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    Equinor and Aibel agree on a 10-year strategic partnership

    Equinor and Aibel have signed a 10-year strategic collaboration agreement to investigate prospects for standardisation and simplification in areas like offshore wind and electrification of oil and gas installation, among other things.


    Aibel has been an important collaborative partner and supplier of offshore converter platforms for Equinor for numerous years.


    Furthermore, Aibel has been tasked with hooking up high-voltage systems offshore on various occasions, including the electrification of Johan Sverdrup and Wisting.


    Geir Tungesvik, Equinor executive vice president for projects, drilling, and procurement, said “Equinor has clear ambitions for the energy transition, and we have a high activity level in oil and gas, renewables and low-carbon technologies.”


    “Through this strategic collaboration agreement we create security for both parties, giving Aibel an opportunity to get more assignments, while we know that we will be able to deliver our projects with the high quality that Aibel is known for and we depend on to succeed.”


    The new collaboration agreement, according to Aibel CEO Mads Andersen, is an essential step forward in the firms’ combined improvement strategy, particularly in terms of safety.


    He said: “Aibel and Equinor have for a long time had a close and good collaboration on the NCS, and the new collaboration agreement forms the basis for a long-term continuation of this relationship.


    “The agreement offers Aibel predictability and a better foundation for long-term planning and competence development with less vulnerability to market fluctuations.


    “I am therefore convinced that the agreement will contribute to better, safer and not least more cost-effective deliveries benefitting both parties.”

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