Equinor and Autronica extend fire-safety agreement for at least 6 years

STAVANGER, Norway, Aug. 27, 2018 – Autronica Fire and Security AS has entered into an agreement with the global energy company Equinor ASA to continue to deliver fire and gas goods and services for at least 6 more years. Autronica Fire and Security AS is a part of UTC Climate, Controls & Security, a unit of United Technologies Corp. (NYSE: UTX).

The agreement, which includes options for two 2-year extensions, is in addition to the existing framework agreement supporting both Johan Sverdrup and Johan Castberg fields for deliveries of safety systems. The new agreement also builds upon the previous framework agreement by adding upgrades to existing fire and gas equipment.

“We are very grateful for the trust and confidence Equinor has shown by awarding this new contract,” said Thor Egil Hafnor, global accounts director, Autronica Fire and Security. “This agreement will provide added predictability, along with even closer cooperation with a long-term customer.”

Autronica Fire and Security AS has been the main supplier to Equinor within fire and gas safety systems since 1984 with the most recent framework agreement in place since 2011.