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GEMC

Since 2002, Aibel has performed maintenance and modification work in the Greater Ekofisk Area for ConocoPhillips.

GEM 2

The framework agreement, which is called Greater Ekofisk Modifications (GEM), is one of the largest maintenance and modifications contracts on the Norwegian continental shelf.

The first GEM contract was signed during the summer of 2002. In the spring of 2011 Aibel was awarded a new frame agreement. This one, which is named Greater Ekofisk Modifications Contract (GEMC), is valid for five years, with options of three plus three years.

On the basis of the GEM, Aibel carries out around 200 modification projects of varying size at the installations at Ekofisk every year. The work involves engineering, procurement, fabrication, installation and completion. Between 500 and 900 of our employees are engaged in GEM at any time.

A unique feature of the GEM contract is that many of jobs offshore are managed from an operations room located in Aibel's main offices in Stavanger.

Facts

Ekofisk is located in the southern part of the North Sea, some 280 kilometers southwest of Stavanger.

In addition to the Ekofisk field the area consists of the Eldfisk, Embla and Tor fields.

All four are operated by ConocoPhillips Norge on behalf of the Ekofisk Group. ConocoPhillips' interest in the field is 35.11 percent.

The Ekofisk Area consists of a total of 29 installations.

The Ekofisk production started on June 9, 1971.

The area has been developed through several stages.

(Source: ConocoPhillips)