ROVworld Subsea Information

IKM Subsea AS wins a new major ROV Contract
Date: Thursday, September 30, 2010 @ 09:52:54 EDT
Topic: CONTRACT AWARDS


IKM Subsea AS wins a new major ROV ContractIKM Subsea AS has recently signed a contract with Olympic Shipping for delivery of two Merlin WR200 ROVs respectively Olympic Hera and the Olympic Zeus. The lease agreement is based on solid built ROV systems with a duration of 1+1 year. In addition to the ROV, IKM Subsea will supply personnel, engineering services and operations support to Olympics' operations. The value of the two-year contract is estimated to exceed one hundred million Norwegian kr.



Merlin ROV of IKM Subsea"This contract is very appreciated. The contract is a big step for IKM Subsea ROV's commitment in the Norwegian and the international market. Our goal is to become one of the biggest players in this field, we plan to build six full ROV spreads every year," says Ben Pollard, Business Director IKM Subsea AS.

IKM Subsea AS is strongly represented in their niche which they provide ROVs and trenching nationally and internationally. As a strategic grip, the company recently spun off as a separate division within the IKM Group. To strengthen its position in the market, the Group has recently acquired the local ROV tooling company Technique AS.







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