Karsten Moholt AS wins billion NOK agreement with Statoil ASA

Monday March 2nd Karsten Moholt AS signed a framework agreement for condition monitoring, service and repair of rotating electrical equipment and electric equipment on all Statoil's installations on the Norwegian continental shelf. The agreement has a duration of 12 years, including options, and has a total estimated value of 1 billion NOK

  • Monday was a day of joy for Karsten Moholt AS. We have in recent years focused on strengthening our competitiveness, and built up a high-tech center of expertise for rotating electrical equipment in Askøy, and established an office in Harstad. In parallel, we work hard with process improvements, as well as efficiency and development of new maintenance solutions. The recognition Statoil has shown us today is an important motivation to continue this work, says Linn Cecilie Moholt, CEO at Karsten Moholt AS.

New opportunities in turbulent times
Karsten Moholt AS has 70 years experience in precision maintenance. The company pursues a philosophy to minimize customer maintenance costs, while increasing reliability and equipment life. This is, in today's challenging markets, more relevant than ever.

  • Correct and cost optimal resource utilization is today more important than ever. New and smart solutions that reduce time and resource consumption is the key to success. We are now looking forward to expanding our cooperation with Statoil and deliver new and cost-saving maintenance solutions in the future, says Moholt.

Long history
Karsten Moholt AS has a long history as a supplier to Statoil. The company has, for many years, delivered precision maintenance of rotating electrical equipment to Statoil, which has led to a long partnership that has been in continuous development.

  • We are very happy to receive this renewed confidence from Statoil. This agreement is also recognition of the effort our employees has put down to deliver competitive quality to Statoil for a long time, says Moholt.

For more information, contact:
Linn Cecilie Moholt, CEO of Karsten Moholt AS. Phone: +47 932 50 802.
Email: linn.moholt@karsten-moholt.no