Bunker Oil signs new framework agreement with the Norwegian Defence Materiel Agency
Bunker oil signs new framework agreement with the Norwegian Defence Materiel Agency
Bunker Oil AS Oil has signed a new four-year framework agreement with Forsvarsmateriell - Norwegian Defence Materiel Agency for the supply of fuel to vessels belonging to the Navy, the Coastal Hunter Command, the Coast Guard, the Governor of Svalbard, the Norwegian Coastal Administration, the Institute of Marine Research and the Norwegian Defence Research Establishment, among others.
New four-year framework agreement
The new agreement will enter into force on 1 July 2026, following the expiry of the current agreement on 30 June 2026. The agreement covers the delivery of fuel from Bunker Oil's plants, tankers and tankers along the entire Norwegian coast – from Kirkenes in the north to Egersund in the south.
Crucial presence along the coast
Bunker Oil's strong presence along the coast has been a decisive factor. The authorities have signalled increased activity and presence from the Navy and the Coast Guard in the waters off Troms and Finnmark. With large facilities in Kirkenes, Båtsfjord, Honningsvåg, Hammerfest and Tromsø, in addition to several smaller facilities, Bunker Oil is well equipped for increased activity in the High North. The facilities in Tromsø, with their proximity to Olavsvern, will be particularly important during the agreement period.
Deliveries from small boats to larger vessels
The deliveries will vary in size – from a few thousand litres for the Coastal Ranger Command's smaller vessels, to several hundred cubic metres for the Navy's other fleet.
The contract's financial framework is estimated at NOK 1.2–1.5 billion, and the agreement will have a major impact on activity at Bunker Oil's facilities along the entire coast.
A renewal of the Navy's fleet is also underway, and Bunker Oil is looking forward to supplying fuel to the new vessels as well.
Many and strict requirements
"The Norwegian Defence Materiel Agency places many and very strict requirements on its suppliers. Our employees and partners have really worked hard and delivered at all hours of the day, all year round. Through this, we have shown that Bunker Oil is a reliable supplier," says Tore Slinning, contract manager at Bunker Oil.
He emphasizes that the agreement is important for the company.
"We look forward to four more years as a supplier of fuel to the Norwegian Defence Materiel Agency. The agreement is of great importance to Bunker Oil, in addition to the fishing fleet, which is still by far our largest and most important customer group," says Slinning.