Equinor awards nearly $10 billion in maintenance deals in Norway

Norway

OSLO, January 8, 2026 – Equinor has awarded framework agreements worth around NOK 100 billion (around USD 9.8 billion) to seven suppliers to support long-term maintenance and modifications at its Norwegian offshore and onshore facilities, the company said on Tuesday.

The 12 agreements, commencing in the first half of 2026, will run for five years with potential extensions and are expected to create around 4,000 man-years of work across Norway. They include new and renewed contracts for Aibel, Aker Solutions, Wood Group Norway, Apply, Worley Rosenberg, Head Energy and IKM Gruppen.

“These agreements facilitate long-term collaboration and continuous improvement on core tasks at Equinor’s offshore installations and onshore facilities in Norway,” Equinor executive vice-president for the Norwegian continental shelf Kjetil Hove said.

“Together, we will work safer and smarter, and scale up the use of new technology,” chief procurement officer Jannicke Nilsson added.

The deals are part of Equinor’s strategy to sustain production on the Norwegian continental shelf at around 1.2 million boepd towards 2035. The company plans to invest NOK 60 billion–70 billion (around USD 6 billion–7 billion) annually in new fields and recovery, drill around 850 wells, and execute thousands of modifications and interventions.

Equinor is a leading energy company headquartered in Norway, with operations in over 30 countries. In Norway, the company is the largest operator on the continental shelf and manages extensive offshore and onshore infrastructure supplying hydrocarbons to Europe.

Photo of the Johan Castberg FPSO courtesy of Equinor