DeepOcean to Inspect Nord Stream Pipelines in Baltic Sea

DeepOcean AS, subsidiary of DeepOcean Group Holding BV, announces that company has been awarded the contract for inspection of the Nord Stream gas export pipelines in the Baltic Sea by Nord Stream AG.

The Contract is for two years and confirms DeepOcean’s strong position as a provider of advanced pipeline inspection services to operators of key subsea pipeline systems in Europe.

“Winning the Nord Stream pipeline inspection contract in the Baltic Sea has been a key target for us,” says Commercial Director Rolf Ivar Sordal. “DeepOcean has a very strong track record in the inspection of subsea pipeline systems running from Norway to UK and mainland Europe as well as similar systems crossing the Mediterranean and the Black Sea. With a total capacity in the order of 55 BCM/year, the two 48 inch Nord Stream pipelines from Russia to Germany constitute one of the biggest offshore gas transmission pipeline systems in the world. DeepOcean is very pleased to be the preferred survey service provider to the pipeline operator Nord Stream AG,” Sordal continues.

The contract is for two years in 2014 and 2015 and includes the full external inspection of the two pipelines using ROV and ROTV methodologies. DeepOcean plans to use its vessel Deep Vision for the 2014 campaign (see photo attached). The expected duration of work is 4-6 months each year.