Norwegian subsea entrepreneur Ocean Installer and leading offshore engineering and construction company McDermott have established an exclusive alliance to jointly meet customers’ increasing rigid pipelay needs in the North Sea subsea market.
The alliance marks McDermott’s re-entry into the North Sea and establishes Ocean Installer as a tier one North Sea contractor by adding rigid pipelay to the company’s capabilities.
- We are very pleased that McDermott has chosen Ocean Installer as its partner for the development of rigid pipelay solutions in the North Sea and we look forward to advancing our capabilities further together. Not only is this arrangement beneficial to our two companies, it brings about increased supply and dynamic competition, showing how companies can work together to address growing needs in the market, says Steinar Riise, Chief Executive Officer of Ocean Installer.
- With our expanding portfolio of deepwater subsea projects primarily in Asia Pacific and the Gulf of Mexico, we look forward to working together with the experts at Ocean Installer to pursue subsea installation projects that support the continued development of the North Sea and further expansion of Norway’s offshore energy reserves, says Stephen M. Johnson, Chairman, President and Chief Executive Officer of McDermott.
-This is another step towards McDermott becoming a tier one turnkey...