M2 Subsea’s Mohican ROV at a depth of 140m. The Mohican is an inspection class ROV rated to 2000m with a garage tether management system.

Mike Arnold, chief executive officer of M2 Subsea, said:

“As a streamlined, dynamic business, we are able to respond quickly, deploying our vehicles across the globe to tackle even the most complex subsea challenge. Our experienced team are reactive, flexible and have a proven track record for quality and safety and I am pleased that we are now working with Premier Oil for the first time. We will carry out the 2018 inspection for the Balmoral vessel and work with Premier Oil to then determine what work needs carried out going forward. This is an important contract for us and is an excellent opportunity to strengthen our client base with a major North Sea operator.”

The latest agreement with Premier Oil follows a run of wins for M2 Subsea, which recently announced it had secured £10 million worth of contracts in the last six months.

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