Aker Solutions awarded drilling upgrade contract on the Oseberg B platform
20 March 2009 - StatoilHydro has awarded Aker Solutions an engineering, procurement, construction and installation (EPCI) contract for upgrading the drilling facilities on the Oseberg B platform. The project is expected to extend the productive lifetime of Oseberg B. Contract value is estimated to be approximately NOK 1 300 million.
"This is the first significant drilling upgrade project in the North Sea. We are very pleased to demonstrate that we are well positioned for this emerging market. This project falls solidly within our core competence and will benefit from our in-house technologies in drilling, engineering, equipment and offshore integration," says Jarle Tautra, executive vice president, Aker Solutions.
The contract covers upgrades of all drilling systems for wells of up to 9 000 metres, delivering increased drilling regularity. Scope of work includes prefabrication and offshore installation of equipment and prefabricated items, and offshore completion and commissioning.
In Norway the project will utilise Aker Solutions' drilling equipment business unit in Kristiansand together with the company's centre of maintenance and modification expertise based in Bergen. Prefabrication will take place in Egersund. Work under the contract will start immediately and be completed in April 2013.
The contract party is Aker Solutions' subsidiary Aker Offshore Partner AS.
ENDS
For further information, please contact:
Media:
Jannik Lindbæk, SVP Corporate Communications, Aker Solutions. Tel: +47 67 51 30 36, Mob: +47 977 55 622
Jannik Lindbæk, SVP Corporate Communications, Aker Solutions. Tel: +47 67 51 30 36, Mob: +47 977 55 622
Investor relations:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39, Mob: +47 911 37 194
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39, Mob: +47 911 37 194
Suppliers:
For further information about sourcing and potential subcontracts for this project, please contact BA Global Sourcing Champion, telephone number found here: http://www.akersolutions.com/Internet/SuppliersCentre/Contacts/SupplyManagementContacts.htm.
For further information about sourcing and potential subcontracts for this project, please contact BA Global Sourcing Champion, telephone number found here: http://www.akersolutions.com/Internet/SuppliersCentre/Contacts/SupplyManagementContacts.htm.
Career opportunities:
Visit http://www.akersolutions.com/Internet/CareerCentre
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Aker Solutions ASA, through its subsidiaries and affiliates ("Aker Solutions"), is a leading global provider of engineering and construction services, technology products and integrated solutions. Aker Solutions' business serves several industries, including oil & gas, refining & chemicals, mining & metals and power generation. The Aker Solutions group is organised in a number of separate legal entities. Aker Solutions is used as the common brand/trademark for most of these entities.
Aker Solutions' parent company is Aker Solutions ASA. Aker Solutions has aggregated annual revenues of approximately NOK 58 billion and employs approximately 23 000 people in about 30 countries.
Aker Solutions is part of Aker (www.akerasa.com), a group of premier companies with a focus on energy, maritime and marine resource industries. The Aker companies share a common set of values and a long tradition of industrial innovation. As an industrial owner controlling 40.27 percent of the shares in Aker Solutions through Aker Holding AS, Aker ASA takes an active role in the development of Aker Solutions.
This press release may include forward-looking information or statements and is subject to our disclaimer, see www.akersolutions.com.
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