Equinor extends maintenance deals for $1.3bn
Norway's Equinor has exercised options worth 11.5bn kroner ($1.3bn) to extend framework contracts for maintenance and modification work at its onshore and offshore facilities, the company said on February 11.
The deals with Aibel, Apply, Aker Solutions and Wood Group have been extended by three years from March 1, 2023, Equinor said, representing the final options for those contracts.
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"We will encourage a reduction in CO2 emissions and costs through simplification, standardisation, smart solutions and competitive local deliveries that will contribute to local ripple effects," Equinor's chief procurement officer Mette Ottoy said. "The overall goal is that the enhanced cooperation will improve safety and produce results that will benefit both parties."