Aibel will continue as Statoil’s largest supplier of maintenance and modification services for another two years, with Statoil fulfilling an option to extend the contract with two more years. The extended contract has a total value of around EUR 0.6B. Aibel will continue work on all platforms and onshore facilities that the company currently services.
“We have worked hard to qualify for the option. The award of the contract is a recognition for Aibel and strengthens our position as the preferred supplier of maintenance and modification services on the Norwegian continental shelf”, says CEO Jan Skogseth of Aibel.
Around 2,500 Aibel employees are involved in the Statoil M&M contract. The company is present at plants and installations across the shelf through two contracts. One includes the onshore plants of Kårstø, Kollsnes and Sture. The other is for the offshore installations Draupner, Statfjord, Oseberg, Huldra/Veslefrikk, Njord, Kristin, Norne and Hammerfest LNG.
The option now invoked applies from 1 August 2014 and lasts until 31 July 2016.