ROVworld Subsea Information

Oceanteam secures DONG Energy installation contract
Date: Monday, December 10, 2007 @ 09:00:00 EST
Topic: CONTRACT AWARDS


Oceanteam secures DONG Energy installation contractOceanteam ASA announced today that it had signed a contract with DONG Energy for Cable Installation Services associated with the Gunfleet Sands Offshore Wind Farm in the UK, due for installation in 2008.

Oceanteam ASA announced today that it had signed a contract with DONG Energy for Cable Installation Services associated with the Gunfleet Sands Offshore Wind Farm in the UK, due for installation in 2008.

Phase 1 of the contract will be executed in Q3 - 2008, phase 2 programme is still to be agreed.

The Gunfleet Sands Offshore Wind Farm, consists of cable installation and trenching services, phase 1 consists of cable connections for 30 offshore wind turbines with the option for phase 2 which consists of connecting 18 offshore wind turbines. Phase 1 of the contract will be executed in 2008 with Cable Lay Barge Oceanteam Installer and trenching tool Vertical Injector.

The estimate contract value is Euro 12 million.








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