Izomax has signed a multi-year Master Service Agreement with a global supermajor, marking an important milestone in expanding our technology footprint across all continents.
Prior to signing the MSA, Izomax successfully delivered multiple operations for this customer across several continents, avoiding production losses valued in the hundreds of millions of USD. These operations showcased the tool’s ability to consistently deliver safe and efficient isolations – reinforcing the value of AOGV in critical, shutdown-free interventions.
Anticipated to be worth well over 10 million USD, this agreement reflects the scale and trust placed in Izomax’s technology by one of the world’s leading operators.
This is the second time in two years that a top-tier operator has entered into a long-term partnership with Izomax. In 2023, we signed a similar MAS-agreement with Shell, further strengthening our position as a trusted provider of shutdown-free mechanical isolation. You can read more about that here.
“As we expand further into global markets, this latest award is another example of critically important energy companies recognizing the value proposition of Izomax AOGV technology. Our ability to provide positive isolations safely and efficiently, without the need for hot work, is unique. Recognition of the part we play in avoiding shutdowns keeps our team energized,” says Senior Director and Head of Operations, Anne Bergsagel.
Today, Izomax works with supermajors, NOCs, and independents across Norway, Europe, the Americas, Asia, Africa, the Middle East and Australia – supporting operators in reducing downtime, emissions and risk.
