Total value of the agreements is around NOK 4.5 billion ($530 million). The firm period runs for eight years, while Siemens’ award includes three four-year options.
Equinor issued the deals to cover both its licenses and on behalf of Gassco, as operator of the Kollsnes and Kårstø gas processing centers in western Norway. But the agreements can also be applied globally.
The suppliers will continue to provide operation, maintenance, modification, and upgrade of electrical equipment, along with FEED and EPCI services for new electrical projects.
Gunnar Nakken, senior vice president Operations Technology at Equinor, said: “We anticipate an increased use of electrical equipment on the Norwegian continental shelf, thereby replacing the need for fuel-driven engines.
“This will give us increased flexibility to use different power sources, and contribute to CO2 emission reductions.”