Statoil Signs New Agreements with Aker, OneSubsea

Statoil Petroleum AS has signed master service agreements with Aker Solutions ASA and OneSubsea Processing AS, which form the basis for potential new EPC (engineering, procurement and construction) contracts for subsea equipment in the medium-term future.

In addition to the master service agreements, an EPC option agreement for a subsea production system has also been signed with OneSubsea, including framework agreements for subsea operations services and subsea add-ons. Last year Statoil signed a master service agreement and an EPC contract with FMC Kongsberg Subsea AS for Johan Sverdrup.

Torger Rod, vice president for projects in Statoil, commented in a company statement:

“In light of the current challenges the industry is facing the suppliers have demonstrated commitment and drive to break the cost curve and enhance competitiveness. Statoil has cooperated closely with the suppliers on technology qualification, concept development and pre-engineering studies, and jointly we have delivered successful subsea projects.

“We look forward to continuing the good collaboration going forward. The agreements constitute a framework upon which the suppliers can continue with optimization and cost reducing measures. Future awards will go to the suppliers who are willing to and capable of continuing the drive for sustained quality, standardization, higher efficiency and lower costs.”



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Polarcus Bags Broadband 3D Marine Seis... (Sep 23)
 -  PETRONAS Signs Contract with Schlumber... (Sep 23)
 -  Valmec Clinches Supply, Construction C... (Sep 23)
 -  Tullow Oil Confirms Turret Bearing Cov... (Sep 23)
 -  Sound Renegotiates Sidi Moktar Acquisi... (Sep 23)


Most Popular Articles

From the Career Center
Jobs that may interest you
Commercial Truck Driver
Expertise: Heavy Machinery Operator|Truck / HGV Driver
Location: Midland, TX
 
Petroleum Inspector II
Expertise: Field Service Tech|Marine Surveying|Surveying
Location: New Orleans, LA
 
I&E Technician - Odessa, TX
Expertise: Instrumentation Technician|Maintenance Technician|Safety Training Rep
Location: Odessa, TX
 
search for more jobs

Brent Crude Oil : $45.89/BBL 3.69%
Light Crude Oil : $44.48/BBL 3.97%
Natural Gas : $2.96/MMBtu 1.00%
Updated in last 24 hours