Aker Brattvaag, a company in the Aker Yards Group, has signed a contract with The Great Eastern Shipping Co, Mumbai, India, for the building of two Platform Supply Vessels. The contract is worth approximately NOK 230 million. The vessels are scheduled for delivery in June/July 2006 and August/September 2006, or 2007. The vessels have the designation UT 755 L, an extended version of the well-respected UT 755 design by Rolls-Royce, which will also be a major supplier of equipment to the project. Aker Yards has in total built 52 various versions of the UT 755 design and has another 8 on order. An identical vessel was delivered from Aker Brattvaag to The Great Eastern Shipping Co. in August this year, and three more vessels have earlier been delivered to the same owner by Aker Yards. The vessels will measure 72 m in length and will have a maximum cargo capacity of 3316 tonnes. The hulls will be built by Aker Tulcea in Romania.
Aker Yards ASA said it won an order from DOF ASA for a diving support vessel (DSV), and a contract from DOFCON ASA and Technip for a second DSV. For DOF, Aker Yards will build a DSV based on Aker Yards' Aker DSV06 design, while the other DSV will be to the Aker OSCV-06L DSV design. Source: Forbes
BP Limited UK has extended a three year frame agreement with Aker Kvaerner, for the supply of steel tube umbilicals, for an additional two years until 2007. Aker Kvaerner Subsea will continue to provide project management, engineering and manufacturing of steel tube umbilicals. The steel tube umbilicals are manufactured at Aker Kvaerner Subsea's purpose-built facility in Moss, Norway. Under the existing frame agreement Aker Kvaerner has supplied steel tube umbilicals for the Rhum
Aker Yards has entered into a contract with DOF ASA for the building of one Diving Support Vessel (DSV), and a contract with DOFCON and Technip for a second DSV. Aker Yards is to build a 106 m Diving Support Vessel for DOF, based on an Aker Yards design; Aker DSV06. The Vessel is scheduled for delivery from Aker Yards, Søviknes in the spring of 2007. The Vessel occupies a construction slot originally designated for a large PSV, the delivery of which has been delayed to 2008
Aker Kvaerner has recently been awarded contracts for the delivery of advanced mooring systems with a total contract value of $29.5m. The contracts comprise deliveries both to the offshore and marine industry. The work is undertaken by the Aker Kvaerner subsidiary Aker Kvaerner Pusnes in Arendal. The awards include delivery to the two advanced Aker Drilling H6e semi-submersible rigs to be built at Aker Kvaerner Stord and to five deepwater semi-submersible rigs to be built at Jurong's
Aker Yards has entered into a contract with DOF Installer ASA based on the options given in the contract between the parties of March 5, 2007. This is the first of two possible options in the connection of the previous contract for building of 2 + 2 AHTS vessels. The value of this contract is approximately $130m. The vessel is an Anchor Handling Supply Vessel based on the Aker Yards design AH 04 CD. Delivery is scheduled in Q4 2010
Farstad Shipping ASA, through its subsidiary Farstad Supply AS, has signed a contract with Aker Yards to build a UT 751 E platform supply vessel. The hull for the PSV will be built in Romania and outfitting yard will be Aker Yards Brevik. Delivery of the vessel is scheduled for July 2007. The vessel will upon delivery enter into the long term contract that was recently awarded by Norsk Hyrdo
Wärtsilä Powers 5 Aker Yards Vessels Wärtsilä has signed major contracts with Aker Yards AS Søviknes and Aker Yards AS Trading - the recently established project development arms of the Aker Yards Group - for the supply of propulsion equipment for five offshore vessel projects being built in Norway, India and Brazil. The orders cover the supply of a total of 15 Wärtsilä engines, as well as power generation, automation, and other ancillary equipment.
