Statoil subsidiary creates subsea maintenance company
Posted: 16 December 2003
A new company which aims to be a leading player in subsea repair
and maintenance work on pipelines and seabed facilities has been
created with the participation of a Statoil subsidiary.
PipeCare, which is wholly owned by the group, joined forces with
FMC Energy Systems in establishing FieldCare to take over Bergen-based
NUI Marine.
The latter delivers products and services to the subsea-based oil
industry, and is involved in research, engineering and logistics
as well as specialist subsea operations.
FieldCare will be a leading player in subsea repair and maintenance
work.
FieldCare will combine the tools and expertise available from NUI
with similar capabilities at the two founding companies.
Its principal market will be producing subsea fields, with the
initial development of products and services for Norwegian customers
being followed by a commitment to international growth.
"We already see substantial benefits from exploiting our collective
expertise," says PipeCare president Ola Nestaas.
"We're convinced that we can offer products and services required
by offshore operators on competitive terms, both to the NCS and
to an international market."
The new company will have 18 employees and be based at Coast Center
Base outside Bergen.
PipeCare owns 49 per cent of FieldCare, with FMC Energy Systems
holding the remaining 51 per cent.
For more information see www.statoil.com.
Posted by Richard Price,
Editor Pipeline Magazine
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