Including its current vessels, Statoil has 16 supply vessels on long-term contract with 10 different ship owners.

We will still need the spot market after these awards, but the need will vary from day to day.

With an ambition of being a leading company in carbon-efficient oil and gas production, Statoil is also focusing on reducing emissions from our logistics activities.

Frida Eklöf Monstad is head of Statoil's marine unit in the company's logistics activities, and has with her colleagues, worked extensively with the ship owners to reduce fuel consumption and emissions.

'Since 2011 we have reduced CO2 emissions from our vessel portfolio on the Norwegian continental shelf (NCS) by close to 30%, and together with the ship owners we want to further reduce our climate footprint. Vessels that can demonstrate low fuel consumption have therefore been successful in this award. Based on our experience battery operation has a good impact on consumption and emissions, and we are pleased that all vessels awarded long-term contracts with us today will be equipped for battery power and shore power,' says Monstad.

None of the vessels awarded contracts currently have a system for battery-operation or shore power. This equipment will however be installed, and the NOx fund is a key support player and contributor to the ship owners in their effort of installing batteries.

The vessels will have «Battery Power Notation», which allow them to achieve great savings in fuel consumption while working in dynamic positioning alongside the installations.

Statoil already has two battery-operated vessels on contract.

Statoil ASA published this content on 28 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 28 June 2017 07:44:41 UTC.

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