Norway’s Aker Solutions has entered a strategic partnership agreement to deliver maintenance and modification services on Vår Energi-operated assets on the Norwegian Continental Shelf.
The partnership, which also includes Honeywell and StS-ISONOR, will work under a five-year deal with the option to be extended up to 11 years.
Vår Energi’s operations span the entire Norwegian continental shelf with a diversified portfolio of 200 licenses and 42 producing fields.
In December 2024, Aker Solutions signed a frame agreement to deliver maintenance and modification services for Vår Energi’s Jotun, Balder, and Ringhorne assets in the southern Norwegian Continental Shelf. These activities will be a part of the partnership agreement.
“Aker Solutions, Honeywell and StS-ISONOR represent world-leading technical expertise and extensive experience in areas of strategic importance to our activities. By year-end, we will increase production to around 400,000 barrels per day, which makes us one of the world’s fastest-growing oil and gas companies,” said Torger Rød, Vår Energi’s COO.
Energy News Beat