Company

Service agreement until 2014: Ferrostaal to provide maintenance services for ExxonMobil for another five years

Essen, 2009-12-22

Ferrostaal will continue to supply ExxonMobil Production GmbH with pipes and spare parts for another five years. In addition to supplying the locations and various stations of ExxonMobil, Ferrostaal will also supply the agreed material for the company’s contractual partners, plants and facilities.

Ferrostaal has been a maintenance supplier for ExxonMobil since 1998. Tenders were invited from throughout Europe for the new service agreement which was subsequently awarded to Ferrostaal. This agreement will start in January 2010 and expires in December 2014. In addition to two plants for processing natural gas, ExxonMobil also operates more than 100 drilling stations, various pipelines, gas tanks and compressor stations in Germany.

About Ferrostaal AG

Ferrostaal is a global provider of industrial services in plant construction and engineering. As a general contractor in plant construction, the company offers project development, project management and financial planning for turnkey installations, including petrochemical plants, gas and solar power stations, oil and gas installations, biofuels and industrial plants. Ferrostaal operates as an independent sales and service partner in the automotive, printing and packaging machinery, piping and marine construction sectors, employing around 4,400 people in 60 different countries. In 2008, its annual turnover amounted to 1.6 billion euros. 70% of the shares in Ferrostaal AG are held by the International Petroleum Investment Company from Abu Dhabi (IPIC), while 30% are owned by MAN AG (Munich, Germany).