Aker Solutions to deliver six drilling equipment packages to drillships in Brazil
27 August 2012 - Aker Solutions has won a contract to supply drilling equipment packages for a series of six deepwater drillships being built by Jurong Shipyard for the Brazilian market. The contract value is undisclosed.
The contract includes complete topside and subsea equipment (drilling riser and BOP) packages for six drillships, and an option for one further unit.
The equipment will be delivered from Aker Solutions in Norway and Germany, as well as from the company's new site in Brazil. Aker Solutions is building a new $100m service and manufacturing facility in Macaé, Brazil's offshore capital, in order to meet the company's growth in the country.
The drilling units will be delivered between 2015 and 2019. The first Aker Solutions equipment will be delivered in the second half of 2013. The contract includes project management, engineering, topside equipment, subsea package including Aker Solutions' Clip riser, and commissioning of the rigs at Jurong's yard in Brazil.
"This contract confirms our strong position in the Brazilian offshore market as well as in the deepwater drilling market. We are grateful for the trust we have been shown by Jurong Shipyard, which we have worked closely with for two years to position ourselves for this opportunity. We look forward to continuing the good, long-term collaboration with the shipyard and the drilling contractors on this project," says Thor Arne Håverstad, head of Aker Solutions' drilling technologies business.
Brazil
Between 20 and 50 per cent of the deliveries will be sourced and produced in Brazil, where Aker Solutions has had a strong presence since the 1990s. Today, more than 35 drilling units operate in Brazilian waters, using drilling equipment from Aker Solutions. The company also delivers subsea equipment, process systems and subsea intervention services locally to offshore operators in Brazil.
"With the delivery of six complete drilling packages, and a new service and manufacturing site under way in Macaé, Aker Solutions is taking another leap forward in Brazil. Over the last two decades, we have built a strong foundation to meet the growth we see in the market today. With 1 400 employees, we are committed to serve our clients in the Brazilian market," says Luis Antonio Araujo, regional president of Aker Solutions in Brazil.
The 335.000 m2 drilling equipment site in Macaé will be Aker Solutions' fourth facility in Brazil, in addition to sites in Rio das Ostras, Curitiba and Rio de Janeiro.
Deep water
The six new vessels will be operated by Norwegian drilling operators Seadrill and Odfjell Drilling (3 each) under 15-year charter contracts from Petrobras. The drillships will be capable of operating at 10,000 feet water depth and drilling to depths of 40,000 ft.
Aker Solutions offers complete drilling equipment packages, including project management, engineering, procurement and commissioning. The company provides the full range of topside drilling equipment and systems, and worldwide customer support through a global drilling lifecycle services organisation.
ENDS
For further information, please contact:
Media:
Ivar Simensen, Vice President Communications, Aker Solutions. Mob: + 47 46 40 23 17, E-mail: ivar.simensen@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.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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