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Statoil M&M

Aibel currently has around half of Statoil’s maintenance and modification work on the Norwegian Continental Shelf.

Helikopter

In July 2010 Statoil showed renewed confidence in Aibel with its award of two new M&M frame agreements.

These contracts are valid for four years, with an option for extension of two plus two years.

We are present on onshore facilities and platforms along the whole of the Norwegian coast.

Statoil M&M UPN (Investigation and Production Norway)

We are on Statfjord A, B, C, Huldra, Veslefrikk, Oseberg F, C, Ø, S, Njord A, B, Kristin, Norne and Snøhvit.

Statoil V&M NG (Natural Gas)

We are at Kårstø, Kollsnes and Sture.

The frame agreements include maintenance services, modifications, studies and project control. As a part of this work, we undertake engineering, purchasing, fabrication, installation and system testing.

Around 2,000 employees, from all of our eight locations in Norway, will be involved in Statoil M&M work during the next few years.

Facts

I July 2010 Statoil entered into frame agreements involving maintenance and modification work on all of  the company’s installations on the Norwegian continental shelf in the coming years.

The agreements also apply to the land facilities on Sture and Melkøya, as well as Kårstø and Kollsnes where Statoil – in its capacity as technical service provider – is signing agreements on behalf of the operator, Gassco.

The agreements, which have duration of four years with two two-year extension option, will occupy more than 5,000 people during the period.

Estimated value of the agreements is NOK 49 billion, options included.

The frame agreements have been signed with five companies; Aibel AS, Aker Solutions AS, Reinertsen AS, Fabricom AS and Apply Sørco AS.

Source: Statoil

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E-mail: communications@aibel.com

Tel.: (+47) 85 27 00 00

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