Emerson signed a five-year framework agreement with Equinor to provide operational support, maintenance and upgrades of control technology, software and instrumentation on the Martin Linge platform in the Norwegian North Sea. The contract includes options for three more five-year periods.
KSB will supply MegaCPK chemical pumps and SISTO-RSK check valves for a 24 MW green hydrogen electrolysis plant under construction in Porsgrunn, Norway, for a German engineering contractor, with delivery by the end of 2022.
Bewi's acquisition of Jackon Holding AS, a Norwegian insulation and packaging group with about 935 employees and 20 facilities across the Nordics, Germany and Belgium, has been approved by all competition authorities. The deal value is not stated.
KSB Group will supply MegaCPK chemical pumps and SISTO-RSK swing check valves for a 24 MW green hydrogen electrolysis plant under construction in Porsgrunn, Norway, built by a German engineering contractor from Dresden.
Swedish distributor Ahlsell AB signed an agreement to acquire Norway's Intec Pumper AS, which has annual sales of NOK200 million and offers pumping solutions for water and wastewater. The deal is subject to approval by the Norwegian Competition Authority.
Viking Aqua signed a partnership agreement with AquaBioTech, which will act as RAS supplier for a land-based salmon farm to be built in Gulen, Norway.
Vår Energi ASA awarded Hammerfest-based Oss-nor a seven-year framework agreement for valve maintenance, testing and engineering on the Goliat platform in the Barents Sea, starting July 1, 2022.
OptiGroup, a FSN Capital portfolio company, agreed to acquire 100% of MaskeGruppen AS from Maske Holding AS, a Norwegian distributor of facility supplies, healthcare products and industrial packaging. The deal is subject to Norwegian Competition Authority approval.
TechnipFMC was awarded a significant engineering, procurement, construction and installation contract by Equinor for subsea tiebacks at the Halten East development on the Norwegian Continental Shelf, covering flowlines, umbilicals and subsea structures. The contract is subject to government approval of the development plan.
Wintershall Dea Norge awarded TechnipFMC an iEPCI contract for the Maria field revitalization in the Norwegian Sea, adding a six-slot template to boost production. TechnipFMC will supply subsea trees, spools, jumpers and flexible pipes.
Flowserve Corporation won a contract to supply Flowtop and Mark One control valves for the onshore site of the Northern Lights carbon capture and storage project near Bergen, Norway. The facility is estimated to be completed in 2024.
Norwegian insulation and packaging group Bewi agreed to buy all shares of Trondhjems Eskefabrikk, a Trondheim maker of cardboard boxes for the food industry. The deal is subject to competition authority approval and the price was not disclosed.
Norway's Lorentzen Hydraulikk signed an agreement on 1 April 2022 to supply combi winches for a purse seine and trawl vessel being built by Bredgaard Boats in Denmark. It is the largest single contract in the Kabelvåg company's history.
Equinor has awarded MAN Energy Solutions a contract to supply a subsea compressor unit for the Åsgard gas field offshore Norway, to be developed and tested in Zurich with delivery planned for March 2023.
Skarpenord AS won a contract from Wärtsilä to supply valve control systems for 12 LNG-powered container vessels being built in Asia, worth close to NOK 15 million. Deliveries run from Q2 2022 to Q2 2023.
Aker Solutions will carry out engineering, procurement and construction for a fifth subsea compression module for Equinor's Åsgard gas field offshore Norway. The module is a copy of the fourth and is due for delivery in August 2024. The contract value was not disclosed, though reported as NOK 200-700 million.
Listed Norwegian company Bewi agreed to buy packaging manufacturer Jackon, with the last owning family accepting cash of NOK 1.55 billion and the other family receiving shares worth about NOK 780 million more.
Framo, part of Alfa Laval, has acquired LiftUP, a Norwegian maker of pumps and cleaning equipment for removing dead fish and sludge from open cages. The deal strengthens Framo's sustainable aquaculture focus.
HAAS AS, owned by the Akselsen family and holding 50 per cent of Jackon, accepted BEWI's offer to acquire all Jackon shares, taking consideration in new BEWI shares. The minimum acceptance condition has been met.
Siemens Energy received a contract from Aker Solutions to supply electrical transmission, distribution and power management systems for Equinor's Troll West project in the North Sea, which will power Troll B and C from shore via a 150 MW subsea cable. Equinor estimates annual emissions cuts of about 500,000 tonnes.
OKEA awarded Subsea Integration Alliance, a Subsea 7 and OneSubsea alliance, an engineering, procurement, construction and installation contract for the Hasselmus subsea tie-back to the Draugen platform in the Norwegian Sea. Offshore operations are scheduled for 2022 and 2023.
Lakers Group signed a share purchase agreement to acquire Norsk Pumpeservice AS, a Norwegian aftermarket service and pump provider based in Fetsund near Oslo. The deal is expected to close in August 2021; the price was not disclosed.
Kongsberg Maritime signed a contract to upgrade three Hurtigruten coastal passenger ships with hybrid equipment packages, including lithium-ion energy storage and drives, with shipyard Myklebust Verft. The refit aims to cut CO2 emissions by at least 25 percent.
Equinor and partners' Vigdis subsea pump boosting station, a NOK 1.4 billion project awarded to OneSubsea, came on stream in May 2021 and is expected to add around 16 million barrels of oil.
Oslo-based offshore and marine compressor supplier TMC Compressors has appointed Christian Ness as CEO, succeeding Per Kjellin in a planned generational change. Kjellin stays on as advisor and joins the board.
