Oil services provider Aker Solutions has secured a NOK1.8bn ($302m) framework contract from BP in Norway.
Under the agreement, Aker will provide engineering, modifications and maintenance services for BP’s oil and gas fields offshore Norway.
The contract runs for a period of two years, with options to extend for another four years.
Aker will carry out work on the Ula, Tambar, Hod, Skarv and Valhall fields and undertake studies, maintenance and modification project work.
The company will also carry out a number of decommissioning services for BP.
The contract will start on 1 June 2014, after the expiration of a similar agreement for the same services.
Aker Solutions regional president in Norway Per Harald Kongelf said: "This is a testament to the quality of our deliveries and the strength of our partnership with BP in Norway.
"I’m very pleased that BP has chosen to continue working with us on the Norwegian continental shelf."
Aker and BP have worked together for more than 20 years and signed the first long-term framework agreement of the existing nature in 1999.
Oslo-based Aker provides products, systems and services to the oil and gas industry, and employs around 28,000 people in approximately 30 countries.
Image: Aker Solutions headquarters at Fornebu S20 in Norway. Photo: courtesy of Aker Solutions / Eivind Røhne.