Important well service contract award to Aker Solutions
Aker Solutions has been awarded a contract with StatoilHydro to provide mechanical wireline services on StatoilHydro operated fields and mobile drilling units on the Norwegian continental shelf. The initial contract period is for three years and two months, with two additional two-year (2+2) options. Aker Solutions estimates that the initial three-year contract will generate income of approximately NOK 850 million. The contract will run from 1 December 2009.
Aker Solutions is currently providing well services to StatoilHydro on the Tampen and Halten/Nordland area, but expects the new contract to increase the level of activity moving forward.
"We are very pleased that StatoilHydro has again selected us to be their well intervention service provider. Our long term relationship within this segment dates back to 1984, where Aker Solutions performed well services for StatoilHydro on the Statfjord field. This award is a tribute to the skilled and dedicated offshore and onshore employees in our well service unit and their long-term co-operation with StatoilHydro's employees", says Mads Andersen, executive vice president in Aker Solutions.
The contract comprises mechanical wireline services on the following StatoilHydro operated fields: Heidrun; Njord A; Brage; Gullfaks A, B and C; Heimdal; Huldra; Kvitebjørn; Oseberg B, C, East and West; Troll A; Veslefrikk; and Visund A. The contract also covers mechanical wireline work on the majority of the mobile drilling units StatoilHydro will utilise at its subsea fields in the North Sea. Additionally, Aker Solutions will deliver onshore operational support to StatoilHydro's field centres at Stavanger, Bergen, Stjørdal and Harstad.
"We estimate that this award will secure work for around 350 staff, of which a third will be located onshore and two-thirds offshore," says Ole Petter Thomesen, president of Aker Solutions' well service business unit.
"The contract is also a fundament for our well intervention technology development activity. We have over the years developed leading well intervention technologies in close co-operation with StatoilHydro and look forward to a continued relationship within this key area," adds Thomesen.
Aker Solutions' contract party is Stavanger-based Aker Well Service AS.
