AF Group has signed a letter of intent to purchase 90 percent of the shares in 5D Group AS. The agreement is conditioned by a due diligence and an approval by the board of directors of AF Gruppen ASA. 5D Group is a supplier to the offshore industry, mainly within engineering, electrical and instrumentation as […]
The AF Group (AFG) has signed the contract for the “H7 Platform Removal Project”. The contract is signed with Statoil, on behalf of Gassco as operator for Gassled. The agreement covers planning, engineering, removal and demolition of the installation. The contract value is approx. NOK 420 million, ex option works. The agreement also includes […]
The AF Group has signed a contract with DeepOcean to demolish and recycle Statoils loading buoy at Statfjord C. For AF Group the contract comprises planning, engineering and preparation offshore, bringing the buoy onshore and recycling. DeepOcean has total responsibility for the contract, including implementing the subsea work and towing from Statfjord to the […]
September 2, 2011 | Posted in
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The AF Group has been awarded a Letter of Intent with Statoil, on behalf of Gassco as operator, regarding removal and recycling of the Norpipe H7-platform. The platform is located at the German continental shelf of the North Sea, and has been a part of the pipeline which exports gas to Europe. The Letter […]