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Aker Solutions Secures Quad 204 Project Contract

Source: www.gulfoilandgas.com 3/13/2013, Location: Europe

Aker Solutions, the international oil services provider, has secured a NOK 650 million (GBP 70 million) contract with BP to help redevelop one of the largest oil fields in the UK sector.

The Aberdeen operation of Aker Solutions will manufacture and supply all subsea controls equipment for the Quad 204 project, the redevelopment of the Schiehallion and Loyal fields located approximately 100 miles west of the Shetland Islands. The scope of work includes subsea controls equipment for subsea trees, manifolds and subsea safety isolation valves as well as controls distribution assemblies.

The Schiehallion and Loyal fields are estimated to contain a further 450 million barrels of recoverable oil and a GBP 3 billion upgrade is underway. Due to the water depth in the area, Schiehallion is entirely reliant on subsea production technology and is collected on a floating production, storage and offloading vessel (FPSO).

Alan Brunnen, head of Aker Solutions' subsea business said: "West of Shetland is an exciting area for oil and gas and we are delighted to continue our successful relationship with BP by playing such a significant role in the continuing development of this project." "Our subsea business continues to grow from strength to strength, enabling our clients to operate in deeper and harsher environments. Our subsea controls centre of excellence is based in Aberdeen, so it is fantastic to be able to service such a high profile project in its local market."

The deliverables will be managed, designed and built by Aker Solutions' subsea controls centre of excellence in Aberdeen with the first deliveries made in the first half of 2014.

Aker Solutions is the world leader in providing subsea production control systems for the oil and gas industry. This state-of-the-art technology allows subsea wells to be monitored and managed remotely through a complex series of hydraulic and electrical connections between the surface and the seabed, reducing the need for remote operated vehicle (ROV) intervention.

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