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KAEFER Energy secures contract with Statoil until 2031

Troll A platform
Øyvind Hagen - Statoil - Troll A platform
Bård Bjørshol & Sigve Aabø
Bård Bjørshol & Sigve Aabø

Statoil has awarded KAEFER Energy the longest contract in the company's history for services within insulation, scaffolding / access, surface protection and passive fire protection, running until 2031.

The contract covers most of Statoil's offshore installations and will initially be used to continue the offshore portfolio that KAEFER Energy is currently responsible for, namely six installations on the fields Troll, Åsgard and Kristin. The contract value based on these installations and the duration of the contract, represents several billion (Norwegian Krone).

"This is a strategically important contract for KAEFER Energy," says CEO in KAEFER Energy Bård Bjørshol, "ensuring important and stable employment for many years to come. The award also comes at a time when the oil and gas industry is experiencing major challenges, particularly with regard to reduced order intake and maintaining employment levels.

"We are very happy today," continues Bjørshol, “and humble in relation to the total value of the contract. This award demonstrates Statoil's satisfaction with KAEFER Energy over many years of continuous maintenance, both offshore and at several onshore facilities. In recent years, we have implemented extensive improvement programs that have also contributed to Statoil’s positive assessment of our services.”

Bjørshol attributes recent improvements to the commitment of employees to lean management methods over the last five years. In addition, KAEFER Energy has worked hard on improving both risk management and HSE work in general, with extremely positive results.

"We have used all our experience and knowledge in proposing solutions we believe will serve Statoil,” says Director of Business Development Sigve Aabø. “This important new contract comes shortly after we were awarded a comprehensive maintenance contract by Statoil at the Mongstad onshore plant. The sum of these contracts is significant and we consider it as a solid recognition from Statoil in relation to the extensive deliveries made in recent years.