Aker Solutions has entered into a new six-year frame agreement with ConocoPhillips Skandinavia AS (ConocoPhillips) for work on the Eldfisk and Ekofisk fields offshore Norway. The agreement includes options for up to two additional three-year extension periods.
The new frame agreement continues brownfield maintenance and modification (M&M) services on Eldfisk and Ekofisk, with the fresh contract period starting in January 2027. Together, the two installations form one of Aker Solutions’ most important M&M portfolios offshore Norway.
“The global offshore industry needs standardized and efficient solutions, executed with speed and precision. Our aim is to reduce costs without compromising safety,” said Paal Eikeseth, Executive Vice President and head of Aker Solutions’ Life Cycle Business.
The work will be managed from Aker Solutions’ office in Stavanger, while fabrication will take place at the company’s yard in Egersund. The agreement will also provide work for offshore employees supporting the Eldfisk and Ekofisk facilities.
Eikeseth said the contract underpins the long-term relationship between Aker Solutions and ConocoPhillips, and reflects the performance delivered by their teams over many years. He added that the companies intend to secure continuity in maintenance and modification activities on Eldfisk and Ekofisk under the new frame agreement.
The total value of the contract will depend on the volume of M&M work ordered over the six-year firm term. Aker Solutions categorises the award as “substantial”, a classification it uses for contracts in the range of NOK 2.5 billion to NOK 4 billion. The agreement will be booked as order intake in the fourth quarter of 2025 in the company’s Life Cycle segment.
