Statoil has renegotiated the terms of two of its long-term contracts with its suppliers.
The Norwegian operator today confirmed two new contracts worth a combined NOK11billin with Beerenberg Corp AS and Prezioso Linjebygg AS.
The deals include scaffolding and surface treatment services to 20 of the company’s 29 installations on the Norwegian continental shelf (NCS) over the next 15 years.
The two new contracts will replace the company’s existing contracts with these two suppliers regarding NCS services, according to the firm.
Jon Arnt Jacobsen, senior vice president for procurements in Statoil, said: “The suppliers understand the industry challenges and want to help solve them. Beerenberg Corp AS and Prezioso Linjebygg AS have during the renegotiations expressed that they focus on permanent improvements as well as quality and cost.”
Kjetil Hove, senior vice president for operations technology of development and production in Norway, added: “These contract awards mark an important milestone in the long-term improvement effort within insulation, scaffolding and surface treatment services.
“Beerenberg Corp AS and Prezioso Linjebygg AS have competitive deliveries, and with these long-term contracts we ensure a predictable and clear contribution to the cost reductions we want to achieve together.”