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 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
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 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
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
Norwegian billionaire Kjell Inge Roekke launched a bid last week for full control of industrial holding firm Aker RGI, valuing it at about $1.09 billion. Roekke, who is chairman of Aker RGI and already owns almost two-thirds of the firm after a raid last year, said he wanted to delist Aker RGI from the Oslo bourse if his new bid succeeds. He said he is offering approximately $14 per “A” voting share and $13 per “B” share for Aker
Aker Yards has entered into a contract with Olympic Shipping AS, for the building of an ROV Vessel. Delivery will be from Aker Yards, Aukra in Norway. The vessel is an Aker ROV 02 CD, designed by Aker Yards Project, with delivery scheduled for April 2008. The accommodation facilities will have capacity of 100 persons. The vessel is also according to DNV`s Ice C class. Further, the vessel is specially designed and equipped for Subsea operation duties with a high focus on good
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' subsidiary, Managed Pressure Operations, won a prize for its riser safety system at the Offshore Technology Conference in Houston. The Aker Solutions unit won the Woelfel Best Mechanical Engineering Achievement Award for its Riser Safety System (RSS).
With construction underway on the first ever Oblique Icebreaker, research specialist Aker Arctic Technology has unveiled a new version of the vessel type that will bring ice management and pollution control in thick first year ice to a new level.
Aker Solutions awarded contract for offshore engineering services to support Husky Energy at White Rose field. The scope of work includes studies, modifications (EPCI) and campaign maintenance services. The duration is five years with an option to extend the contract for as many as 10 one-year
The U.K. operation of international oil services group Aker Solutions has announced the appointment of a new vice president to lead greenfield projects as the company looks to expand its capabilities in the sector. Bob Shaw’s appointment is the latest in a series of new senior management
Aker Solutions acquires managed pressure drilling specialist Managed Pressure Operations (MPO). Managed Pressure Operations International, Ltd. (MPO) is a company that has successfully developed the next generation of continuous circulation, riser gas handling and managed pressure drilling systems
Aker Solutions, the international oil services provider, has been awarded a frame agreement with Statoil for the delivery of subsea operations and services on the Norwegian continental shelf. Subsea operations and services covers installation of subsea equipment, maintenance
Aker Solutions secures 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
Aker Solutions signed a contract with ExxonMobil for the supply of subsea umbilicals for the Erha North phase two development in Nigeria. The Erha North phase two development is an extension of the existing Erha subsea system and infrastructure located approximately 97 kilometers offshore
Aker Solutions received a Letter of Award from Total for the delivery of a subsea production system for the Moho Nord project in the Republic of the Congo. The contract value is approximately $850 million (U.S.). The Moho Nord project
Aker Solutions has entered a frame agreement with Petrobras to provide subsea equipment for the oil company's deepwater pre-salt field developments in Brazil. The contract value is approximately $800 million (USD). The scope of work is for 60 well-sets with vertical subsea
Aker Arctic Technology to introduce the ‘Heavy Duty’ oblique icebreaker project for Arctic operations (Aker ARC 100 HD) at upcoming expo. With the awarding of drilling permits in the Arctic subject to increasing scrutiny, Aker Arctic Technology will be explaining the new concept
The Finnish Transport Agency signed a contract with Aker Arctic Technology Oy for design of a new icebreaker for the government. Aker Arctic in cooperation with ILS Oy will design the vessel and prepare the technical documents needed to hold tender for its construction in compliance with the
MAN Diesel & Turbo, Switzerland, signs to provide Norway's Statoil with new subsea compressor equipment & maintenance services. The Zurich-based MAN Diesel & Turbo Schweiz AG and Statoil have followed a joint subsea compressor qualification programme since 2005
"The slow start to 2013 is truly disappointing," says Øyvind Eriksen, Executive Chairman of Aker Solutions ASA. Aker Solutions decided to disclose preliminary information on its financial performance in the first three months of 2013 as the results so far considerably lag current
Aker ASA entered a TRS (Total Return Swap) agreement with exposure to 1,500,000 shares in Aker Solutions ASA. The expiration date of the TRS agreement is November 1, 2013 and the settlement price in the agreement is NOK 83.717325 share.