Large Offshore Platform Contract for Norway's Fabricom

Suez E & P Norge has awarded Fabricom the contract for Gjøa platform modification work to the value of half-a-billion kroner

The contract is for five years, with extension options of two periods of two years. The estimated contract value is 500 million kroner incliuding studies, detailed design, procurement, construction, and installation services.

Fabricom expects the contract will create significant activity at its offices and facility in Stavanger, Norway as well as on Gjøa.

“This contract is very important for Fabricom and contributes to strengthen our position as a competent provider of maintenance and modification services on the Norwegian shelf, declared Fabricom CEO Jens Chr. Terjesen in a statement.

“The contract supports Fabricom’s long term business goals. We have initiated ambitious improvement processes where we now strengthen our expertise and execution capability,” he added.

“Our activity level is increasing, and the contract fits well with the planned move to the new and larger offices in Forus in 2013,” concludes Mr Terjesen.