Statoil awards contracts for services at 7 bases

Statoil awarded the service contracts for seven bases for the company in Norway. These contracts have been awarded to NorSea Group, Saga Fjordbase and Asco Norge. The contracts awarded include terminal and warehouse services as well as storage and pipeline handling.

NorSea Group has been awarded the contract for terminal and warehouse services, plus storage and pipeline handling, at Dusavik in Rogaland, Kristiansund in Møre and Romsdal and Hammerfest in Finnmark, as well as terminal and warehouse services at Mongstad and Šgotnes in Hordaland and warehouse services, plus storage and handling of pipelines in Florø in Sogn and Fjordane.

Saga Fjordbase has landed the contract for terminal services at Florø in Sogn and Fjordane, while Asco Norge has been awarded the contract for terminal and warehouse services, plus storage and pipeline handling, at Sandnessjøen in Nordland.

The contracts will have a duration of six years and will start up on 1 July 2015. They also include options for an extension of two plus two more years, so that they will have a duration of 10 years should all the options be exercised. The contracts are valued at roughly EUR 0.5B in all over a 10-year period.

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