DOF Subsea Awarded Installation Contract Offshore New Zealand

Skandi Hercules, image: DOF Subsea

DOF Subsea has announced today the award of a NOK 150 million subsea installation contract offshore New Zealand from Austrian energy firm OMV.

Located 50 miles west of Taranaki, New Zealand, the Maari field with an estimated 51 million barrels of recoverable oil, is majority owned by OMV, a company which has been conducting an “extensive drilling campaign” this year according to a statement on their website.

DOF Subsea’s work scope will include subsea installation services at the Maari Field and the installed Raroa FPSO.

DOF notes the project will be executed from DOF Subsea’s Perth office with offshore operations being performed from the Skandi Hercules in Q3/4 2013. DOF Subsea will be responsible for the Project Management and Engineering including detailed design and offshore services.

The Skandi Skansen will transit to the Asia Pacific region and work on projects where the Skandi Hercules was assigned, resulting in full utilization for Skandi Skansen to year end 2013.

EVP, Asia Pacific, John Loughridge said, “This is an important award for DOF Subsea and we look forward to working with OMV to deliver a safe and efficient project.”