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CTC receives Frame Agreement from StatoilHydro

Posted on 01.08.2008 - 16:00 EDT in CONTRACT AWARDS by Rons_ROV_Links

CTC receives Frame Agreement from StatoilHydroCTC Marine Projects Limited (a division of the Trico group) has recently been awarded a Frame Agreement by StatoilHydro ASA for the provision of trenching services.

The Frame Agreement is for a three year period with options to extend for two x 2 years and covers offshore Norway.

StatoilHydro will have access to CTC's extensive fleet of trenching assets, including the Volantis newbuild vessel incorporating the world's most powerful jetting trencher, the 2.1MW UT-1 Ultra Trencher. The UT-1 offers the greatest all weather launch and operating capability of any trenching asset.

CTC's managing director, Tony Inglis commented, "This agreement underlines CTC's position as the global leader in trenching. We are delighted that we will be working closely with StatoilHydro."
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