Aibel AS is a Norwegian engineering, procurement, construction, and maintenance (EPCM) contractor serving the energy sector. The company delivers complex projects and lifecycle services for offshore platforms and onshore processing facilities, supporting development, modifications, and operations.
Its capabilities cover early-phase studies, detailed engineering, procurement, fabrication, assembly, hook-up and commissioning, and long-term maintenance and modifications. Aibel’s portfolio spans oil and gas production, LNG and gas processing, electrification and power-from-shore solutions, and an expanding role in offshore wind, including converter platforms and substations. With fabrication yards and project offices in Norway and internationally, Aibel executes large module builds and brownfield upgrades for complex process plants and industrial installations.
chemXplore tracks 1 project involving Aibel.
Aibel's role on them: EPC.
Portfolio concentrated into fewer countries, expected ~USD 20bn free cash flow 2026–2030; US, Brazil and Angola to drive growth; higher margins from high-grading and stepped-up exploration.
Strong cash generation and higher earnings supported a proposed 10% dividend rise to €0.70/share; Bacalhau ramp-up and a €318m renewables purchase shaped the quarter.
Equinor's framework agreements, worth NOK 100 billion, aim to enhance operations, create jobs, and boost competitiveness in Norway's offshore and onshore facilities.
Bacalhau field in Brazil starts production with over 1 billion boe reserves, using advanced FPSO technology for efficient, low-emission output. Expected to create 50,000 jobs over 30 years.
An internal investigation identified multiple factors in a fall accident, prompting safety improvements and enhanced supplier collaboration at onshore facilities.
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