Looking for a specific product?

Make a search for products & suppliers, articles & news.

Statoil establishes framework agreement with Kvaerner

Statoil today enters into a framework agreement with Kvaerner for the delivery of jackets for the North Sea in the period up to 2020. The companies will also sign a letter of intent for the delivery of two jackets to the Johan Sverdrup field.

The framework agreement gives Kvaerner the opportunity to perform engineering, purchasing and steel jacket construction in the North Sea in the period up to 2020. This agreement ensures greater consistency and secures Statoil the access to competitive expertise and capacity that will be crucial to forthcoming developments.

“It is highly pleasing that Kvaerner has managed to come up with a competitive and forward-looking delivery model. By so doing, Kvaerner has demonstrated that cost-reduction measures and increased efficiency do bear fruit. This is inspiring for us in Statoil. Safe and cost-effective resource utilisation and long-term value creation are our most important tasks,” states Statoil CEO Helge Lund.

Statoil has for some time now been actively involved in efforts to boost the competitiveness of the Norwegian supplier industry through collaboration with the industry in Konkraft, as well as by close dialogue with several suppliers relating to opportunities for simplification, greater efficiency and cost reduction. 

Through this agreement Statoil have secured critical deliveries at internationally competitive terms. This framework agreement is also a tool for further industrialisation and standardisation, which will be of significance in securing long-term competitiveness.

The first Statoil development to avail itself of this agreement is Johan Sverdrup, which will include four installations and jackets.

“The Sverdrup development is historic and the biggest on the Norwegian continental shelf since the 1980s. It is an industrial development with a 50-year perspective. This letter of intent signifies a fresh step forward in planning the first phase of Johan Sverdrup,” adds Lund.

 

To read more, please visit Statoil.com. 

Associated companies:


Related news

Latest news

DNV GL launches Operations & Analytics Centre in India to enable 24/7 monitoring for renewable assets globally

The new global monitoring centre is especially significant to independent power providers, 

DNV GL awards AiP to Jiangnan Shipyard for 93K cbm very large ethane carrier design “PANDA E”

The flexible, efficient and environmentally friendly design was developed by Jiangnan Shipyard in cooperation with GTT,

DNV GL starts phase II of project to examine the impact of phase-contamination on oil flow meters

Accurate measurement of the production of oil fields is an important means ...

Important message at the “AKVAculture Day”

We won’t be able to create growth unless we can handle the industry’s challenges.

Visit from the Ministry of Trade Industry and Fisheries

The Ministry visited in order to learn more about the industry. 

Sohome's new 2018 catalogue is out

Sohome has produced a brand new catalogue. 

Servogear propelled ‘Future of The Fjords’ – Ship of the Year at SMM

The world’s largest maritime trade fair, 

Rapid electrification and rise of wind and solar drive massive expansion and automation of power grids, DNV GL finds

The report forecasts continuing rapid electrification, 

DOF Subsea awarded Frame Agreement and several short-term contracts

The Atlantic region has been awarded a Frame Agreement...