Vår Energi Awards Maintenance Contracts

November 26, 2019

(Photo: Vår Energi)
(Photo: Vår Energi)

Independent oil and gas producer Vår Energi said it has signed frame agreements with Apply Sørco and Aker Solutions for modifications and maintenance support for the company’s operated assets.

The frame agreements, which cover operation, maintenance, modification and engineering services, have a duration of three years with options for a total of two additional years, Vår Energi said in a statement.

Aker Solutions revealed in a separate announcement that the frame agreement is for three years, with an option for two additional years.

Aker Solutions said the value of its contract will be determined by future call-offs by the operator and license partners, but the oilfield services company estimates it will book about NOK 600 million ($65.4 million) as order intake in the fourth quarter.



Current News

Golar Unit CEO Takes Leave of Absence Amid Corruption Probe

Golar Unit CEO Takes Leave of Absence Amid Corruption Probe

Oil & Gas to Drive Unprecedented Growth in Senegal, President Says

Oil & Gas to Drive Unprecedented Growth in Senegal, President Says

JDR to Link Two Azeri Platforms with Fiber Optic Power Cable

JDR to Link Two Azeri Platforms with Fiber Optic Power Cable

Baker Hughes Lands Major Order in Qatar for North Field East Project

Baker Hughes Lands Major Order in Qatar for North Field East Project

Subscribe for OE Digital E‑News

Offshore Engineer Magazine