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Aker Kvaerner Awarded Drilling Equipment Contract

Aker Kvaerner has been awarded a contract with Daewoo Shipbuilding & Marine Engineering Co Ltd in South Korea for delivery of drilling facilities for an ultra deepwater semi submersible drilling rig ordered by an international drilling contractor. The total contract value for Aker Kvaerner is approximately USD 86 million. The award is based on an option included in a contract Aker Kvaerner signed with Daewoo Shipbuilding & Marine Engineering Co. Ltd in February 2006. The work is undertaken by the Aker Kvaerner subsidiary, Aker Kvaerner MH in Kristiansand. The scope of work for Aker Kvaerner MH is to deliver a complete drilling package including engineering, equipment deliveries and commissioning services. The ultra deepwater semi-submersible drilling rig is scheduled for delivery in 2009. The drilling rig will be designed for world-wide operation in harsh environment, including operation on the Norwegian continental shelf.


Aker Kvaerner to Deliver Loading Systems

Aker Kvaerner has recently been awarded several contracts for delivery of advanced loading and offloading systems. One of these contracts comprise the delivery of an advanced offshore offloading system to Lukoil's Varandey platform located at the Peninsula Coast of the Barents Sea. The work is undertaken by the Aker Kvaerner subsidiary Aker Kvaerner Pusnes in Arendal. The offfloading system is designed for extreme low temperature conditions and is the second contract of its kind


Aker Kvaerner Awarded Drilling Equipment Contract

Aker Kvaerner has been awarded a contract with Neptune Marine & Drilling Pte Ltd in Singapore for delivery of a drilling equipment to the Neptune Explorer drillship. The total contract value for Aker Kvaerner is approximately $23m. "This contract which consists of derrick drill floor equipment and motion compensation are based on Aker Kvaerner MH's standard drilling equipment. This contract with Neptun is our latest project that will benefit from standardisation of our drilling equipment


Aker Kvaerner Awarded Drilling Equipment Contracts

Aker Kvaerner has been awarded two drilling equipment contracts by Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME) in Korea; one for a single drillship, the other one for a semi rig. The total contract value for Aker Kvaerner is approximately $213m. The scope of work for both contracts is to deliver complete drilling equipment packages including installation and commissioning supervision. The contracts will be executed by the Aker Kvaerner subsidiary


Aker Yards and MSC Signed Cruise Ship Contract

Aker Yards has signed a contract with MSC Cruises to build a 4th MSC Musica Class Cruise ship. The MSC Magnifica will be built at Aker Yards, Saint-Nazaire and delivered in 2010. The value of the contract is approximately $546.8m (EUR 410 million.) The contract is subject to financing. Like its three predecessors (MSC Musica, MSC Orchestra and MSC Poesia, this 89,600 GT cruise ship is 294 metres long and just over 32 metres wide, and complies with the Panama Canal Standard


Aker Yards Signs $100M Contract

Aker Yards has signed a contract worth approximately NOK 650 million to build a Well Intervention Vessel for Island Offshore. The vessel will be delivered in January 2008. Main duties for the new vessel of Rolls Royce design, will be maintenance and repair of oil-/gaswells in deeps of as far as 600 meters, and operate with a riserless wireline intervention system. The vessel will operate an ROV, (remote operated vehicle), for operations on the sea bed


Aker Kvaerner Awarded Contract

Aker Kvaerner has been awarded a contract with Discoverer Invest Ltd in Singapore for delivery of drilling systems and equipment to a Frigstad D90 ultra deepwater semi-submersible drilling rig. The total contract value for Aker Kvaerner is approximately NOK 450 million. The drilling package will consist of a dual version of the RamRig, an advanced drilling system developed by Aker Kvaerner. This system is designed to enable more efficient drilling operations compared with conventional systems


Aker Kvaerner Signs Subsea Contract

Aker Kvaerner has been awarded its first subsea contract from Spanish oil company Repsol YPF. The deal is for the delivery of a subsea production system to the Montanzo and Lubina projects off the east coast of Spain. This is Aker Kvaerner's first subsea project in the region. Contract value is undisclosed. Scope of work includes engineering, procurement and construction of two subsea trees with control systems, connections and overtrawlable structures


