OREANDA-NEWS. Statoil has today, 7 January, awarded the service contracts for seven bases for the company in Norway. These contracts have been awarded to NorSea Group AS, Saga Fjordbase AS and Asco Norge AS.

The contracts awarded include terminal and warehouse services as well as storage and pipeline handling.

“These contracts, which will involve a long-term cooperation with the chosen suppliers, will result in great savings for Statoil’s logistical operations. Logistics represent some 10% of our field costs and making base operations more efficient is essential for extending the lifetime of the fields we operate,” says Astrid Sorensen, SVP for operations in Statoil.

The contracts, which in total are valued at roughly NOK 5 billion over a 10-year period, will therefore ensure a high level of activity and value creation over a lengthy period.

NorSea Group AS has been awarded the contract for terminal and warehouse services, plus storage and pipeline handling, at Dusavik in Rogaland, Kristiansund in More and Romsdal and Hammerfest in Finnmark, as well as terminal and warehouse services at Mongstad and Agotnes in Hordaland and warehouse services, plus storage and handling of pipelines in Floro in Sogn and Fjordane.

Saga Fjordbase AS has landed the contract for terminal services at Floro in Sogn and Fjordane, while Asco Norge AS has been awarded the contract for terminal and warehouse services, plus storage and pipeline handling, at Sandnessjoen in Nordland.

The contracts will have a duration of six years and will start up on 1 July 2015. They also include options for an extension of two plus two more years, so that they will have a duration of 10 years should all the options be exercised.