IKM Subsea secures frame agreement with NexansVessel & ROV News // January 22, 2013
IKM Subsea has been awarded a 3 + 2 year frame agreement by Nexans Norway for ROV services.
The contract has an expected value in excess of NKr 100 million. Initially the frame agreement will include ROV services on Nexans' cable lay ship Skagerrak Nexans. Further ROV work on other vessels chartered by Nexans Norway is also expected.
“The cable lay market is a new area for us, we are therefore extremely happy that a Norwegian-owned and operated ROV company was able to beat the big foreign-owned ROV companies in winning such a big frame agreement,” said IKM Subsea's Managing Director, Ben Pollard.