Equinor Awarded Engineering and Installation Services Framework Agreement

Equinor has, on behalf of the licence partners, awarded Apply a framework agreement for engineering and installation services on the North Sea Statfjord field. According to the agreement the parties will collaborate in new ways while carrying out the work on Statfjord safely and efficiently.

The agreement covers overhaul, replacement and modification deliveries on the three Statfjord platforms. The period of agreement is seven years, plus a three-year option. The agreement will take effect on 1 September 2020.

“Our ambition is to become a leading late-life operator on the Norwegian continental shelf. In order to succeed, we must apply new working methods to reduce costs. This will create opportunities for new investments in late-life fields, so that we can extract the last resources in a profitable way and with low carbon emissions,” says Kjetil Hove, senior vice president for the new business area Field Life eXtension (FLX)