Brief: Ratos Company Aibel Signs Contract At Aasta Hansteen

Ratos AB

29/11/2022 11:02

Nov 29 (Reuters) - Ratos AB  RATOb.ST :
    * RATOS COMPANY AIBEL GETS BILLION NOK ASSIGNMENT AT AASTA
HANSTEEN
    * AIBEL DESCRIBES CONTRACT AS 'LARGE' - A TERM USED BY AIBEL
WHEN
IT COMES TO AGREEMENTS IN ORDER OF NOK 1.5-2.5 BILLION
    * AIBEL HAS BY EQUINOR BEEN AWARDED A BILLION NOK CONTRACT
FOR
EXTENSIVE MODIFICATIONS AND PREPARATION OF AASTA HANSTEEN
PLATFORM FOR TIE-IN OF IRPA FIELD
    * ENGINEERING WORK STARTS IMMEDIATELY, WHILE FIRST OFFSHORE
ACTIVITIES ARE EXPECTED ALREADY DURING FEBRUARY 2023
    * PROJECT IS EXPECTED TO BE COMPLETED IN 2026
    * PROJECT WILL EMPLOY A MAXIMUM OF 200 PEOPLE

Source text for Eikon:  ID:nWkr6FdHVX 
Further company coverage:  RATOb.ST 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;))