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Aker Solutions wins contract for Johan Castberg floater study

21 August 2013 - Aker Solutions won a contract from Statoil to conduct an extended concept study for the floater for the Johan Castberg oilfield development in the Barents Sea. The contract, worth NOK 250 million, includes options for further work. [Aker Solutions wins contract for Johan Castberg floater study]"This is an exciting opportunity to take part in the development of a major new oil field in northern Norway," says Per Harald Kongelf, regional president for Norway at Aker Solutions. Aker Solutions has previously conducted concept studies for the Johan Castberg field, which

Aker Solutions to perform world's first tests for capture of CO2 from cement industry

16 May 2013 - Aker Solutions has won a contract to test and study the capture of carbon dioxide (CO2) from flue gas emitted by the cement industry. The award from Norcem, in cooperation with the European Cement Research Academy (ECRA) marks the first time technology to capture CO2 is used at a cement production plant. [Aker Solutions to perform world’s first tests for capture of CO2 from cement industry]Aker Solutions will perform long-term testing on the actual flue gas to select optimum chemical solvent for high content CO2 flue gas at Norcem's plant in Brevik, Norway. Tests will be

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 establish 1 700-strong engineering hub in London

7 June 2012 - Aker Solutions aims to build up a 1 700-strong London engineering hub - thereby creating 1 300 new jobs - by 2015, as growth in global oil and gas markets drives demand for the company's technologies and services. Øyvind Eriksen, executive chairman of Aker Solutions, shared this ambition with Prime Minister David Cameron and his Norwegian counterpart, Jens Stoltenberg, during a round-table discussion in Oslo, Norway, this morning.   [Aker Solutions’ decision to create 1300 new jobs at a new engineering hub in Chiswick is great news for the local economy and it is a vote

Aker Solutions starts developing Norway's oil and gas future

4 June 2012 - Statoil has awarded Aker Solutions early phase studies for all their recent major discoveries on the Norwegian Continental Shelf; the Skrugard and Havis fields in the Barents Sea and the Johan Sverdrup discovery in the North Sea. Contract values are undisclosed. [Aker Solutions starts developing Norway’s oil and gas future]The past year has been unique, with Johan Sverdrup (formerly named Aldous/Avaldsnes) as the largest out of several new discoveries in mature areas in the North Sea, and the renewed optimism for exploration in the Barents Sea, with the Skrugard and Havis

Aker Solutions targets Middle East and North Africa markets through acquisition of NPS Energy

21 May 2012 - Aker Solutions has agreed to acquire NPS Energy, which is part of oilfield services company National Petroleum Services. NPS Energy has a strong presence in the Middle East and North Africa, which combined hold approximately 60 per cent of the world's proven oil and gas reserves. "After the divestment of our non-oil and gas related business in 2010 and the demerger from the EPC contractor Kvaerner in 2011, this is our next major step in the transformation of Aker Solutions into a leading and global oilfield products, systems and services company", says Øyvind Eriksen,

Aker Solutions celebrates opening of carbon capture plant at Mongstad

7 May 2012 - Aker Solution today celebrates the official opening of the carbon capture plant at CO2 Technology Centre Mongstad, which forms a basis for further development of its proprietary carbon capture technology. [Aker Solutions celebrates opening of carbon capture plant at Mongstad]The Norwegian Prime Minister Jens Stoltenberg will today make the official opening at CET 1400. Aker Solutions has designed and delivered the amine plant, which is one of the two plants at the centre. The start-up of the amine plant is an important milestone for Aker Solutions. After several years

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 to provide Cat-B well intervention services to Statoil

17 April 2012 - Aker Solutions has entered a long-term agreement with Statoil to provide a full range of heavy well intervention and light drilling services on the Norwegian continental shelf. The contract period is for eight years, with options for three further two-year periods (2+2+2). Contract value for the initial eight-year period is approximately USD 1.9 billion. Work will be performed from a new build Category B well intervention rig, which will be owned and operated by Aker Solutions' subsidiary Aker Oilfield Services. "Aker Oilfield Services was set up five years ago to develop