Aker Solutions has opened a new, expanded manufacturing facility for surface trees and wellheads in Batam, Indonesia. The expansion is part of Aker Solutions' strategy to increase its presence in the Asia Pacific oil and gas markets. Aker Solutions has invested $17 million into the expansion, which included a 700-square-meter increase in building space, two new workshops, and a new warehouse. The facility now encompasses a total of 21,800 square meters
Aker Solutions wins contract to supply drilling equipment packages for a series of six deepwater drillships for the Brazilian market. The six new vessels will be operated by Norwegian drilling operators Seadrill and Odfjell Drilling (3 each) under 15-year charter contracts from Petrobras. The drillships will be capable of operating at 10,000 feet water depth and drilling to depths of 40,000 ft. Aker Solutions' contract includes complete topside and subsea equipment (drilling riser and
Matson Signs Contract With Aker Philadelphia Shipyard For Two New "Aloha Class" Containerships, First Ship To Be Named The Daniel K. Inouye. Matson, Inc., a U.S. carrier in the Pacific, announced today that its subsidiary, Matson Navigation Company, Inc
Aker Solutions ASA secured a two-year option agreement extension valued at NOK 3 billion from Statoil ASA to provide maintenance and modifications work offshore Norway. The option is part of a 2010 framework agreement to provide maintenance and modifications work on the Statoil-operated
Aker ASA has engaged ABG Sundal Collier Norge ASA and Arctic Securities ASA to explore the opportunity to acquire approximately 16.5 million shares (roughly 6% of the share capital) in Aker Solutions ASA, but with the possibility for Aker ASA at its full discretion to increase or decrease the
On its capital markets day, Aker Solutions' Executive Chairman Øyvind Eriksen says: "While we will continue to build Aker Solutions, the focus on topline growth will be toned down and more attention will be paid to growing our profit and share price
Aker Solutions acquired UK specialist engineering company International Design Engineering And Services Ltd (I.D.E.A.S) to boost its asset integrity management services. Glasgow, Scotland-based I.D.E.A.S. has developed software and technology that is designed to improve the quality and accuracy
Crowley Maritime Corporation announced today that it will continue to grow its fleet of petroleum vessels and enhance service to customers by contracting with Aker Philadelphia Shipyard Inc. (APSI) to build up to eight product tankers for delivery between 2015 and the end of 2017.
Aker Solutions won a contract from Statoil to conduct an extended concept study for the floater for the Johan Castberg oilfield development in the Barents Sea in northern Norway. The contract, worth NOK 250 million, includes options for further work.
Aker Solutions ASA second-quarter results 2013 show earnings, order intake down slightly, but little cause for concern on the horizon Financial highlights Aker Solutions generated revenue of NOK 11.9 billion in the second quarter of 2013, compared with NOK 11
NCS Survey, an Acteon company, has been awarded a five-year contract with AKOFS Wayfarer AS, a Norwegian marine contractor, for the supply of positioning and survey services aboard the Aker Wayfarer. Since January 2011, NCS Survey has been aboard the vessel via a contract with Remotely
Jensen Maritime Consultants , Crowley Maritime's Seattle-based naval architecture and marine engineering company, has been awarded a new construction management contract for four new 330,000-barrel, Jones Act product tankers, being built by Aker Philadelphia Shipyard Inc.
Navis Engineering Oy and Aker Arctic Technology Inc. have signed a scientific and technical cooperation agreement covering the joint development of technology for dynamic positioning (DP) systems for icebreakers and ice-class vessels. The agreement was signed in St
Aker Philadelphia Shipyard, Inc. (APSI) has welcomed Governor Corbett back for an update on the state of the shipyard and a tour to view progress on the current tankers APSI is building for SeaRiver Maritime. The last time Governor Corbett visited APSI was in September 2011 for the contract
Aker Solutions today agreed to sell its mooring and loading systems business to Cargotec for an enterprise value of NOK 1.4 billion, or about €180 million. The unit, known for the Pusnes brand name, provides mooring equipment, loading and offloading systems
Aker Arctic Technology Inc and Navis Engineering Oy have signed an agreement on joint development of Dynamic Positioning systems for ice operation. The companies plan to jointly develop next-generation DP-system technology tailored for ice operation by utilizing their core know how and
Aker Solutions ASA publish their third-quarter results 2013 showing a fairly even performance in the group's sectors, but in subsea widening its profit margin to 10.9 percent from 8.7 percent a year earlier. Financial Highlights Sales were NOK 10