Statoil signs long-term supply agreements

June 30, 2010

Statoil is arranging long-term equipment supply (frame) agreements with five companies for maintenance and modification work on all its Norwegian shelf facilities, both offshore and onshore.

Offshore staff

OSLO, Norway – Statoil is arranging long-term equipment supply (frame) agreements with five companies for maintenance and modification work on all its Norwegian shelf facilities, both offshore and onshore.

The contracts, valued at NOK 49 billion ($7.5 billion) in total, are each for a period of four years with two two-year extension options. The five companies are: Aibel, Aker Solutuions, Reinertsen, Fabricom, and Apply Sørco The latter two have not previously worked with Statoil on this basis.

The agreements also apply to onshore terminals at Sture and Melkøya, and at Kårstø and Kollsnes where Statoil – as technical service provider – is signing agreements on behalf of operator Gassco.

“By means of increased competition and the introduction of new suppliers, we believe that we can improve delivery quality while managing to maintain the right cost level,” says Anders Opedal, Statoil’s senior VP, procurement.

Offshore facilities have been allocated as follows:

Aibel:
Oseberg F/C/Ø/S
Huldra/Veslefrikk
Njord A/B
Kristin
Norne
Snøhvit

Aker Solutions:
Snorre A/B
Gullfaks A/B/C
Visund
Åsgard A/B

Reinertsen:
Troll A/B/C
Heimdal
Grane
Heidrun

Fabricom:
Sleipner