Aker Solutions has entered into a strategic partnership agreement to deliver maintenance and modification services on the assets and projects operated by Vår Energi on the Norwegian Continental Shelf (NCS).
The partnership also includes Honeywell and StS-ISONOR, building on an already established collaboration model. The contract has been penned for a duration of five years with the option to be extended up to 11 years.
Paal Eikeseth, Executive Vice President and Head of Aker Solutions’ Life Cycle segment, said, “We are proud to be a trusted and strategic partner for Vår Energi. At Aker Solutions, we believe that strong partnerships drive efficiency, foster continuous improvement, and enable a leaner project organisation.”
The partnership aims to create value through joint project planning, safe and efficient execution, collaboration and shared objectives.
Torger Rød, Vår Energi’s Chief Operating Officer, commented, “Aker Solutions, Honeywell and StS-ISONOR represent world-leading technical expertise and extensive experience in areas of strategic importance to our activities. With Vår Energi’s clear growth ambitions, a strong and long-term partnership is crucial.
“We are working purposefully to achieve results through close collaboration, actively utilising our partners’ core competencies. By year-end, we will increase production to around 400 thousand barrels per day, which makes us one of the world’s fastest-growing oil and gas companies.”
Vår Energi’s operations span the entire NCS with a portfolio of 200 licenses and 42 producing fields.