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Breidablikk oil project : Equinor and partners to move ahead with $2bn field development

Breidablikk oil project : Equinor and partners to move ahead with $2bn field development

Breidablikk oil project : Equinor and its partners Petoro, ConocoPhillips Skandinavia, and Vår Energi have approved the development of the Breidablikk oil field in the Norwegian North Sea with an investment of NOK 18.6 billion ($1.96 billion). The partners will submit the plan for development and operation of the Breidablikk field to the Norwegian Minister […]

Aker Solutions wins contract extension from ConocoPhillips for North Sea fields

Aker Solutions wins contract extension from ConocoPhillips for North Sea fields

Aker Solutions has bagged a three-year contract extension from ConocoPhillips to an existing framework agreement for work at the latter’s operated North Sea fields. The Norwegian engineering company will continue as the main supplier of maintenance and modifications work offshore Norway for ConocoPhillips with the agreement to run from January 2021 until the end of […]

Norwegian firms Aker Solutions and Kværner announce merger plans

Norwegian firms Aker Solutions and Kværner announce merger plans

Aker Solutions, Kværner merger : Norwegian oilfield service companies Aker Solutions and Kværner are considering a merger of equals to create an optimized supplier company. In this connection, the parties have entered into a merger plan. The combined entity, which will operate as Aker Solutions, is expected to gain a stronger position as an execution […]

Aker Solutions wins $175m contract extension for Aker BP’s Norwegian fields

Aker Solutions wins $175m contract extension for Aker BP’s Norwegian fields

Aker Solutions has been awarded a contract extension from Aker BP for two years worth NOK1.7 billion ($175.65 million) to provide maintenance and modifications for the latter’s Ula, Skarv, Valhall, and Tambar fields offshore Norway. The Norwegian engineering company said that the work under the contract will begin from December 2020 and follows the existing […]

King’s Quay FPS Project : Aker Solutions wins umbilicals contract from Subsea 7

King’s Quay FPS Project : Aker Solutions wins umbilicals contract from Subsea 7

King’s Quay FPS Project : Aker Solutions has bagged a contract from Subsea 7 to provide umbilicals for Murphy Exploration and Production Company – USA’s King’s Quay development in the US Gulf of Mexico. Aker Solutions’ work scope includes 22 kilometers of dynamic steel-tube umbilicals and distribution equipment for connecting the King’s Quay floating production […]

Ærfugl project phase 2 : Aker Solutions bags contract for subsea production system

Ærfugl project phase 2 : Aker Solutions bags contract for subsea production system

Ærfugl project phase 2 : Aker Solutions has bagged a contract worth around NOK 700 million ($76.95 million) from Aker BP for the supply of the subsea production system for the Ærfugl project (formerly Snadd field development) in the Norwegian Sea. The subsea delivery for the Norwegian oil project includes wellheads, vertical subsea trees, control […]

Cypre project : Aker Solutions wins contract for BP’s gas project in T&T

Cypre project : Aker Solutions wins contract for BP’s gas project in T&T

Norwegian engineering company Aker Solutions has bagged a contract to support the development of BP’s 100% owned Cypre project located offshore Trinidad and Tobago (T&T). The Cypre gas project involves the development of the Macadamia gas discovery made in June 2017 by BP. Under the contract, Aker Solutions will be responsible for providing front-end engineering […]

Aker Solutions to bag inspection services contract for Equinor’s Norwegian facilities

Aker Solutions to bag inspection services contract for Equinor’s Norwegian facilities

Norwegian engineering company Aker Solutions has been selected for a contract worth NOK 1.2 billion ($131.37m) from oil and gas giant Equinor for being the main supplier for inspection services for 15 plus operating facilities in Norway. The two parties are expected to sign a frame agreement shortly, which will cover an initial period of […]