New Service Contract

The contract is based upon a number of agreed rates, which Maersk Oil can request jobs for execution in the workshop at Løvenborg Industri A/S. This type of contract is primarily used by Maersk Oil Technical Department in relation to solving urgent service and maintenance tasks.

Technical Director – Michael L. Madsen:

“With this contract we strengthen and develop the good cooperation that we already have with Maersk Oil. Løvenborg's vision is to become the preferred service company in Denmark in terms of delivering pipe spools, steel structures and manpower within the Scandinavian offshore energy sector and with this contract, we believe we have come a step closer. We expect increasing activities in Danish offshore oil & gas in the years to come and therefore we are very pleased to receive this contract. ”