Equinor has awarded 12 new framework agreements for maintenance and modifications to the company's offshore installations and onshore facilities in Norway. The agreements have a total value of around DKK 100 billion, run for five years and come into force in the first half of 2026 with the possibility of extension. Equinor informs in a press release.
The agreements have been awarded to seven suppliers: Aibel, Aker Solutions, Wood Group Norway, Apply, Rosenberg Worley, Head Energy and IKM Gruppen. Three of the seven suppliers are new players within maintenance and modifications for Equinor. Aibel and Aker Solutions have won contracts for both offshore installations and onshore facilities and are also among the suppliers qualified for major modification projects and upcoming tenders.
- The Norwegian continental shelf will remain the backbone of Equinor for a long time. Our ambition is to maintain a high level of production and stable energy supplies to Europe towards 2035. At the same time, the shelf is entering a mature phase that will require new solutions. To succeed, we must find new ways of working together with the supplier industry that strengthen our competitiveness, says Kjetil Hove, Group Executive Vice President responsible for the Norwegian Continental Shelf at Equinor.
Ensure long-term activity
According to Equinor, the agreements have a total annual value of around DKK 10 billion and are expected to create activity throughout the country. Job creation at the suppliers is estimated at around 4,000 full-time equivalents.
- These are strategically important agreements and overall among the largest that Equinor has awarded. The agreements will ensure long-term activity and value creation throughout Norway. The goal is a close, long-term and predictable collaboration that strengthens the safety culture and our shared competitiveness. Together we will work safer and smarter and scale up the use of new technology, says Jannicke Nilsson, Chief Procurement Officer at Equinor.
The agreements cover work on a wide range of installations on the Norwegian Continental Shelf, including Johan Sverdrup, Troll, Oseberg, Gullfaks and Snøhvit, as well as onshore facilities such as Hammerfest LNG, Mongstad, Kårstø and Øygarden. The final division of tasks will be determined when the contracts are signed, which is planned for week four.
Equinor also plans significant investments on the shelf up to 2035, including annual investments of DKK 60-70 billion, drilling around 250 exploration wells and 600 wells for increased recovery, and developing more than 75 subsea projects that can be connected to existing infrastructure.
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