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Alimak Group’s Norwegian operation gets order for Johan Sverdrup Phase II

EPC company Aibel has placed an order for an explosion-proof elevator with Alimak Group in Norway. The elevator is for Equinor's Johan Sverdrup Phase II project, with an order value of approximately MSEK 27.

The explosion-proof traction elevator and lift shaft will be used to transport personnel and goods in the process area on the platform. Engineering work will commence in November 2018 and the equipment will be delivered end of 2019.

Alimak Group in Norway has previously done business with Aibel for projects including Gudrun, Troll A, Sleipner B and Draupner and with Equinor through a frame agreement for all nine lifts to Johan Sverdrup Phase I and several other large projects in the past, including the order received in February and June 2018 for all four lifts for the Johan Castberg project.

"We are pleased to continue working with Aibel and Equinor, with who we have a long and successful history of collaboration, and to deliver this explosion-proof traction elevator to the Johan Sverdrup Phase II project. The activity level within the oil & gas sector has increased significantly during 2018, as further shown by this order and we are pleased to see a continued interest in our solutions that are built to support safe and reliable vertical access", says Tormod Gunleiksrud, CEO Alimak Group.

For further information, contact:
Mathilda Eriksson, Investor Relations Manager, +46 8 402 14 41  

This information is information that Alimak Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 16:30 CET on 13 November 2018. 

About Alimak Group
Alimak Group is a world-leading provider of vertical access solutions for the industry and construction sectors. With a presence in more than 100 countries, the Group develops, manufactures, sells and provides service to vertical access solutions with focus on adding customer value through greater safety, higher productivity and improved cost efficiency. The Group's products and solutions are sold under the brands Alimak, CoxGomyl, Manntech, Avanti and Alimak Service. Alimak has an installed base of more than 67,000 elevators, hoists, platforms, service lifts and building maintenance units around the world. Founded in Sweden 1948, Alimak has its headquarters in Stockholm, 12 manufacturing facilities in 8 countries and 2,400 employees around the world.