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RS establishes supply framework agreement with Equinor for MRO supply solutions

Posted on 23 October 2023

RS establishes supply framework agreement with Equinor for MRO supply solutions

RS, a trading brand of RS Group plc (LSE: RS1), a global provider of product and service solutions for industrial customers, today announced a new supply framework agreement with Equinor, a prominent global broad energy company, to provide maintenance, repair and operations (MRO) products within the United Kingdom. This collaboration ensures quick access to critical spares and maintenance equipment that will elevate operational efficiency and minimise downtime.

In 2022, RS Group made a significant commitment to the renewable energy sector by establishing a specialised team dedicated exclusively to servicing the offshore wind industry. This dedicated resource has played a fundamental role in understanding the sector's unique challenges and responding to them with a suite of innovative solutions. As part of this partnership, RS Group will leverage its extensive experience in providing meticulously curated MRO products, tailored solutions, and industry leading innovations, all tailored to meet the distinctive demands of the offshore wind sector.

This agreement will see RS provide MRO products to Equinor’s offshore wind projects: Sheringham Shoal and Dudgeon wind farms off the coast of Norfolk; Hywind Scotland, the world’s first floating wind farm; Dogger Bank, the world’s largest offshore wind farm being built; as well as the Mariner oil field in the UK North Sea.

"We're excited to support Equinor in its net zero journey," said Veronica Maxted, Director of Renewables at RS Group. "This new framework agreement shows our commitment to sustainable energy solutions and our belief in Equinor's innovative approach. By combining our expertise with Equinor's innovation, we aim to contribute significantly to clean energy growth and help shape the future of renewable energy."

RS

RS is a trading brand of RS Group plc, providing product and service solutions that help our customers design, build, maintain, repair and operate industrial equipment and operations, safely and sustainably. We stock more than 750,000 industrial and electronic products, sourced from over 2,500 leading suppliers, and provide a wide range of product and service solutions to 1.1 million customers.

We support customers across the product lifecycle, whether via innovation and technical support at the design phase, improving time to market and productivity at the build phase, or reducing purchasing costs and optimising inventory in the maintenance, repair and operation phase. We offer our customers tailored product and service propositions that are essential for the successful operation of their businesses and help them save time and money.

RS Group plc is listed on the London Stock Exchange with stock ticker RS1 and in the year ended 31 March 2023 reported revenue of £2,982 million.

 

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