Maintenance of GE turbines on Statoil oil platforms valued at $200 m

MTU Maintenance, a provider of maintenance services for commercial engines and industrial gas turbines (IGTs), has extended its contract with Norwegian oil and gas company Statoil for its General Electric LM industrial gas turbines. The seven-year agreement is valued at more than USD 200 million.

Under the deal, MTU Maintenance will be responsible for the maintenance, repair and overhaul (MRO) for parts of the commercial LM IGT fleet, which is operated offshore on Statoil’s oil platforms. Statoil has been entrusting MTU Maintenance with its LM series industrial gas turbines for many years. MTU has been responsible for the MRO of its LM2500, LM2500+ and LM6000 series IGTs since 2006. Besides providing conventional MRO services in Ludwigsfelde near Berlin, the package covers on-site services and the supply of spare parts.

André Sinanian, Managing Director and Senior Vice President of MTU Maintenance Berlin-Brandenburg said, “Our IGT center of excellence offers its customers substantial benefits. IGTs are a key pillar of our business, accounting for over a third of our revenues. We are looking forward to supporting Statoil with the expertise and experience in LM industrial gas turbine maintenance we have gained over many years.”