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  <h1>Maintenance contracts with GE Energy Services and MTU Maintenance</h1> 
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    <div class="date-module"> <span class="date_module-icon fa fa-calendar"></span> <span>October 30, 2006, 16:00 CET</span> 
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     <p>Hydro has, in cooperation with Statoil and ExxonMobil, entered into two parallel frame agreements with GE Energy Services (Norway) og MTU Maintenance Berlin-Brandenburg (Germany) for the repair and maintenance of gas turbines, type GE LM2500. The contracts will cover gas turbines installed both onshore and offshore in the Norwegian sector.</p> 
     <p>Hydro is operator of nine offshore platforms, with a total of 25 gas turbines, type GE LM2500. The gas turbines are used for power production as well as re-injection of gas to increase oil output and/or export of gas from the field.</p> 
     <p>The contracts become effective in December 2006. Hydro's share in the agreements, which cover the period 2007-2009, is some NOK 175 million. The total value of the contracts for all three companies is about NOK 700 million.</p> 
     <p>The contracts will also include options for eventual extensions of two and three years.</p> 
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