Aker Solutions won a contract from ConocoPhillips to supply a subsea production system for the Eldfisk North development offshore Norway, with final deliveries scheduled for 2024. The contract falls in the NOK 1.2 billion to NOK 2 billion range.
Gamesa Electric won a contract to supply two 4.5 MW synchronous hydro generators for the 9 MW Fennefoss hydropower plant in Adger county, Norway, which began construction in September 2020 and is due to start operating in 2023.
Skarpenord, a subsidiary of Scana ASA, signed a final contract with the Rosenberg Worley yard in Stavanger to upgrade valve control systems on the production vessel Jotun, worth over NOK 30 million. Equipment delivery is scheduled for Q3 2021.
Italian bioplastics maker Novamont acquired BioBag Group, a Norwegian supplier of waste collection and packaging, in a deal estimated at €30 million, reported on January 13, 2021.
Ball Corporation produced a new range of recyclable aluminium bottles for Norwegian water brand Lofoten Arctic Water. The brand is also investing in a new filling line that will create skilled jobs in the Lofoten Islands.
Aker Solutions received a letter of intent from Norske Shell for the onshore Ormen Lange Phase 3 project, integrating a subsea wet gas compression system with the Nyhamna gas plant in Norway. The contract is valued at about NOK 600 million, with work starting in the first half of 2021 pending final investment decision.
Aker Solutions signed a letter of intent with Equinor to deliver a subsea production system for the Kristin Sør satellite fields in the North Sea, with a contract value of about NOK 1 billion ($114.3 million), work starting in 2021 and delivery by H1 2023.
Aktieselskapet Vinmonopolet awarded a framework contract for plastic bags for its stores to Stenqvist AS, with an award value of NOK 45,000,000 dated 3 November 2020.
Norsk Hydro and Lyse plan to merge part of their hydropower production in south-west Norway into a new company, Lyse Kraft DA, with normal annual production of 9.5 TWh. Hydro will own 25.6% and Lyse 74.4%.
Øvre Romerike Innkjøpssamarbeid awarded Empakk AS a NOK 3,200,000 contract for packaging used to pack, boil, store and distribute food for municipalities in Ovre Romerike, Norway. The award is dated 2020-10-21.
BEWiSynbra Group AB acquired BEWi Drift Holding AS for NOK 400 million, paid NOK 100 million in shares and NOK 300 million in cash. The deal was announced on August 17, 2020.
INOVYN has taken over and received the Venus expansion project at its PVC factory in Herøya Industrial Park, Porsgrunn, raising PVC paste resin capacity from 40,000 to 55,000 tonnes a year. Bilfinger handled project management, detailed engineering, procurement and facility management.
Equinor, on behalf of the Johan Castberg partners, awarded IKM Testing a long-term completion and commissioning contract at the Johan Castberg FPSO, running to 2024. Work covers leakage testing, PSV calibration and hook-up support.
AFRY signed a contract valued at MNOK 13.8 to upgrade the process solution for a new cheese production line at TINE's Storsteinnes dairy in Northern Norway. The wider upgrade is estimated at MNOK 181.
Aibel contracted PG Flow Solutions to supply a high-pressure twin screw liquid transfer pump system for Equinor's K-Lab subsea compressor test facility at the Kårstø processing plant in Norway.
Aker BP, on behalf of the Wellhead Platform Alliance, awarded PG Flow Solutions a contract to supply pump systems for the normally unmanned Hod B wellhead platform at the planned Hod field in the North Sea. The contract value was not disclosed and is subject to government approval of the development plan.
Aker BP and pump supplier Framo signed a six-year maintenance contract, extendable by six years, for seawater lift pumps covering all five field centres Aker BP operates. Compensation is linked to facility uptime, building on a 2018 pilot with Cognite.
Aker BP awarded Aker Solutions a NOK700 million (about $77 million) order to supply wellheads, subsea trees, satellite structures, controls and umbilicals for Phase 2 of the Ærfugl-Skarv subsea tieback in the Norwegian Sea.
TMC Compressors was awarded a contract by Hyundai Heavy Industries to supply 21 air lubrication system compressors and a control system for seven LNG carriers being built for Capital Gas Corp. The equipment will be manufactured in Norway and shipped to Korea.
Norwegian shipyard Aas Mekaniske Verksted awarded PG Flow Solutions a contract to supply eight seawater circulation pumps for a wellboat being built for Brønnbåt Nord AS, to be delivered in November 2021. The contract value was not disclosed.
OEM International signed an agreement to acquire the pump division of Finisterra AS in Norway, which sells Hermetic, Flux and Almatec pumps for chemical and industrial use. The division will be integrated into OEM Automatic AS.
OneSubsea contracted Nexans to design and supply two 120-km power umbilicals for a subsea multiphase compression system at Norske Shell's Ormen Lange gas field in the Norwegian Sea. Nexans will manufacture in Halden, Norway, and installation is planned for 2023.
Baker Hughes and Ocean Installer won a contract for engineering, procurement, construction and installation of subsea systems for the Balder X project on the Norwegian Continental Shelf. The award was reported on 7 November 2019.
Luster Mekaniske Industri (LMI) won its largest contract to date from OneSubsea to supply a pipe system for a subsea wet gas compressor system on the Ormen Lange field, with Shell as operator; value undisclosed and delivery planned for 2022.
A/S Norske Shell awarded OneSubsea, a Schlumberger division, a frame agreement for an EPCI contract to supply a subsea multiphase compression system for the Ormen Lange field in the Norwegian Sea.