Equinor has awarded four new contracts worth approximately $560m (Nkr5bn) to service firm Aibel.

Equinor chief procurement officer Mette H Ottøy said: “The contracts will require a large-scale effort by Aibel’s Norwegian organisation, including personnel in Haugesund, Harstad, Asker, and Stavanger.”

Aibel secured a front-end engineering and design (FEED) contract for the unmanned processing platform at the Equinor-operated Krafla field in the Norwegian Continental Shelf (NCS).

Equinor said that the FEED study would help in tying an unmanned platform to the Aker BP-operated platform on the NOA field.

The study is a continuation of the pre-FEED contract, which was awarded in 2020. Equinor has partnered with Aker BP for the Krafla licence.

Equinor has signed another FEED study contract with Aibel for the Asterix subsea development in the Norwegian Sea.

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By GlobalData

The contract includes an option for an extended FEED study and the implementation of topside modifications for tying the discovery to the Aasta Hansteen platform.

The project is expected to help extend the longevity of the Aasta Hansteen field.

Aibel has received a third contract for modifications to Gina Krog and Sleipner A to tie the platforms together with a new pipeline, which will replace the Randgrid floating storage and offloading vessel.

The Gina Krog licence partners include Equinor Energy, PGNiG Upstream Norway, and KUFPEC Norway.

Aibel has also been given a fourth FEED contract for the electrification of turbines and pressure boilers at the Kårstø processing plant.

The company plans to carry out the project at its office in Haugesund, Norway.

The Kårstø electrification project is expected to reduce CO₂ emissions by around 500,000 tonnes per year.

Equinor project development senior vice-president Geir Tungesvik said: “We have a long-term cooperation with Aibel, one of our main cooperation partners in further maturing our project portfolio on the Norwegian continental shelf (NCS).

“In our ongoing projects, we have tested new digital tools enhancing our efficiency, which will be important going forward. More use of industry standards and energy-efficient solutions are central to maintain profitability and be able to realise projects also in the future. This is something we will ensure together with Aibel through these contracts.”

Earlier this year, Equinor awarded contracts to ABB and Siemens Energy to provide electrical equipment services on all of its assets in the NCS.