October 16, 2017 9:13 PM ET

Energy Equipment and Services

Company Overview of 4Subsea AS

Company Overview

4Subsea AS, an engineering company, develops and supplies services and solutions to the oil and gas industry within subsea technology and renewable energy. It focuses on riser and wellhead systems; and provides specialist services within offshore wind turbines and wave power systems. The company offers technical services related to flexible pipes, umbilicals, and ancillaries that include design, manufacture, installation, in-service inspection, maintenance/repair, and decommissioning; and system engineering, cross section analysis, upheaval buckling analysis, polymer and steel material analysis, flexible pipe testing, and bonded offloading hose system design services. It also provides well i...

Smedsvingen 4

Hvalstad,  1395

Norway

Founded in 2007

Phone:

47 66 98 27 00

Fax:

47 66 98 27 01

Key Executives for 4Subsea AS

Co-Founder, Chief Executive Officer and Director
Co-Founder and Director
Manager of Administration
Department Manager of Flexible Pipe Operations - Bergen
Department Manager of Flexible Pipe Technology
Compensation as of Fiscal Year 2017.

4Subsea AS Key Developments

Shell Brazil and COPPE Selects 4Subsea for USD 3.2 million Research Project

4Subsea awarded a Shell-funded contract to support COPPE, the centre for engineering research and education at the Federal University of Rio de Janeiro. The project runs for 3 years and has a contract value of about NOK 25 million.

4Subsea Wins Master Service Agreement from Statoil

4Subsea will deliver services and research projects related to structural integrity of fixed and floating offshore installations. The contract with Statoil covers the entire range of 4Subsea's services; from oil and gas to renewable energy projects, from operational services to research and development, and from digital services and monitoring to traditional engineering. The agreement means that 4Subsea will deliver services related to subsea installations from subsea wellheads, drilling and work over riser systems, flexible risers, mooring systems, wellheads, marine systems, and offshore wind farm installations. In addition, 4Subsea works with Statoil on various R&D projects related to both improved operations of oil and gas fields and on new concepts for floating offshore wind turbines.

4Subsea Secures Frame Agreement Contract Related to Subsea Engineering Services

Wintershall Norge AS has awarded 4Subsea a frame agreement contract related to Subsea Engineering Services. The agreement covers engineering and advisory services related to subsea production systems including wellheads, x-mas trees and well intervention systems. The frame agreement has a duration of three years with an option for up to three additional years. In relation to the agreement 4Subsea has entered into a cooperation with Head Energy Multicontrol AS.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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