Statoil awards Njord contract

Published March 17, 2017 in News releases.

Statoil, on behalf of the partners in the Njord licence, today awards an EPC contract to Kværner for the upgrade of the Njord A platform.

The EPC (engineering, procurement, construction) contract is call-off under a framework agreement signed on 1 April 2016. The contract is worth some NOK 5 billion.

"The contract will create around 3,000 man-years of employment,” says Torger Rød, head of project development in Statoil.

VNG Norge holds 2.5% in the Njord licence.

Please read the full announcement here.