The contract enters into force immediately, and is renewed on a yearly basis until eventual termination. The agreement provides work for Aibel immediately and may lead to new and interesting assignments for a new customer.
“It's always difficult to land contracts with new customers. For this reason we are very pleased with the confidence Marathon Oil is placing in us. Hopefully this is the start of a long partnership that both parties will find beneficial,” says Trond Aunan, VP Studies and FEED in MMO and modifications with Aibel.
The framework agreement will be managed from Aibel's headquarters in Stavanger. It is also here work on the specific projects in the contract will be carried out.
Aibels first project for Marathon Oil Norge AS will be a study to clarify upgrade solutions on the FPSO vessel “Alvheim” with regard to a possible future connection of existing discoveries in the Alvheim area.
The project will occupy around 15 Aibel employees in Stavanger. The study kicks off in mid-August this year with an expected delivery in October/November 2014.
Published 04 August 2014