Ratos company Aibel has been awarded another major contract with
The contract was awarded following Aibel's completion of the front-end engineering and design (FEED) of the project, which aims to maximise gas exports from Oseberg and at the same time establish a solution for electrification of the gas compressors. This will reduce CO2 emissions from offshore production by more than 320,000 tonnes per year from 2025.
"The contract was secured only a few days after Aibel was awarded four major
The Oseberg contract means that, for the first time, the share of renewables in Aibel's order backlog is greater than the oil and gas share. Renewables now account for 60% of the order backlog of approximately
The extensive project execution work will be carried out at Aibel's offices in Bergen and Stavanger, with support from the offices in Haugesund and
"This week, Aibel has consolidated its position as the leading supplier of solutions for electrification of offshore and onshore production and processing plants. We are proud to play a central role in the work to decarbonise Norwegian oil and gas production. The Norwegian oil and gas industry has an ambition to realise a 40% reduction in CO2 emissions from the shelf by 2030. With this contract, Aibel will be able to make a significant contribution to achieving this goal," says
The contracts are conditional upon the customary approval by the authorities.
For further information:
+46 8 700 17 00
President and CEO,
+47 982 96 501
About Ratos:
Ratos is a business group consisting of 12 companies divided into three business areas: Construction & Services, Consumer and Industry. In total 2020, the companies have approximately
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