GDF SUEZ E & P Norge AS has awarded Fabricom a long-term contract for modification services for the Gjoa platform. The contract has duration of 5 years with optional extensions for two (2) periods of two (2) years. Contract value is estimated to be in the range of 500 million NOK. The work will include studies, detailed design, procurement, construction and installation services. After a predefined implementation period Fabricom expects that the contract will provide significant activity in Fabricom offices and workshop in Stavanger, as well as on the Gjoa platform.
This contract is very important for Fabricom and contributes to strengthen our position as a competent provider of maintenance and modification services on the Norwegian shelf, says CEO Jens Chr. Terjesen. The contract supports Fabricomís long term business goals. We have initiated ambitious improvement processes where we now strengthen our expertise and execution capability. Our activity level is increasing, and the contract fits well with the planned move to the new and larger offices in Forus in 2013 concludes Terjesen.