RAMIRENT SIGNS NATIONWIDE LIFT RENTAL AGREEMENT WITH STATOIL IN NORWAY

Press release Ramirent Plc 1 June 2015 11:00 a.m.


Vantaa, Finland, 2015-06-01 10:00 CEST (GLOBE NEWSWIRE) --  

 

Ramirent AS and Statoil ASA have signed a nationwide frame agreement whereby Ramirent will supply lifts to Statoil's onshore and offshore facilities in Norway. The four-year agreement includes an option for an extension of additional two years. The value of the agreement is not disclosed.

“We are very pleased with the trust that Statoil shows us by choosing Ramirent as nationwide provider,” says Ramirent Norway’s Managing Director, Øyvind Emblem. “The contract is an important milestone in Ramirent's strategy and commitment to the Oil & Gas industry, supporting Ramirent’s growth strategy in Norway.”

With this agreement Ramirent expands its offering to the Oil & Gas industry as it has previously mainly supplied the sector with High Class Temporary Space for office and accommodation.

Ramirent lifts will be used for modification and maintenance work at Statoil facilities. Typically, the whole refinery/plant is shut-down for 8-10 weeks and the lifts are used to access all parts of the plant with rental periods ranging from 1 day to 12 months.

In April 2015, Ramirent opened a new customer centre at Coast Center Base in Sotra to better meet the needs of suppliers and subcontractors working on offshore rig and service projects. The Sotra customer centre specialises on tailoring solutions for service companies supplying the oil industry.

“We are proud to develop a long-term partnership with Statoil. Our Ramirent professionals look forward to responding to Statoil's high quality and safety requirements at all levels from its customer centres located along the coast from Stavanger to Hammerfest,” says Emblem. 

Contact persons at Ramirent:
Øyvind Emblem, Managing Director, Ramirent Norway Mobile: +47 95 75 11 88, oyvind.emblem@ramirent.no

RAMIRENT – MORE THAN MACHINES. We are a leading rental equipment group combining the best equipment, services and know-how into rental solutions that simplify customer business. We serve a broad range of customers, including construction and process industries, services, the public sector and households. In 2014, Group sales totalled EUR 614 million. The Group has 2,600 employees at 301 customer centres in 10 countries in the Nordic countries and in Central and Eastern Europe. Ramirent is listed on the NASDAQ Helsinki Ltd.

DISTRIBUTION:
NASDAQ OMX Helsinki, the main media, www.ramirent.com