ABB and Statoil sign $23 million framework agreement
ABB announced that it has signed a frame agreement worth up to $23 million to deliver and maintain telecommunications systems for all of Statoil’s offshore installations. The agreement runs for three years, with an option for an extra year, and covers all internal and external telecommunications systems for Statoil’s offshore operations on the Norwegian continental shelf. The agreement has an expected value of between $6 and $8 million per year.
ABB's oil, gas and petrochemical business unit is responsible for the agreement, which in addition to maintenance, also includes pilot studies, construction, testing, installation and commissioning of modifications to telecommunications systems on all of Statoil's offshore installations. ABB deliverables include data networks, telephony, radio (UHF and VHF), public address, meteorology and radar systems.
ABB’s center of excellence for telecommunications in Norway has worldwide responsibility for telecommunications within the oil, gas and petrochemicals industry, and will work closely with Statoil to deliver these critical systems under the frame agreement.
"We are of course delighted with this agreement, which shows that Statoil has confidence in our technology, competence and ability to deliver the solutions they need for a reliable telecommunications infrastructure,” said Veli-Matti Reinikkala, head of ABB’s Process Automation division. “Our industry expertise in oil and gas, telecommunications project experience and track record of successful collaboration with Statoil were important factors in winning this contract.”