Statoil awards maintenance and modification deals

Norwegian oil and gas giant Statoil has on Tuesday awarded maintenance and modification agreements worth NOK 24 billion ($2.7 billion), including its LNG export plant on Melkøya Island.

Statoil informed in a statement it awarded main contractor deals for the company’s installations on the Norwegian continental shelf (NCS) and for the onshore plants at Sture, Kollsnes, Kårstø and Melkøya to Aibel, Apply Sørco, Reinertsen and Wood Group Mustang.

Contracts are signed for a period of six years with an extension option of four years and are set to start in the first quarter of 2016.

Statoil added that remaining options of existing maintenance & modifications agreements will not be exercised.

The company also awarded five competition agreements to Aibel, Aker Solutions, Apply Sørco, Reinertsen and Wood Group Mustang.

These contracts cover the period of 10 years starting in the first quarter of 2016.

LNG World News Staff