Equinor M&M

Aibel is Equinor’s largest supplier of maintenance and modification services on the Norwegian Continental Shelf.

VEM Kårstø høykant Øyvind Sætre

Long-term partnership

Aibel holds several long-term frame agreements with Equinor for maintenance and modification services across offshore installations and onshore facilities in Norway.

The agreements cover the full value chain, from early-phase studies and FEED to execution, including engineering, procurement, fabrication, installation and commissioning. This enables Aibel to support safe operations, efficiency improvements and continued development of Equinor’s assets.

The offshore portfolio includes key fields such as Aasta Hansteen, Johan Castberg, Oseberg, Gullfaks and Sleipner, while onshore work covers central processing plants including Kårstø, Mongstad, Tjeldbergodden and Hammerfest LNG.

In addition, Aibel holds competitive agreements for larger and more complex modification projects across both offshore and onshore facilities.

The agreements secure activity across Aibel’s offices along the Norwegian west coast and reinforce a long-standing partnership with Equinor.

Facts

Contract: Frame agreements for maintenance and modifications (M&M), including EMOD/EPRO

Value: Approx. NOK 20 billion (fixed period)

Client: Equinor

Delivery: Five-year contracts from 2026, with options for extension (3 + 2 years)