Subsea production system award to Aker Solutions

Aker Solutions has been awarded a job by Statoil for the engineering, procurement and construction of a subsea production system for the Svalin project on the Norwegian continental shelf. The contract value is approximately NOK 400 million. Full text

Aker Solutions wins another subsea contract with Noble Energy

2010.06.18 - Contracts

Aker Solutions has been awarded another subsea equipment contract by leading US independent oil and gas company Noble Energy Inc. This time Aker Solutions will deliver subsea control equipment worth approximately NOK 150 million.

Scope of work is engineering, manufacturing and delivery of a subsea controls distribution system, umbilical termination assemblies (UTA) and related equipment. The equipment will be used at Noble Energy's Tamar project in the Mediterranean Sea.

This contract complements the recently announced award for delivery of 240 km of subsea umbilicals for the same project. Aker Solutions has also recently signed a deal to supply a complete mono ethylene glycol (MEG) reclamation unit to Noble Energy.

Engineering and project management will be provided from Aker Solutions' Houston, Texas, office. Manufacturing will take place at Aker Solutions' facilities in Houston and Mobile, Alabama, for the UTAs and subsea controls distribution systems. Estimated delivery date is Q1 2011.

Aker Solutions' contract party is Aker Subsea Inc.

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