Aker Solutions Wins Two Engineering Contracts from Statoil

Source: www.gulfoilandgas.com 1/26/2016, Location: Europe

Aker Solutions has been awarded FEED & FPSO concept study contracts from Statoil in Norway.

Aker Solutions won a front end engineering design (FEED) contract from Statoil for the Trestakk field tie-in to the Asgard A production vessel in the Norwegian Sea. The company also secured a separate concept study order for a low well-pressure project at Asgard A.

"We're very pleased to secure the orders for this major oil and gas field, which will help secure jobs in our MMO business in Norway," said Per Harald Kongelf, head of Aker Solutions' Norwegian operations. "We look forward to continuing our good cooperation with Statoil as we together seek to find the most robust and cost-effective solutions for these projects."

Work on both contracts will start at once and be carried out by Aker Solutions' Norwegian maintenance, modifications and operations (MMO) business. The concept study will look at ways to allow future production at Asgard A at lower well pressures. The contract includes options for FEED and engineering, procurement, construction and installation (EPCI) services. The Trestakk agreement has an EPCI option.

Aker Solutions has secured an order from Statoil to provide a concept study for a floating production, storage and offloading facility for the Johan Castberg oil field development in the Barents Sea. The order is a call-off by Statoil on an engineering contract for Johan Castberg won by Aker Solutions in 2013.

"We've worked with Statoil for two years on finding a cost-effective solution that will enable development of this strategically important oil field in northern Norway," said Per Harald Kongelf, head of Aker Solutions' Norwegian operations. "The costs have been significantly reduced and we look forward to continuing to work with Statoil to optimize this development."

The Statoil-operated Johan Castberg field is located about 240 kilometres north-west of Hammerfest.

The two parties agreed not to disclose the financial value of the contract, which will be booked as part of Aker Solutions' first-quarter order intake.


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Related Categories: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 

Related Articles: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 


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