• From drawing board to fabrication yard

    Aibel undertakes quality work at its own facilities

Equinor VEM

Aibel is Equinor's largest supplier of maintenance and modification services on the Norwegian continental shelf.

Kårstø

In December 2015, Aibel was awarded a frame agreement by Equinor for maintenance and modification projects on the following installations/facilities:

 Office

Platform/installation

Onshore facility

Hammerfest

 

Snøhvit

Harstad

Norne, Aasta Hansteen

 

Stjørdal

Kristin + option at Njord A and B

 

Bergen

Oseberg A, B, C, D, South, East and Veslefrikk

Kollsnes, Sture

Haugesund

 

Kårstø

Stavanger

Statfjord A, B og C

 

The agreement has duration of six years with options for an additional four years. It comprises maintenance services, modifications, studies and project management. The contract is valid as of 1 March 2016 and will provide work to about 1,000 Aibel employees.

Aibel has a long and good tradition for executing these kinds of assignments for Equinor. The previous frame agreement was entered in 2010 and will continue until the new contract takes effect. Through the new agreement, Aibel will mainly retain responsibility for the same facilities as today, but will also be responsible for the Aasta Hansteen platform.

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Facts

In December 2015, Statoil (now Equinor) awarded Aibel a new M&M contract. Through the new agreement, Aibel got continued responsibility for 13 offshore installations and four facilities, and will also be responsible for Aasta Hansteen. The contract has a calculated value of approx. NOK 7.5 billion plus options.