BAKU, Azerbaijan, January 8. Norwegian energy
company Equinor has awarded twelve new framework agreements for
maintenance and modifications across its offshore installations and
onshore facilities, the company said, Trend reports.


The agreements, set to begin in the first half of 2026, will run
for five years with optional extensions of three and two years.
Their combined annual value is estimated at NOK 10 billion. Equinor
said the deals are intended to provide predictability and support
the wider Norwegian supplier industry.


“The Norwegian continental shelf will remain the backbone for
Equinor for a long time,” said Kjetil Hove, executive vice
president for the Norwegian continental shelf. “Our ambition is to
maintain high production and predictable energy deliveries to
Europe towards 2035. These agreements facilitate long-term
collaboration and continuous improvement on core tasks at our
offshore and onshore facilities.”


Jannicke Nilsson, Equinor’s chief procurement officer, called
the deals “strategically important” and among the largest the
company has awarded. She said the agreements are expected to create
around 4,000 man-years of employment across supplier companies and
foster a culture of safety, efficiency, and technological
innovation.


The agreements cover maintenance and modifications for multiple
installations on the Norwegian Continental Shelf, including
Sleipner, Johan Sverdrup, Troll, Oseberg, Gullfaks, and Snøhvit, as
well as onshore plants such as Hammerfest LNG, Mongstad, Kårstø and
Tjeldbergodden. Seven suppliers are involved, three of which are
new to maintenance and modifications contracts.







Equinor said the agreements support its goal of maintaining
production at around 1.2 million barrels of oil equivalent per day
on the Norwegian continental shelf through 2035. The company plans
annual investments of NOK 60–70 billion for enhanced recovery and
new fields, drilling approximately 250 exploration wells and 600
production wells, performing 300 well interventions, and executing
around 2,500 modification projects.


The framework also aligns with Equinor’s climate objectives,
aiming to cut its greenhouse gas emissions by nearly 50% by 2030
compared with 2015 levels, while ensuring stable energy supplies to
Europe.


Contract signing is expected in the fourth week of January, with
final portfolio allocation to be confirmed at that time.