IKM Subsea awarded long-term ROV contract by Eni Indonesia

IKM Subsea awarded long-term ROV contract by Eni Indonesia

BRYNE, Norway -- IKM Subsea has been awarded a contract by Eni Indonesia to provide ROV services onboard the drill rig Scarabeo 7. The rig is operating offshore Indonesia.

The contract value, including options, is in the region of $16 million (100 million NOK) and the duration term is firm for 2.5 years.

Equipment for the contract will be mobilized from IKM Subsea's headquarters in Norway, whereas the contract will be run from IKM Subsea Singapore, through its affiliate; IKM Subsea Indonesia.

IKM Subsea will be providing the Merlin WR200 Workclass ROV and the Sub Atlantic Mohican Observation ROV together with all the necessary toolings and personnel onboard the rig to support the operations.

Mahesh Govindan, General Manager of IKM Subsea in Singapore, says, “This is an exciting project to be involved in and we are pleased to have been awarded this. IKM Subsea in a very short term has grown to be a reliable ROV service provider globally and will look into this as a stepping stone to participate in more rig projects. The Singapore office will be expanding the workforce to manage this big project in addition to the other ongoing projects.”