7 Jul 2015

Clariant Oil Services receives supply contract for the Johan Sverdrup field

To supply production chemicals and services to Statoil
Eight-year base contract duration with four-year option
Significant contract value, including option period

Houston, TX, July 7, 2015 – Clariant, a world leader in Specialty Chemicals, signed a framework contract with Statoil, representing the Johan Sverdrup partnership, on June 3, 2015 to supply production chemicals and services for the Johan Sverdrup oil field. The contract has a length of eight years with a four-year option, totaling 12 years. The contract’s start-date is July 1, 2015 and has a significant value, including the option period.

“We are excited to expand on our close relationship with Statoil, which has been built over many years. This long-term contract, especially with the highly contested bid process, shows the confidence Statoil has in Clariant’s capabilities to provide supply of innovative chemicals and services to meet their needs,” says Frode Bekkestad, managing director of Clariant Oil Services Scandinavia AS. “We look forward to continuing our partnership with Statoil to provide high quality products, expertise and services for the Johan Sverdrup field.”

The largest offshore oil find in the Norwegian continental shelf in 30 years, the Johan Sverdrup field is estimated to hold between 1.7 billion and 3.0 billion barrels of oil equivalents. It’s expected to produce 550,000 to 650,000 barrels of oil per day when fully developed. Statoil – Stavanger, Norway – has been named the operator for all phases of field production by the Johan Sverdrup partnership, which consists of Statoil, Lundin Norway, Petoro, Det Norske Oljeselskap and Maersk Oil.

“This agreement provides the foundation for a long-term, successful relationship between our organizations, with the goal of delivering enhanced performance over the full term of the contract,” adds Bekkestad. “This will continue to strengthen Clariant Oil Services’ position as a major supplier in the oil production chemicals market in the North Sea.”

Reader enquiries

Clariant International Ltd
Rothausstrasse 61
4132 Muttenz 1
Switzerland

ClariantInternational

clariant_international

Notes for editors

www.clariant.com

Clariant is a globally leading specialty chemicals company, based in Muttenz near Basel/Switzerland. On December 31, 2014 the company employed a total workforce of 17 003. In the financial year 2014, Clariant recorded sales of CHF 6.116 billion for its continuing businesses. The company reports in four business areas: Care Chemicals, Catalysis & Energy, Natural Resources, and Plastics & Coatings. Clariant’s corporate strategy is based on five pillars: increase profitability, reposition portfolio, add value with sustainability, foster innovation and R&D, and intensify growth.

www.oil.clariant.com

Clariant Oil Services is a leading provider of chemical technologies and services to the oil, pipeline and refineryindustries. A global business with headquarters in Houston, Texas, Clariant Oil Services is represented in all major oil and gas locations. From deepwater exploration to refining, Clariant Oil Services provides chemical products and services designed to reduce customer costs, decrease operational risks and improve production efficiency.

Clariant Oil Services operates state-of-the-art R&D and applications laboratories in the United States, Scotland, Germany, Brazil and Indonesia, as well as an environmental testing laboratory in Norway. Clariant Oil Services’ industry experience is supported by a dedicated global technical services network, providing a unique position from which to address and resolve customer challenges anywhere in the world, now and in the future.