Moody to monitor Statoil pipe needs

Statoil has awarded Moody Int. Scandinavia a five-year frame agreement for a range of pipe inspection and surveillance services.

Offshore staff

SANDEFJORD, Norway --Statoil has awarded Moody Int. Scandinavia a five-year frame agreement for a range of pipe inspection and surveillance services.

The contract, which also has options for two two-year extensions, includes inspection and control of line pipe at pipe mills throughout the world; inspection of anti-corrosion processes and weight coatings at coating yards; inspection of anodes and various components; surveillance during pipe installation in the North Sea; and provision of technical personnel to Statoil.

Work will be coordinated from Moody's Scandinavian head office in Sandefjord and from a project task force center in Glasgow, Scotland.

5/29/2007

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