Aker Solutions officially opens Malaysian subsea service base
16 October 2012 - International oil services company Aker Solutions has expanded its subsea business by establishing a subsea lifecycle service base in Labuan, Malaysia. The objective is to support all installed and future shallow and deepwater projects within the Asia Pacific region.
An opening ceremony was held today at the new site and was officiated by Dave Hutchinson, head of Aker Solutions' subsea business in Asia Pacific.
"Our new subsea lifecycle service base shows Aker Solutions' commitment to serving our customers who require our services locally as well as being well placed to capture further potential clients. Malaysia represents an important market for our subsea business," says Dave Hutchinson.
The new service base will support Murphy Sabah Oil's current Kikeh and upcoming Kikeh Phase II, and Siakap developments with an expected 20 plus years' field life. Other important projects in this region include Petronas' Kumang Kanowit development.
"We have built a strong footprint in the Asia Pacific region over the past decade with the establishment of service bases in Perth in Australia, Kakinada in India, Songkhla in Thailand and now Labuan. We are now well placed to meet the needs of our customers with the opening of this new base in Malaysia," says Hutchinson.
Labuan Island is located off the northwest coast of Borneo, north of Brunei Bay and faces the South China Sea. Labuan was identified as a strategic location due to its proximity to the current and planned East Malaysian development locations. The site is accessible to other South East Asian locations including Vietnam, Philippines, Indonesia and China. Labuan has existing oilfield infrastructure and a port which supports local operators within the facility.
The facility covers 13 680sq/m with a workshop of 1 296sq/m that has a 75 tonne overhead crane and pressure testing capabilities of us to 15 000 psi. A team of 18 staff are currently employed at the Labuan base.
Aker Solutions also operates a high-tech subsea manufacturing centre in Port Klang, Malaysia. This facility can manufacture a complete subsea production system in one location. Aker Solutions is currently investing to double the manufacturing capacity at the Port Klang facility.
ENDS
For further information, please contact:
Media:
Severin Roald, Vice President Communications, Aker Solutions. Tel: +47 22 94 55 23, Mob: +47 92 03 00 33, E-mail: severin.roald@akersolutions.com
Investor relations:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39, Mob: +47 91 13 71 94, E-mail: lasse.torkildsen@akersolutions.com
Suppliers:
For further information about sourcing and potential subcontracts for this project, please visit www.akersolutions.com/suppliers
Career opportunities:
Visit http://www.akersolutions.com/careers
Aker Solutions provides oilfield products, systems and services for customers in the oil and gas industry world-wide. The company's knowledge and technologies span from reservoir to production and through the life of a field.
Aker Solutions brings together engineering and technologies for oil and gas drilling, field development and production. The company employs approximately 25 000 people in more than 30 countries. They apply the knowledge and create and use technologies that deliver their customers' solutions.
Aker Solutions ASA is the parent company in the group, which consists of a number of separate legal entities. Aker Solutions is used as the common brand and trademark for most of these entities. In 2011 Aker Solutions had aggregated annual revenues of approximately NOK 36.5 billion. The company is listed on the Oslo Stock Exchange.
This press release may include forward-looking information or statements and is subject to our disclaimer, see www.akersolutions.com.
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