ClampOn signs two year contract extension with Statoil

The companies entered into a framework agreement three years ago, and following a successful initial three years Statoil has decided to exercise an option to extend this agreement. This option came into force 31st March 2015.

The contract covers the supply of ClampOn equipment, including advanced acoustic sand monitors and corrosion-erosion monitors, and related service and support functions.

"We see this extension as recognition from Statoil of the work we do as the company uses ClampOn's instruments and services a lot. In 2013, the latest year we have full financial data for, ClampOn's deliveries to Statoil were worth 35 million kroner, and of course we hope to build on this in the coming years," said Torbjørn Haugsdal, Service Manager at ClampOn. “This is an important contract for us and will help in securing employment in the coming years”.