Framework agreements worth over €250 million strengthen leading market position in the North Sea oil and gas business

July 08, 2010

July 8, 2010

Bilfinger Berger wins major order: Framework agreements worth over €250 million strengthen leading market position in the North Sea oil and gas business

Bilfinger Berger Industrial Services has concluded new framework agreements worth a total of €250 million with the Norwegian energy group Statoil. The agreements cover service packages comprising insulation, corrosion protection and scaffolding work to be carried out for the maintenance of offshore production platforms and processing ships in the North Sea and of onshore plants in Norway and Denmark. The contracts will run for four years with renewal options for a further four years.

Bilfinger Berger is responsible for the maintenance of numerous offshore production and processing plants as well as refineries and gas liquefaction plants in Europe and North America. The Group is the market leader in the provision of industrial services for the North Sea oil and gas sector with an annual output volume of around €250 million and clients including the major international oil and gas companies.

The total output volume of Bilfinger Berger Industrial Services combined with Austrian MCE Group, which was acquired at the end of 2009, amounts to approximately €2.9 billion per annum, making Bilfinger Berger by far the largest German provider of repair and maintenance services for the process industry. More than two thirds of this output volume is generated outside the domestic market, with a focus on international business in Europe.

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