Core Viewpoint - DeepOcean and Vår Energi have extended their subsea partnership with a new long-term contract for inspection, maintenance, and repair (IMR) services, valid until October 2030, with options for four additional years [1][4]. Group 1: Contract Details - The five-year firm contract includes IMR services across all Vår Energi-operated assets on the Norwegian Continental Shelf (NCS) [1]. - The scope of the contract also encompasses project support for offshore modifications, installation, commissioning, and drilling operations, along with project management and engineering services [2]. Group 2: Partnership Goals - Vår Energi aims to foster a collaborative relationship with DeepOcean to unlock efficiencies and drive value creation [2]. - Both companies will explore new technologies and working methods as part of the contract implementation [3]. Group 3: Company Background - Vår Energi is the third-largest operator on the NCS and the second-largest gas exporter from Norway [4]. - The new frame agreement continues a decade-long cooperation between DeepOcean and Vår Energi [4].