Vår Energi lets maintenance, modification services contract for Norwegian Continental Shelf assets

Vår Energi has let a contract to Aker Solutions to deliver maintenance and modification services for the operator’s Jotun, Balder, and Ringhorne assets in the southern area of the Norwegian Continental Shelf (NCS).

The 5-year agreement, valued by the service provider at NOK 0.5-1.5 billion, includes an option for Vår Energi to extend the contract by up to three additional 2-year periods.

Aker Solutions has been providing maintenance and modifications services for Vår Energi’s Jotun, Balder, and Ringhorne assets for more than 20 years. 

The work will be managed from Aker Solutions' office in Stavanger, Norway, while fabrication will be carried out at the company's yard in Egersund. 

The work under the frame agreement will begin in January 2025.