Valhall QP removal contract award

30. May 2017

Allseas, via Excalibur Marine Contractors, has been awarded a long term (6 yrs + 2 + 2) frame agreement for Transport, Installation and Removal (T,I&R) services for Aker BP, and has been awarded a call off for removal of the Valhall QP topsides and QP/DP bridge in 2019 and disposal thereafter.

In addition, options have been agreed for removal and disposal of the QP and 2/4G jackets in the future.

Cooperation: Olav Henriksen (SVP Projects, Aker BP, left) and Pieter Heerema (Projects, Allseas) at the signing ceremony in Stavanger 29 May 2017.

Last month Heerema was awarded a long term T&I frame agreement and call off for Valhall Flank West (VFW) installation. The frame agreement will now be amended to include removal services and become a T,I&R frame agreement.

Aker BP has therefore entered in to 2 long term frame agreements for T,I&R services – award of further agreements, without any specific call offs, may be forthcoming.

One Team: Key contributors from both Aker BP and Allseas together at the signing ceremony 29 May 2017.