IKM Subsea AS (IKM) has won a contract for “ROV and Subsea services for Visund and Snorre B” with Statoil in the North Sea.

The contract has duration of 10 years firm and the contract value for IKM is up to NOK0.75 billion in total for this period.

The contract may be extended for a further period of 15 years.

For first time in history, Statoil and IKM will introduce the so-called concept of RROV (Residential ROV). RROV represents a permanently subsea-installed ROV system operated from a dedicated operational base positioned onshore. According to IKM, this concept will define future applications of ROV technology, produce major operational advantages, and produce a platform for cost savings as compared to existing ROV concepts.

The Statoil contract will combine use of existing proprietary Merlin ROV technology in combination with RROV technology to be developed throughout this contract.

Similarly, the staffing of the operations will be a combination of traditional offshore crews in symbiosis with onshore crew operating the IKM developed control center onshore.

“We are happy to, jointly with Statoil, be able to present new and revolutionary ROV concepts and technology to the industry, producing potential for significant cost savings,” IKM Subsea’s business development manager, Hans Fjellanger, said.