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The new frame agreements are intended to be signed in February and represent a significant order intake for Aker Solutions.

The five-year agreement provides Equinor with the flexibility to extend the contract for two additional periods of three and two years.

The scope includes maintenance and modification services for the following offshore assets:
Johan Sverdrup, Troll, Kristin, Åsgard, Heidrun, Njord, Grane, Kvitebjørn and Valemon.

In addition, Aker Solutions is expected to provide maintenance and modification services for the Øygarden onshore facilities, including Kollsnes and Sture, as well as maintenance services for Northern Lights.

“We are grateful for this renewed trust, which we view as a strong endorsement of the quality of service we have provided to Equinor for decades. Our commitment to supporting safe and efficient operations, along with our proven ability to adapt to changing conditions on the Norwegian Continental Shelf, has been clearly recognised,” said Kjetel Digre, Chief Executive Officer of Aker Solutions.

“Under the current frame agreement, we are boosting productivity, reducing costs and shortening project lead times by fundamentally changing how we work. This marks the beginning of a broader transformation, as Aker Solutions builds on this progress and aims to take our collaboration with Equinor to the next level,” Digre added.

The new frame agreements will involve Aker Solutions’ locations in Trondheim, Bergen and Stavanger, with fabrication carried out at the company’s yard in Egersund. The agreements will also provide work for offshore personnel.

“We have set ambitious goals and are proud to offer the capabilities of a highly skilled and experienced workforce with an adaptive mindset. This contract award is a strong testament to the quality and consistency of the services our teams have delivered over many years,” Digre said.