Moreld Apply awarded frame agreement for extended modifications with Equinor

January 8, 2026

Stavanger, 7 January 2026 – Moreld ASA (“the Company”) announces that its wholly owned subsidiary, Moreld Apply, has been awarded a frame agreement to compete for large, complex modifications on Equinor’s onshore and offshore facilities.

The EMOD/EPRO frame agreement will commence on 1 March 2026. The frame agreement has a duration of five years and includes extension options of three plus two years. The frame agreement is strategically important for the company and is estimated to contribute a volume as a major* contract over the contract period including options.

Moreld Apply will continue to deliver Maintenance & Modification (M&M) services to Equinor in the Norwegian market based on the current portfolio in the FLX contract.

*Moreld defines a major contract as above NOK 2 billion in expected value.