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Aker Solutions Wins Two-Year Option Extension From Statoil

22 November 2013 - Aker Solutions ASA secured a two-year option agreement extension valued at NOK 3 billion from Statoil ASA to provide maintenance and modifications work offshore Norway. The option is part of a 2010 framework agreement to provide maintenance and modifications work on the Statoil-operated offshore installations Snorre A/B, Gullfaks A/B/C, Visund and Åsgard A/B. The agreement was for an initial four years with extension options for a total of four years. The extension is from August 2014 to August 2016. The contract includes engineering, procurement, construction and

Aker Solutions acquires UK engineering company I.D.E.A.S

16. July 2013 - Aker Solutions has acquired UK specialist engineering company International Design Engineering And Services Ltd (I.D.E.A.S) to boost its asset integrity management services. Glasgow, Scotland-based I.D.E.A.S. has developed software and technology that dramatically improves the quality and accuracy of integrity and life time analysis for oil and gas assets. The analysis can be applied in all phases of the development of an installation, from design through construction, operation and life extension. "This technology strengthens our offering of asset integrity management

Aker Solutions receives contract award notification from Husky

10 May 2013 - Aker Solutions has received a contract award notification for offshore engineering services to support Husky Energy's activities at the offshore White Rose field in Canada. The scope of work includes studies, modifications (EPCI) and campaign maintenance services. The duration is five years with an option to extend the contract for as many as 10 one-year periods. The estimated contract value is NOK 900 million for the five-year period. "We are delighted that Husky has chosen us as their preferred partner for offshore engineering services at the White Rose field," says

Aker Solutions wins contract from Premier Oil

11 April 2013 - Aker Solutions has won a contract to provide hook-up, commissioning and facility management services to Premier Oil at the operator's Solan field development, west of Shetland. [Aker Solutions wins contract from Premier Oil]The hook-up project will see two subsea production and two subsea injection wells tied back to a fixed production platform located in Block 205/26a of the UK North Sea, the first of its kind west of Shetland. The platform, which will not be permanently manned, will produce oil that will be stored in a subsea tank before being exported via an oil-

Aker Solutions awarded frame agreement with Petrobras

27th March 2013 - Aker Solutions has entered a frame agreement with Petrobras to provide subsea equipment for the oil company's deepwater pre-salt field developments in Brazil. The contract value is approximately NOK 4.6 billion (USD 800 million). The scope of work is for 60 well-sets with vertical subsea trees, subsea control systems, tools and spares within the 2014-2018 period. "Aker Solutions is honoured to work with one of the world's leading deepwater operators. This long-term agreement confirms our partnership with Petrobras and reflects our dedication to the Brazilian market,"

Aker Solutions receives second call-off from Petrobras

27th March 2013 - Aker Solutions has received a second call-off order from Petrobras for the delivery of subsea equipment for the Sapinhoá and Lula Nordeste pre-salt field developments in Brazil. The contract is a call-off from a frame agreement signed in April 2010. The contract value is undisclosed. Scope of work includes 20 well-sets with vertical subsea trees, subsea control systems, tools and spares within the 2013-2015 period. The contract is a call-off from a frame agreement signed in April 2010, when Petrobras ordered subsea production equipment for the Sapinhoá and Lula

Aker Solutions to tie Dagny gas production into Sleipner

30 January 2013 - Aker Solutions has been awarded the second call-off project under the Sleipner Modification Portfolio Agreement, involving the tie-in of gas production from Dagny. Contract value is NOK 650 million and the work will commence immediately. [Aker Solutions to tie Dagny gas production into Sleipner]The contract involves modification work on Sleipner A. In more detail, this includes engineering, procurement, construction, installation and commissioning (EPCIC) to tie the gas production from the Dagny platform into Sleipner A. "We are very proud to be selected by Statoil

Aker Solutions secures five year MMO frame agreement

[Aker Solutions secures five year MMO frame agreement]14 January 2013 - Aker Solutions has secured an important five year frame agreement for the execution of contracts across Talisman Sinopec Energy UK Ltd's brownfield projects on the UK continental shelf. Although the contract contains no firm spending commitment, the anticipated multi-million pound agreement cements the long standing relationship between the two organisations. Mike Forbes, UK managing director of Aker Solutions maintenance, modifications and operations (MMO) business said: "Talisman Sinopec Energy UK Ltd is

