Aker Kvaerner, ExxonMobil Extend Contract

Friday, January 25, 2008
ExxonMobil Exploration and Production Norway AS has exercised a two year option in its term contract with Aker Kvaerner in Stavanger, Norway. The contract covers all ExxonMobil operated assets in the Norwegian Continental Shelf.

"By exercising this option ExxonMobil show their satisfaction of the services Aker Kvaerner is delivering under this long term service agreement. We are very proud of being ExxonMobil's preferred supplier and that they recognise our company and our services as value adding to their operations", says Tore Sjursen, President of Aker Kvaerner Offshore Partner in Norway. Aker Kvaerner was awarded the Esso Broad Scope Services Agreement (BSSA) in 1998, covering technical support, maintenance and modifications services onshore, inshore and offshore related to assets in Norway and at the Norwegian Continental Shelf. The contract includes three additional two year options. ExxonMobil operates the Balder, Ringhorne, Jotun A and Jotun B assets, covered by the contract. Long term service contracts are core business to Aker Kvaerner in the maintenance, modifications and operations business segment. Such contracts are the foundation for development of our competencies, knowledge base and our tools and methods. Close relationship and cooperation with our clients under such contracts creates a unique environment for establishment and delivery of optimal services to our clients and their operating assets.

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Energy

Petrobras Downgrade Shakes Market

Moody's shocked bond investors this week with a surprise two-notch downgrade that put Brazilian oil company Petrobras in junk territory. The move was seen by some investors as overly assertive,

Brightoil Reports Steady Growth in Interim Results

Brightoil Petroleum (Holdings) Limited announced its interim results for the six months ended December 31, 2014, reporting steady growth over the period.   During the period,

Mexico Approves 5 Shallow Water Areas in Round One Oil Tender

Mexico has approved the terms for five shallow water areas containing around 355 million barrels of oil equivalent as part of its Round One tender to open up the country's oil fields,

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Port Authority Salvage Ship Electronics Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1261 sec (8 req/sec)