Aker BP’s long-term framework agreements

Aker BP ASA (Aker BP) has in international competition entered into long-term framework agreements with key suppliers of engineering services, construction, electro/ IT/ control room systems, as well as transport and installation of fixed facilities offshore.
The intent of the entered framework agreements is that Aker BP in the company’s field development projects develops and executes work by using a more integrated project delivery model; a “Platform Allianceâ€? for each project.

The framework agreements are independent and can be used separately or as part of the future “Platform Allianceâ€?. Use of the framework agreements within or outside the Alliance model presumes agreement among partners in the involved licenses.
The following framework agreements have been entered into: Engineering and Procurement (EP), Construction & Hook-up (CH), and Electro, Instrument, Control & Telecom (EICT).

Aker BP has also entered into a separate framework agreement with Heerema Marine Contractors for transport and installation of facilities offshore (Transport & Installation – T&I), including Call-off for transportation and installation on Valhall West Flank. This framework agreement is not included in the planned Alliance model.

All framework agreements have durations of six years with an option for four additional years.

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