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Saturday, January 10, 2026
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Home Logistics News

Equinor awards $10bn in contracts for facility maintenance

January 8, 2026
in Logistics News
Equinor awards $10bn in contracts for facility maintenance
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Norwegian energy major Equinor has awarded framework agreements to seven supplier companies with a total value of nearly $10bn (NOK 100bn).
Equinor awarded twelve new framework agreements for maintenance and modifications on the company’s offshore installations and onshore plants. The agreements commence in the first half of 2026, have a duration of five years, and include extension options of three and two years.
The agreements cover seven suppliers, three of which are new players in maintenance and modifications.
“The Norwegian continental shelf will remain the backbone for Equinor for a long time. Our ambition is to maintain a high production level and predictable energy deliveries to Europe towards 2035. At the same time, the shelf is entering a mature phase that will require new solutions. To succeed, we must, together with the supplier industry, find new ways of working that strengthen our competitiveness,” said Kjetil Hove, EVP for the Norwegian continental shelf at Equinor.
To support the ambition of maintaining the 2020 level of production at around 1.2m boe per day on the Norwegian continental shelf towards 2035, Equinor plans to invest about NOK 60–70bn ($5.9 to $6.9bn) annually in increased recovery and new fields on the Norwegian continental shelf.
The company will also drill around 250 exploration wells and about 600 wells for increased recovery, perform 300 well interventions annually and around 2,500 modification projects, and mature and develop over 75 subsea developments that can be tied to existing infrastructure.
Equinor will also look to reduce its greenhouse gas emissions towards nearly 50% by 2030, compared to 2015 figures, while delivering stable and predictable energy supplies to Europe.
“The agreements will ensure long-term activity and value creation across Norway, with job creation estimated at around 4,000 man-years at the suppliers,” added Jannicke Nilsson, chief procurement officer at Equinor.
Three companies were awarded maintenance and modifications for installations on the NCS. Aibel will work on Sleipner, Gudrun, Draupner, Gullfaks, Visund, Oseberg, Martin Linge, Aasta Hansteen, Norne, Johan Castberg, and Snøhvit.
Aker Solutions got the job on Johan Sverdrup, Grane, Troll, Kvitebjørn, Valemon, Kristin, Åsgard, Heidrun and Njord, while Wood won work on Snorre.
Maintenance and simple projects for selected installations on the NCS were given to Rosenberg Worley – Sleipner and Johan Sverdrup, Head Energy – Gullfaks, Oseberg and Troll, IKM Gruppen – Åsgard and Heidrun.
Hammerfest LNG, Mongstad, Kårstø, and Tjeldbergodden onshore plants will be maintained and modified by Aibel, while Aker Solutions will do the same on Øygarden.
Large modifications for installations on the NCS and the onshore plants, which are considered extended projects, will be done by Aibel, Aker Solutions, Apply, and Wood.
Tags: AndEquinorForTheWill

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