Norsk Hydro awards US$ 110 million contract to ABB


ABB says today that Norsk Hydro, the Norwegian energy resource group, has awarded the company a two-year, US$ 110 million contract to continue maintaining and modifying oil and gas installations in the North Sea.

ABB says Norsk Hydro has extended an existing maintenance and modification (M&M) frame agreement. Frame agreements of this sort generally include engineering, procurement, fabrication, installation and assistance during commissioning. This particular agreement, says ABB, employs approximately 500 people in Norway.

“It is a vote of confidence that Norsk Hydro wishes to continue the cooperation with ABB,â€

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