Aker Solutions ASA : Aker Solutions signs Aasta Hansteen SPS contract with
1 February 2013 - Aker Solutions has signed a contract with Statoil for the
supply of a subsea production system for the Aasta Hansteen field development
project on the Norwegian Continental Shelf. The contract value is
approximately NOK 2 billion.
Last week, Aker Solutions signed a NOK 280 million contract with Statoil for
the supply of deepwater umbilicals for Aasta Hansteen. Now, the company has
secured another major contract for this field development.
The scope of work within the subsea production system includes three
template-manifold structures, 7 subsea trees, in addition to wellheads,
controls, workover and tie-in systems. The contract also contains options
related to Aasta Hansteen which Statoil may exercise.
"Aker Solutions is dedicated to supporting Statoil in optimising their assets
and maximising production rates and gas recovery at Aasta Hansteen. We are
very honoured to be involved in this major deepwater project," says Alan
Brunnen, head of Aker Solutions' subsea business.
Management, engineering and procurement will primarily be performed at Aker
Solutions' headquarters in Fornebu, Norway. Fabrication of the subsea trees
and workover systems will be completed at the Tranby manufacturing centre,
outside Oslo. The production of the template-manifolds will be carried out at
Aker Solutions' facilities in Egersund on the west coast and Sandnessjøen in
the northern part of Norway. The facility in Aberdeen in the UK will deliver
the control systems and the wellheads.
Aker Solutions is investing heavily in the northern part of Norway and in
October 2012, the company announced the acquisition of a fabrication facility
in Sandnessjøen. The facility will provide several fabrication services for
Aker Solutions and will be deeply involved in the Aasta Hansteen project. The
fabrication of the template-manifolds in Sandnessjøen will also create
regional spin-off effects.
Aasta Hansteen is located 300 km west of Bodø and 140 km north of the nearest
existing offshore infrastructure Norne, in the northern part of Norway. It is
a deepwater project consisting of the three structures Luva, Haklang and
Snefrid South at a water depth of 1300 metres.
Aasta Hansteen is the deepest subsea development in the Norwegian waters to
date and will provide a new deepwater standard for such production systems
including new technology developments.
The first deliveries of the Aasta Hansteen subsea production system will be
made in the first half of 2015.
For further information, please contact:
Severin Roald, Vice President Communications, Aker Solutions. Tel: +47 22 94
55 23, Mob: +47 92 03 00 33, E-mail: email@example.com
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30
39, Mob: +47 91 13 71 94, E-mail: firstname.lastname@example.org
For further information about sourcing and potential subcontracts for this
project, please visit www.akersolutions.com/suppliers
Aker Solutions provides oilfield products, systems and services for customers
in the oil and gas industry world-wide. The company's knowledge and
technologies span from reservoir to production and through the life of a
Aker Solutions brings together engineering and technologies for oil and gas
drilling, field development and production. The company employs approximately
25 000 people in more than 30 countries. They apply the knowledge and create
and use technologies that deliver their customers' solutions.
Aker Solutions ASA is the parent company in the group, which consists of a
number of separate legal entities. Aker Solutions is used as the common brand
and trademark for most of these entities. In 2011 Aker Solutions had
aggregated annual revenues of approximately NOK 36.5 billion. The company is
listed on the Oslo Stock Exchange.
This press release may include forward-looking information or statements and
is subject to our disclaimer, see www.akersolutions.com.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Thomson Reuters on behalf of Thomson
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
information contained therein.
Source: Aker Solutions ASA via Thomson Reuters ONE
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