Equinor dishes out safety and control systems deals worth over $555 million

Norwegian oil and gas company Equinor has awarded new framework agreements for safety and automation systems to five suppliers. 

The control room on the Snorre A platform in the North Sea. (Photo: Even Kleppa – Woldcam / Equinor)

Equinor said that the framework agreements cover operation of all the company’s installations on the Norwegian continental shelf (NCS) and onshore plants in Norway. They may also be used by the company’s international activities and for new development projects.

Total value of the five-year fixed period of agreement is estimated at just above NOK 5 billion ($555.2M). Three five-year options are additional, depending on the lifetime of each installation. The agreements cover more than 500 jobs.

The framework agreements were awarded to Kongsberg Maritime, Siemens, ABB, Honeywell, and Emerson.

Peggy Krantz-Underland, chief procurement officer (CPO), 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.”

According to the company, the safety and automation systems on the installations are the brain of the plants. The agreements cover daily operation and ensure continuous maintenance, modifications and upgrading. Cyber security is also becoming an increasingly important part of the work scope.

Frode Abotnes, vice president for the technical multifield centre of operations technology in Development and Production Norway (DPN), said: “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.”

“We will spend the first two years of these agreements on establishing a standard for how to solve the tasks. The deliveries that are most effective and help reduce our costs will be rewarded. We want this to be a win-win situation for both us and the suppliers,” underlines Abotnes.


Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email.

Also, if you’re interested in showcasing your company, product or technology on Offshore Energy Today, please contact us via our advertising form where you can also see our media kit.

Share this article

Follow Offshore Energy Today

Events>

<< Jan 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply