Pipeline Repair & Subsea Intervention Club

Description

Catastrophic failure of the submarine pipelines is considered to be one of our highest impact (albeit low likelihood) strategic risks and a key action item for Mutual for several years has been improved contingency planning and building an effective Emergency Pipeline Repair Strategy. The services and equipment that are likely to be required in the event of a repair of Mutual's pipeline assets are highly complex and specialist in nature. Equinor, through their Pipeline Repair & Subsea Intervention Club, provide access to a number of frameworks of repair contractors, vessel owners and supplies of repair equipment which, in the event of a repair being required, can be mobilised efficiently and rapidly. Membership of the club offers the benefits of having immediate access to a pooled contingency of framework contracts capable of providing the full range of specialised services required, with overarching management by administrators under a pre-established and proven governance framework. ## Contract award Title: Pipeline Repair & Subsea Intervention Club Membership