Apply Sørco wins maintenance and modifications contract extensions from Statoil

Offshore staff

STAVANGER, Norway Apply Sørco has secured new frame agreements for maintenance, replacements and modifications (M&M) from Statoil worth about NOK 4 billion ($458 million) over the next six years.

The contracts include a main supplier agreement, replacing the current M&M agreement, and a competition-agreement related to modification projects Statoil chooses to offer for competitive bidding outside the main M&M contract.

The main supplier agreement lasts for six years, with a four-year option for extension. It covers Gina Krog, Sleipner, Gudrun, Draupner, Gullfaks, Kvitebjørn, and Valemon.

The frame agreement has a duration of 10 years and covers all of the company’s installations onshore and offshore Norway.

CEO Per Hatlem said: “The awards are a declaration of Statoil’s trust in Apply Sørco and come as a consequence of the deliveries we have made under the current agreement.

“Recent years have been challenging and it is a great motivation for the whole organization to be trusted with today’s contract awards. Over time, we see potential openings for hiring of new employees, both onshore and offshore, to meet requirements in the project portfolio.”


Share your news with Offshore at



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...