Aker Solutions boosts Canada presence

7 January 2013 - International oil service group Aker Solutions strengthens its commitment to the Canadian oil and gas market through taking full ownership of Newfoundland and Labrador-based AKCS Offshore Partner. [Aker Solutions boosts Canada presence]"The buy-out will support Aker Solutions' growth plans in North America and be the foundation for further expansion in St. John's and Atlantic Canada.  This is a firm commitment from Aker Solutions to continue to invest in this region to offer the best possible support to our customers," says Tore Sjursen, head of maintenance,

Aker Solutions wins Gullfaks South contract

28 December 2012 - Aker Solutions has been awarded a topside modification contract by Statoil to increase oil recovery at Gullfaks South. Estimated contract value is NOK 180 million. The main object of the project is to deliver topside modification for tie-in of two new templates, located at Gullfaks South, to Gullfaks A, plus topside modification for re-routing production from existing template D from Gullfaks A to Gullfaks C. Scope of work under the Gullfaks South increased oil recovery topside project includes engineering, procurement, construction, installation and commissioning

Aker Solutions acquires Thrum Energy

22 November 2012 - Aker Solutions, the international oil services provider, is buying Canadian asset integrity management (AIM) company Thrum Energy Inc. The acquisition will grow Aker Solutions' AIM portfolio and increase the company's presence in the Atlantic Canada market. [Aker Solutions is buying Canadian asset integrity management (AIM) company Thrum Energy Inc. ]Thrum Energy is a St. John's, Newfoundland-based asset integrity management company. The company provides a diverse portfolio of quality services to both onshore and offshore assets in Canada. Asset integrity

Aker Solutions increases fabrication capacity in northern Norway

26 October 2012 - Aker Solutions has acquired a fabrication facility in Sandnessjøen, Norway, to increase its fabrication capacity in the Norwegian Sea and further north. The purchase is part of Aker Solutions' northern Norway strategy. [Aker Solutions increases fabrication capacity in northern Norway]The facility, which is located at Helgelands Industrial Park in Sandnessjøen, Norway (Helgelands Næringspark), is being acquired from Ruukki Construction Norge AS. Historically, the core competence at the facility has been within fabrication of steel structures, including product

Aker Solutions secures contract with Total E&P UK Ltd

17 October 2012 - Aker Solutions has secured a three year contract to provide operations and maintenance services to Total E&P UK Ltd and its joint venture partner DONG E&P (UK) Ltd at the new Shetland Gas Plant (SGP). [Aker Solutions secures contract with Total E&P UK Ltd]The agreement includes provision of operations, maintenance and services support personnel for Total E&P UK at the new gas plant, which will receive gas from the Laggan and Tormore fields, west of Shetland. The contract is valid for three and a half years with an optional two year extension. It will see the

Aker Solutions helps extend the life of the fields offshore Brunei

27 September 2012 - Aker Solutions has been selected as the management contractor for Brunei Shell Petroleum Co Sdn Bhd's (BSP) offshore construction and maintenance services. The contract runs for five years and has an estimated value of over NOK 2.3 billion. As the management contractor Aker Solutions will be responsible for managing the construction and maintenance work for BSP's offshore assets, and transferring competence to enable local businesses to gradually assume responsibility for the work. "This is another very important contract for Aker Solutions in South East Asia and a

Aker Solutions secures contract with Perenco UK

23 July 2012 - Aker Solutions has secured a three year contract extension worth £18million (GBP) to provide onshore and offshore operations and maintenance services to Perenco UK. [Aker Solutions secures contract with Perenco UK]The agreement includes provision of operations, maintenance and technical support personnel for Perenco at its on and offshore assets in the southern North Sea. More than 80 Aker Solutions employees are currently involved in delivering work for Perenco UK with the majority based offshore. The contract is valid for three (3) years, with an optional two (2)

