StatoilHydro frame agreements

StatoilHydro has entered into frame agreements for pipe and pipe fittings with four suppliers, to take effect from 1 January. The four group-wide agreements will run from 2009 to 2011, with two extension options of two years each. StatoilHydro is entering into frame agreements with: Ahlsell Oil & Gas AS; Norwegian Piping AS; Scandinavian Fittings and Flanges AS; and Vector International AS. These deals secure access for StatoilHydro to pipe, pipe fittings and flanges for production and projects. The agreements apply primarily to the Norwegian continental shelf but can also be exercised in the group’s international projects. These frame agreements replace the previous agreements with Scandinavian Fittings and Flanges and Ahlsell Oil & Gas which expired earlier this year. The other suppliers, Norwegian Piping and Vector International, have not had such contracts with StatoilHydro before.
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