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Equinor announces more than £400m safety and automation agreements

Martin Linge. Pic: Jan Arne Wold/ Woldcam / Equinor
Martin Linge. Pic: Jan Arne Wold/ Woldcam / Equinor

Norwegian energy giant Equinor has announced a multi-million safety and automation agreement with five suppliers.

The more than £400 million framework deal will cover operation of all the company’s installations on the Norwegian continental shelf (NCS) and onshore plants in Norway.

It will also cover Equinor’s international activities.

Siemens, ABB, Honeywell, Emerson and Kongsberg Maratime will all provide services across Equinors offshore installations.

The five agreements will cover a five-year fixed period.

Three five-year options are additional, depending on the lifetime of each installation.

The agreements cover more than 500 jobs.

Peggy Krantz-Underland, chief procurement officer, said: “We are pleased to sign new agreements with all our suppliers of safety and control systems.

“The agreements include a new compensation format that rewards safe and effective deliveries, aiming for closer collaboration and smarter maintenance and modifications.

“If we jointly succeed in reducing our total costs, it will benefit everyone involved in the effort.

The agreements cover daily operation and ensure continuous maintenance, modifications and upgrading.

Cyber security will also be considered as part of the work scope.

Frode Abotnes, vice president for the technical multifield centre of operations technology in Development and Production Norway, added: “Safety and automation systems are central for us to be able to work safely on the NCS.

“They will help us meet our safety requirements and transform the NCS for continued high value creation and low emissions during the next decades.

“To achieve this, we need to strengthen our competitiveness and collaborate efficiently with our suppliers.”

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