Aker Solutions awarded frame agreement with ExxonMobil

27 June 2012 - Aker Solutions has been awarded a frame agreement by ExxonMobil Exploration and Production Norway AS. Contract value is undisclosed. The frame agreement covers engineering, procurement, construction and installation for ExxonMobil's operated assets on the Norwegian continental shelf. The fixed contract duration is five years from 2012 to 2017, with options for two additional five year periods. The frame agreement will be managed from Stavanger. "We are very proud to be chosen by ExxonMobil to undertake this work on the Norwegian continental shelf," says Tore Sjursen,

Aker Solutions to deliver engineering and fabrication services to Kvaerner's Edvard Grieg contract

3 May 2012 - Kvaerner ASA has today announced its intent to use Aker Solutions as a sub-contractor for its engineering, procurement and construction (EPC) contract for the topside for the Edvard Grieg platform (formerly Luno). The field is operated by the Swedish oil and gas exploration and production company Lundin. Aker Solutions will deliver design engineering and procurement services from the company's offices in Oslo, Norway and Mumbai, India, with support from Kvaerner. Fabrication and assembly of the 4 500 tonne process module will be conducted by Aker Solutions' yard in

Aker Solutions to support Kvaerner's Nyhamna contract

19 April 2012 - Kvaerner ASA has today announced its intent to use Aker Solutions as a sub-contractor for the company's work for A/S Norske Shell to deliver engineering, procurement, construction and management (EPCM) for modifications and projects at the Ormen Lange/Nyhamna onshore facilities on the west coast of Norway. Aker Solutions will deliver engineering and modification work from the company's offices in Oslo, Kristiansund and Tromsø. When finalised, the sub-contract is expected to represent approximately NOK 850 to 950 million in revenues for Aker Solutions. For further

Aker Solutions secures maintenance and modifications contract with BP Norway

30 March 2012 - BP has decided to extend the maintenance and modification contract with Aker Solutions, exercising an option in the existing agreement for the Ula, Valhall, Skarv, Hod and Tambar fields. Work under the extended contract will last until April 2014, and the contract value is estimated to be in the range of NOK 0,8 to 1,2 billion. The original maintenance and modification contract was signed in 2005. "We are very pleased that BP, a key player on the Norwegian continental shelf, renews its trust in our services. This extension ensures the basis for continued development of

Aker Solutions wins Snorre A Drilling Facilities contract

28 February 2012 - Aker Solutions has been awarded a contract by Statoil to deliver replacement and upgrading of the drilling equipment and systems on the Snorre A platform in the North Sea. Estimated contract value is NOK 1 billion. The main object of the project is to extend the technical lifetime up to 2040 and improve HSE factors while keeping the capacity and operational availability "as-is". Scope of work will include engineering, procurement, construction, installation and commissioning assistance. "We are pleased that Statoil renews their trust in our service, and very proud

Aker Solutions acquires Sandnessjøen Engineering

2 February 2012 - Aker Solutions acquires Norwegian engineering company Sandnessjøen Engineering. The acquisition will strengthen Aker Solutions' presence in northern Norway and grow the company's engineering capacity for offshore projects. Over the past 20 years, Sandnessjøen Engineering has established a strong and experienced team, which supplies engineering and project management services to the oil and gas and construction industries in the area. The company is located in the Petro Næringshage in Sandnessjøen, Norway, a central key location for services to several oil and gas fields

Aker Solutions awarded frame agreement with Talisman Energy Norge AS

12 January 2012 - Aker Solutions has been awarded a frame agreement for engineering, procurement, installation and commissioning (EPCI) for Talisman Energy's maintenance and modifications projects on the Norwegian continental shelf. Scope of work includes studies, engineering, procurement, fabrication, offshore installation and commissioning (EPCI) and maintenance services. The fixed contract duration is three years from January 2012 to December 2014, with an option for six further years. Studies, EPCI and maintenance and modifications will be managed from Stavanger, and prefabrication

Aker Solutions moves north

1 December 2011 - As the chase for oil and gas moves further north, the oil services industry follows. Today Aker Solutions announces plans to establish a large engineering office in Tromsø as part of the company's northern Norway strategy. The new office will gather knowledge and expertise related to the northern region. It will become involved in engineering and maintenance and modification projects on the entire Norwegian continental shelf and abroad, and be an integral part of Aker Solutions' international competence network. "We believe in the reserves potential on the Norwegian

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