A brand new compensation format will assist enhance effectivity as Equinor awards new framework agreements for security and automation programs with 5 suppliers.

The framework agreements cowl operation of all the corporate’s installations on the Norwegian continental shelf (NCS) and onshore crops in Norway. They can also be utilized by the corporate’s worldwide actions and for brand spanking new improvement initiatives.

Total worth of the five-year fastened interval of settlement is estimated at simply above NOK 5 billion. Three five-year choices are extra, relying on the lifetime of every set up. The agreements cowl greater than 500 jobs.

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“We are happy to signal new agreements with all our suppliers of security and management programs. The agreements embrace a brand new compensation format that rewards protected and efficient deliveries, aiming for nearer collaboration and smarter upkeep and modifications. If we collectively reach lowering our complete prices, it’s going to profit everybody concerned within the effort,” says Peggy Krantz-Underland, chief procurement officer (CPO).

The security and automation programs on the installations are the mind of the crops. The agreements cowl every day operation and guarantee steady upkeep, modifications and upgrading. Cyber safety can also be turning into an more and more necessary a part of the work scope.

“Safety and automation programs are central for us to have the ability to work safely on the NCS. They will assist us meet our security necessities and remodel the NCS for continued excessive worth creation and low emissions through the subsequent a long time. To obtain this, we have to strengthen our competitiveness and collaborate effectively with our suppliers,” says Frode Abotnes, vice chairman for the technical multifield centre of operations expertise in Development and Production Norway (DPN).

“We will spend the primary two years of those agreements on establishing an ordinary for tips on how to clear up the duties. The deliveries which can be simplest and assist cut back our prices can be rewarded. We need this to be a win-win state of affairs for each us and the suppliers,” underlines Abotnes.

Source: www.worldoil.com

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