Aker Solutions wins Draupne FEED contract

body { font-family: Arial, Verdana, Helvetica; font-size: 13px;} table.hugin { border-color:black;} td.hugin { padding: 3px; border-color:black;} 22 March 2012 - Aker Solutions has won a contract from Det norske oljeselskap to conduct a front-end, engineering and design (FEED) study for the Draupne field on the Norwegian continental shelf. The study will be carried out by Aker Solutions' newly established engineering office in London, and delivered to the license partners in Q4 2012. The contract value is undisclosed. "I am very pleased that Det norske has decided to follow on the

Aker Solutions gathers and strengthens CO2 expertise

20 March 2012 - Aker Solutions is extending and strengthening the company's long-term commitment to the treatment of CO2 from industrial sources by taking full ownership of Aker Clean Carbon. The 28 employees, who represent world-class carbon capture expertise, will join Aker Solutions' technology and front-end team in Oslo, Norway. "We want to build on Aker Clean Carbons' strength and competence in the CO2 technology field. Together with the highly skilled teams in related industry disciplines in Aker Solutions, we aim to further develop our strategy for CO2 and gas technology," says

Aker Solutions designs world's largest Spar platform

14 March 2012 - Aker Solutions has been awarded a FEED (front-end engineering and design) contract from Statoil to design the world's largest Spar platform for the Aasta Hansteen field development in the Norwegian Sea. With a total hull length of 193 meters and a draught of 170 meters, the Aasta Hansteen (formerly named Luva) Spar platform will be the largest of its kind. A Spar platform is a cylinder shaped floating offshore installation. Aasta Hansteen will be the first Spar platform on the Norwegian continental shelf (NCS), and also the world's first Spar platform with condensate

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

Aker Solutions wins basic engineering contract for Hild field

29 September 2011 - Aker Solutions has won a contract to conduct the basic engineering for the development of Total's Hild field in the Norwegian North Sea. The contract value is about NOK 215 million. Aker Solutions' scope of work includes engineering for several building blocks, including topside, jacket, an FSO (floating storage and offloading), turret and mooring, SURF (subsea umbilicals, risers, pipelines and flowlines) and transportation and installation. The work will be completed in the summer of 2012. Basic engineering work covers a greater level of detail than a normal FEED (

Aker Solutions to conduct FEED study for Statoil's Mariner field

12 July 2011 - Aker Solutions has won a contract to conduct the topside FEED (front-end engineering and design) study for Statoil on the Mariner field on the UK continental shelf in the North Sea. The contract value is approximately NOK125 million. The study will be delivered in the summer of 2012, after which the customer may proceed with the final investment decision. "We are pleased to have won another important topside FEED study from Statoil. The Mariner field presents an exciting opportunity on the UK shelf, which suits our strategy of boosting our presence in the UK further,"

Proposed Demerger of Aker Solutions; Publication of Information Memorandum

6 April 2011 - In accordance with the strategy previously disclosed, the Board of Directors of Aker Solutions ASA ("Aker Solutions") has resolved to propose to the shareholders of Aker Solutions that Aker Solutions is to be demerged. Through the proposed demerger, Kværner ASA ("Kværner") - a company established for the purposes of the demerger and which will apply for listing of its shares on the Oslo Stock Exchange - will inter alia assume: · Significant parts of the Aker Solutions group's activities within the former ED&S business area, including its activities within the Field

Aker Solutions won Eldfisk EPC contract

18 March 2011 - Aker Solutions has signed an EPC contract with ConocoPhillips to deliver the topside and bridges of the production platform for the Eldfisk 2/7 S, in the North Sea. The contract value is approximately NOK 5,5 billion. The contract award is subject to Norwegian authorities' approval of the plan for development and operation (PDO). The topside consists of one combined living quarter and utility module and a combined process and wellhead module, with a total weight of 15500 tons. In addition, the contract includes the fabrication of two bridges, one bridge  support modules

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