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Norsk Hydro extends deal with ABB

According to the Aftenposten, ABB and Norsk Hydro signed a contract that extends their current cooperation for another two years. The extension is worth about NOK 1 billion and maintains 500 jobs. The contract includes maintenance and modification of Norsk Hydro oill and gas installations in the Oseberg, Brage, Troll, Visund, Njord and Stureterminalen fields.