Sub Sea Services AS has been awarded a 20 Mill contract

Sub Sea Services AS has been awarded a 20 Mill NOK contract from a major Drilling Contractor.

This is an EPC contract for a special Termination joint product for a Managed Pressure Drilling (MPD) system.

Delivery is in the 4.th quarter of 2019 and the equipment will be operational in the Gulf of Mexico (GOM)
from early 2020.

“We are pleased to see that Sub Sea Services is being awarded this contract for the GOM. It is of strategic importance
to be successful in the GOM market.
We have a strong ambition to be recognized as a global vendor and this contract award is a confirmation
for us that we are getting there”
states CEO; Bernt Arne Breistein

The Termination joint ensures that the MPD technology is integrated with the rig equipment in an operational and efficient manner.

Our ability to deliver equipment for both enhancing technology and rig efficiency will always be our key selling point.

“As an OEM company we have a strong product portfolio and together with our engineering competence, this gives us the track record needed to be the chosen vendor” states COO; Jostein Kvamme.

The service and the aftermarket for this equipment, will be run by our international travel team utilizing our international operation concept.

The contract will utilize the Sub Sea Services’ fabrication site and also give substantial work to Rush Maskinering AS.

 

 

 

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