Equinor Buys Inspection Services for Over US$380 million
Equinor has chosen suppliers for inspection services on all its offshore installations on the Norwegian continental shelf and onshore plants in Norway.
Equinor revealed on the 15th November that it has chosen suppliers for inspection services on all its offshore installations on the Norwegian continental shelf and onshore plants in Norway.
The agreements, which are scheduled to be signed shortly, will be awarded to Aker Solutions AS, Axess AS, Oceaneering Asset Integrity AS and IKM Operations AS and will take effect from the 1st January 2020, Equinor revealed.
The agreements have a fixed duration of six years plus two four-year options. The total value of the agreements, including options, is estimated at just above US$383 million (NOK 3.5 billion).
“The agreements will ensure predictability for both Equinor and the suppliers,” Peggy Krantz-Underland, Equinor’s chief procurement officer, said.
“They form the basis for a strong long-term collaboration, allowing us to use new technologies, achieve continuous improvement and increase safety and value creation for all parties,” the CPO added.
A summary of the facilities the suppliers will cover under the agreements can be seen below:
| Main Supplier | Facilities | |
| Aker Solutions AS | Statfjord (A, B, C), Martin Linge, Oseberg field centre, Oseberg (South, East, C), Asgard (A, B, C), Kristin, Heidrun (TLP, B), Njord (A, B) and Mongstad. | |
| Axess AS | Gullfaks (A, B, C), Troll (A, B, C), Kvitebjorn, Visund, Grane and Valemon. | |
| IKM Operations AS | Snorre (A, B), Sleipner, Gudrun, Gina Krog, Draupner, Johan Sverdrup and Tjeldbergodden. | |
| Oceaneering Asset Integrity AS | Karsto, Sture, Kollsnes, Hammerfest LNG, Norne, Aasta Hansteen and Johan Castberg. |
Earlier this month, Equinor signed an agreement to sell its 63 percent interest in, and operatorship of, its onshore business in the US Eagle Ford to Repsol for US$325 million.
Source: Rigzone