M2 Subsea Secures Contract with Premier Oil

Global independent provider of ROV services, M2 Subsea, has secured a contract to provide inspection services for Premier Oil’s Balmoral Floating Production Vessel (FPV).

M2 Subsea, which has bases in Aberdeen and Houston, will carry out the 2018 inspection of the vessel’s hull, flowlines, umbilicals, risers and subsea template.

The Balmoral is a purpose-built semisubmersible FPV which is situated in the Balmoral field, block 16/21a and 16/21b of the central North Sea.

The work scope will be carried out by M2 Subsea’s Global independent provider of ROV services, M2 Subsea, has secured a contract to provide inspection services for Premier Oil’s Balmoral Floating Production Vessel (FPV).

Mike Arnold (pictured), CEO, M2 Subsea, said, “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.

M² Subsea is one of the largest independent providers of underwater ROVs and subsea project management and engineering services, focused on reducing costs and risks to meet the demands of the oil and gas and renewables sectors.

Source: www.worldoil.com