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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 […]

Ærfugl project : Aker BP and partners to proceed with phase 2 development

Ærfugl project : Aker BP and partners to proceed with phase 2 development

Aker BP and its partners will move ahead with the second phase of the NOK 8 billion ($880 million) Ærfugl project (formerly Snadd field development) in the Norwegian Sea, three years ahead of the original start-up plan of 2023. The Ærfugl field is located in the northern part of the Norwegian Sea, just west of […]