Subsea Specialist Flexlife Opens New UK Base and Appoints Director

Subsea Specialist Flexlife Opens New UK Base and Appoints Director

Flexlife, an oil & gas industry specialist in subsea project and integrity management, has opened a new base in Newcastle and plans to recruit 25 staff by the end of this year, rising to 50 within 18 months. The award-winning company has appointed Andrew Lake as Director of Operations in Newcastle. Full text

A/S Norske Shell extends maintenance and modification contract with Aker Solutions

2010.12.15 - Company News

A/S Norske Shell has decided to extend the maintenance and modification contract with Aker Solutions, exercising a 2 year option in the existing agreement for the Draugen and Ormen Lange fields. Work under the new option will last until December 2012. The contract value is estimated to be in the range of NOK 1- 1.5 billion.

The original maintenance and modification contract was signed in December 2005 with duration of five years.

"Using the option to extend the contract underlines the strong integration between A/S Norske Shell and Aker Solutions, and it enforces our determination to utilize the competence Aker has built up, from the offices in Kristiansund and Stavanger. It also holds a substantial potential to unlock closer cooperation with local engineering and fabrication businesses", says Project Manager in Norske Shell, Bernt Granås.

"We are very pleased that a key international player as Shell renews its trust in our services. This extension ensures the basis for continued growth in Mid-Norway, and at our engineering offices in Kristiansund", says president for Maintenance, Modifications and Operations in Aker Solutions, Stian Vemmestad.

Scope of work under the contract includes studies, engineering , fabrication, installation as well as commissioning  and employs 600 people. In addition to ongoing maintenance and modification work, Aker Solutions is currently involved in projects related to test facility for subsea compression for Ormen Lange and produced water injection at Draugen.

Contract parties are Aker Solutions subsidiary Aker Offshore Partner AS and A/S Norske Shell.

 

Follow SubseaDirectory on Facebook !

Follow SubseaDirectory on Twitter !

More Subsea Company Listing, Subsea Events and Subsea Jobs and Subsea Article on SubseaDirectory




See also:

PGS - Acquisition of Depth Imaging Company AGS Inc

Petroleum Geo-Services ASA ('PGS' or the Company) announced today that it has entered into a definitive agreement to acquire Applied Geophysical Services, Inc. (AGS) for a price of USD 51 million, subject to certain adjustments for changes in working capital. PGS estimates an enterprise value for AGS of approximately USD 46 million. AGS is based in Houston, Texas and specializes in providing advanced depth imaging services. The transaction is expected to close during the course of this week.

Total acquires three permits northeast of Australia Ichthys

Total announces the acquisition of a 40% interest in three exploration permits northeast of Ichthys on the Australian Browse Basin jointly with Inpex (60%, operator). These interests were held by ConocoPhillips. This acquisition is subject to the approval of the Australian authorities.

Rowan Expands Rig Construction Program: Orders Four Super 116E Jack-Ups from Keppel AmFELS

Rowan Companies, Inc. (NYSE:RDC) announced today that it has entered into contracts with Keppel AmFELS, Inc. for the construction of four Super 116E class jack-ups. The rigs will be built at AmFELS' Brownsville, Texas shipyard, with delivery scheduled at approximately four-month intervals beginning in the second quarter of 2010.

Gaz de France strengthens its presence in Egyptian upstream

Gaz de France has acquired a 45% stake in the Alam El Shawish West licence in Egypt from Vegas Oil & Gas.

Trico to Launch an Offer for All Shares of Active Subsea ASA

Trico Marine Services, Inc. (NASDAQ: TRMA) ("Trico") and Active Subsea ASA (NOTC: ASUB) ("Active Subsea") today announced that Trico intends to make a voluntary offer for all outstanding shares, options and warrants of Active Subsea.