Technip awarded contract by Valiant for Causeway development

Technip was awarded by Valiant Causeway Limited a lump sum contract, worth approximately €33 million, for the Causeway field development. This field is located about 450 kilometers North-east of Aberdeen, Scotland at a water depth of 150 metres. Full text

Aker Solutions with lowest bid for subsea frame agreement

2010.01.29 - Subsea Headlines

Aker Solutions is the lowest bidder for a four-year frame agreement to supply 61 subsea trees to Brazilian national oil company Petrobras. This has been announced at a public bid opening in Brazil.  

Standard procedure is that the company with the lowest bid enters technical clarifications and commercial negotiations with Petrobras. It is expected that this process will take a couple of months, and that a contract could be signed during Q2 2010.

Aker Solutions' bid stands at 195 million Euros.

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