IKM Subsea

IKM Subsea, a subsidiary of IKM Group, has been awarded a contract by Eni Indonesia to provide remotely operated vehicle (ROV) services onboard mid-water semisubmersible rig Scarabeo 7. The contract has a value of approximately USD 16 million and is for a firm period of 2.5 years. Two ROVs, including support equipment and personnel, will be provided. Equipment will be mobilized from IKM Subsea headquarters in Norway, and the contract will be run from Singapore through subsidiary IKM Subsea Indonesia.