ROVworld Subsea Information

Canyon Offshore trenching contract awarded by StatoilHydro
Date: Monday, June 23, 2008 @ 12:00:00 EDT
Topic: CONTRACT AWARDS


Canyon Offshore trenching contract awarded by StatoilHydroHelix Energy Solutions announced today that its subsidiary Canyon Offshore has signed a Frame Agreement with StatoilHydro for provision of trenching services offshore Norway. The agreement is for 3 years with two 2-year options to extend the agreement.

Canyon's T750 Jet Trencher.Canyon Offshore will perform trenching projects from its fleet of trenching systems including the T750 Jet Trencher and the i-trencher, Canyon's new-build heavy soils trenching machine. The services will be conducted from one of Canyon Offshore's long-term chartered modern DPII class vessels, including the Olympic Triton, Northern Canyon and the Island Pioneer.

Bart Heijermans, Helix's Executive Vice President and Chief Operating Officer, commented, "Entering into the Frame Agreement directly with StatoilHydro as the customer is a significant first for Canyon Offshore, and will enhance Canyon Offshore's position as a leader in the subsea trenching market."






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