Deep Sea Mooring wins contract with Repsol

Global energy company Repsol has selected Deep Sea Mooring (DSM) to provide a range of mooring services for their drilling operations on the Norwegian Continental Shelf. DSM will be responsible for marine engineering and supplying the mooring equipment. The company will also assist in
offshore operations, including both pre-lay and rig move. Åge Straume, CEO of Deep Sea Mooring said: “Winning this contract further proves that major energy companies appreciate our experience, robust technology and competence in delivering complete mooring systems for the harsh environment of the North Sea.

” He added that this was the first time the two companies have worked together: “It’s always exciting to showcase our expertise with a new client and we look forward to developing a solid and long-term partnership with Repsol.”

The framework agreement is set to commence immediately and last four years including options. Deep Sea Mooring will manage the contract from its headquarters in Bergen. Deep Sea Mooring Group is a Bergen-based global provider of mooring solutions, which it offers through its wholly owned subsidiaries, Deep Sea Mooring and Deep Sea Installation. Deep Sea Mooring Group is owned by the private equity oil and gas specialist, HitecVision.