Equinor extends IMR services agreement with Subsea7

Norwegian lipid and state institution Equinor has extended its existing statement with Subsea7 for subsea inspection, attraction and repair (IMR) services for the Seven Viking vessel.

The agreement, which builds connected a declaration that was initially signed successful 2018, enables Seven Viking to enactment Equinor’s operations astatine lipid and state wells crossed the Norwegian Continental Shelf.

With the declaration extension, the Seven Viking vas volition proceed its operations successful the portion until the extremity of 2027. The latest statement is valued betwixt $50m and $150m.

Subsea7 volition negociate task oversight and engineering from its Stavanger office.

Subsea7 Norway VP Erik Femsteinevik said: “We worth that Equinor has decided to workout the enactment to widen the IMR declaration for Seven Viking, and we look guardant to continuing to enactment harmless and businesslike operations for them, connected the Norwegian Continental Shelf.”

In a abstracted development, Equinor confirmed the finalisation of the declaration referenced successful a anterior missive of intent, announced successful November 2025, with Odfjell Drilling for the usage of the Deepsea Aberdeen rig.

The statement covers drilling operations for an interim play connected the Norwegian Continental Shelf, earlier the rig transitions to the Fram Sør project.

Odfjell plans to statesman enactment nether the caller declaration successful the 4th fourth of 2026, aft the rig’s existent declaration with Equinor completes, and is expected to tally until the archetypal 4th of 2029.

The declaration is said to adhd astir $373m to Odfjell Drilling’s steadfast bid backlog, excluding integrated services, show bonuses, substance incentives, oregon yearly escalation increases.

Odfjell Drilling CEO Kjetil Gjersdal said: “We are precise pleased to person secured different declaration with Equinor, with whom we present person 3 rigs working.

“In addition, we are excited to beryllium progressive with the drilling of Fram Sør, a starring improvement task successful Norway.”

Recently, Equinor extended its declaration with DeepOcean for subsea IMR services arsenic portion of their ongoing framework agreement.

The hold allows DeepOcean to support its IMR enactment done 2026 and into 2027, utilizing specialised IMR vessels and broad subsea services.

"Equinor extends IMR services statement with Subsea7" was primitively created and published by Offshore Technology, a GlobalData owned brand.

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