Statoil awarding contracts for insulation, scaffolding and surface treatment

Source: Statoil

Statoil has awarded two new, long-term contracts with estimated value of NOK 11 billion for insulation, scaffolding and surface treatment services to Beerenberg Corp AS and Prezioso Linjebygg AS.

Statoil has awarded two new, long-term contracts with estimated value of NOK 11 billion for insulation, scaffolding and surface treatment services to Beerenberg Corp AS and Prezioso Linjebygg AS.

They will provide services to 20 of the company’s 29 installations on the Norwegian continental shelf (NCS) when the contracts take effect.

Carried out on all installations on the NCS, as well as all onshore plants in Norway, these services have ripple effects in many parts of the country.

Taking effect in the first quarter of 2016, the contracts have an estimated total value of NOK 11 billion over the 15-year contract period. The two new contracts will replace the company’s existing contracts with these two suppliers regarding NCS services.

Statoil has also contracts with Bilfinger Industrier and Kaefer Energy, which the company intends to extend by exercising its contract options at a later date.

During the renegotiations the company maintained a close dialogue with the suppliers to achieve the best commercial and technical solutions and to secure sustainability and good profitability.

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