Norway: Prezioso Linjebygg Snags New Maintenance Contract

Norwegian explorer and producer Statoil has said that it awarded a contract worth Nkr1.1bn (€115.4mn) to Prezioso Linjebygg for maintenance services at Sture and Kollsnes.

The contract is awarded on behalf of operator Gassco and will cover insulation, scaffolding and surface treatment maintenance services at the two processing plants, as well as rope access technique, rigging and other related tasks. The contract is for a 10-year period. 

"This framework agreement with Prezioso Linjebygg for the delivery of ISO services at Sture and Kollsnes marks the start of a long-term partnership between the companies," head of Sture and Kollsnes processing plants Olav Badsvik said. "We are now signing a long-term contract with Prezioso Linjebygg, and have expressed clear expectations for deliveries that ensure safe, reliable and efficient operations."

Last month, Statoil also announced that it was awarding Prezioso Linjebygg a contract for insulation, scaffolding and surface treatment services for installations on nine of its 29 installations. 

And on February 4, it was announced BP had contracted Prezioso Linjebygg to cover all of its 13 platforms and one production vessel on the Norwegian continental shelf. The fields include the Valhall, Hod, Ula,Tambar, and Skarv fields. 

That contract, which will run from three years and up to nine years, is worth Nkr20mn (€2.1mn) a year, close to €19mn if the contract runs for the potential nine-year period. 

Erica Mills