Xodus ink Lundin framework agreement

OE Staff
Wednesday, May 4, 2016

Xodus Group has been awarded a framework agreement by Lundin Norway to provide engineering studies and verification services for its developments on the Norwegian Continental Shelf.

The agreement is for four years with potential extension for two years. The framework agreement will see Xodus working closely with Kvaerner, EMAS Chiyoda Subsea and Kanfa as partners and subcontractors, giving Lundin access to concept owner expertise.

EMAS Chiyoda Subsea was formed in 2015 as a joint venture between EMAS and Japan's Chiyoda last year. Chiyoda is also part of Xodus Subsea, a joint venture with Xodus Engineering and Italy's Saipem, formed in 2014. Chiyoda is a majority shareholder in Xodus.

Xodus says the move is an important step for Xodus and its partners in establishing a comprehensive understanding of challenges related to Lundin’s discoveries including the particular challenges of arctic and sub-arctic areas. 

Xodus has already been awarded two call-off orders based on the framework agreement including a feasibility study for one of Lundin's developments in the Barents Sea.


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