DeepOcean and Østensjø Rederi have agreed to extend the existing contracts for Edda Freya and Edda Flora through 2026, and Edda Fauna through 2027, with additional options available for all three vessels. These capacity extensions, combined with DeepOcean's extensive engineering expertise, large subsea tool pool, and advanced remote operations technology, will complement the company's service offering. 

"In our operating model, technology leadership, project management capabilities, and provision of high-end subsea tools and assets play vital roles. This agreement, along with our long-standing relationship with Østensjø Rederi, underscores our commitment to continue to progress this expertise to energy operators across the globe," says Øyvind Mikaelsen, CEO of DeepOcean. 

Østensjø Rederi has been a partner of DeepOcean since its inception. All three vessels have been under contract with DeepOcean since their delivery from the shipyards. 

"Following a recent, separate agreement to contract the subsea vessel Orient Adventurer, DeepOcean will be able to execute more comprehensive work scopes using two high-spec vessels equipped with vertical lay systems (VLS). This expansion enhances DeepOcean's breadth of subsea services, ranging from survey to construction to recycling, while simultaneously reinforcing its market-leading position in inspection, maintenance, and repair (IMR)," adds Mikaelsen. 

Edda Freya was designed in collaboration with DeepOcean prior to its delivery in 2016. This advanced, hybrid-powered construction vessel is suited for global operations, with a focus on offshore construction as well as complex maintenance and repair tasks. The under-deck carousel also makes her highly capable for cable laying for offshore renewable projects. 

Edda Flora has a long-standing track record as DeepOcean's flagship subsea survey vessel, suited for global operations. Meanwhile, Edda Fauna remains one of the North Sea's most trusted IMR vessels for harsh environments.

DeepOcean operates a substantial fleet of subsea vessels, of which the vast majority are chartered, to deliver subsea survey, IMR, installation and recycling services worldwide for both offshore oil and gas and offshore renewables.