Aker Yards to build Four for Farstad

Aker Yards has entered into a contract with Farstad Shipping ASA for building of four AHTS Vessels with a value of approx $321m. The vessels to be built are 87.4 m x 21 m Multifunctional Deep Water Anchor Handling/Tug/Supply/Service Vessels, based on the Rolls-Royce design; UT 731 CD. The Vessels are scheduled for delivery from Aker Yards, Langsten in the second and third quarter of 2009, and the first and second quarter of 2010


Aker Kvaerner Wins Blind Faith Contract

Chevron with partner Kerr-McGee has awarded Aker Kvaerner a contract for marine operations for installation of the Blind Faith platform in the Gulf of Mexico. The contract value is estimated to approximately $35 million. The new contract will be executed by the Aker Kvaerner company Aker Marine Contractors, and includes installation of a mooring system, topside transport, transportation and installation of the Blind Faith semisubmersible platform as well as hook up of the risers of the


ABIS Projects Bags £1m Contracts

Francis Kiernan

  ABIS Projects has won a clutch of contracts worth around £1million over the next 15 months. The oil and gas project services consultancy has secured frame agreements and call-off contracts with ADTI, Hunting, Talisman Sinopec and North Sea newcomer, MOL.


Aker Solutions Wins North Sea Contracts

Norwegian oil services firm Aker Solutions won two offshore contracts, including a 120 million pound ($188.82 million) deal to provide engineering, construction and commissioning services on Statoil's Mariner development in the UK, it said on Monday.


Aker Solutions Wins Mariner Development Deal

The work will be managed by Aker Solutions UK MMO unit through an integrated construction and completions (ICC) organization with Daewoo and Statoil.

  Aker Solutions secured a contract from Daewoo Shipbuilding and Marine Engineering to provide engineering, construction and commissioning services for the hook-up phase of the Mariner oilfield development in the UK North Sea. The agreement is worth more than GBP 120 million


Deltamarin Contributes to Arctic Carrier Design

Image: Aker Arctic

Deltamarin Ltd. has provided Aker Arctic Technology Inc. with design services for two polar class heavy deck carrier ships intended for carrying heavy project cargos in large modules to Yamal LNG plant construction site on the Russian Yamal peninsula.


Aker Not to lay off Staff

Aker Solution

  Norwegian broadcaster NRK today reported that Aker Solutions' fabrication yard in Egersund, Norway, will be letting 1,500 temporary workers go after the new year. While it is common practice at the yard to adjust the temporary workforce to existing activity levels


Aker Wayfarer to be Modified for Subsea Work

Aker Wayfarer (Image courtesy of Rolls-Royce)

Kleven’s Myklebust Verft in Gursken, Norway, has signed a modification contract with Ocean Yield ASA, a ship owning company with investments within oil-service and industrial shipping, to convert the Aker Wayfarer into a deepwater subsea equipment support vessel (SESV)


Aker Evaluating Future of US Shipyard, ASC

Aker Philadelphia Shipard view: Image courtesy AKPS

Norway's Aker ASA may decide to merge or otherwise restructure two listed units that have seen strong benefits from the U.S. shale oil energy boom, Aker's Converto investment vehicle said in a statement released late on Monday. Converto, the top owner of both Aker Philadelphia Shipyard and


Aker Solutions Starts Trading After Company Split

The split creates a simpler and more focused Aker Solutions that is better positioned to meet the needs of customers in an increasingly competitive global energy industry

  Aker Solutions today started trading on the Oslo stock exchange as a leaner and more streamlined company that will build on its strengths in the subsea and field design markets. The company emerges after a spin-off of the Subsea, Umbilicals, Engineering and Maintenance


Aker Solutions Demerger Registered

Photo: Aker Solutions / Rolf Estensen

The consummation of the demerger of Aker Solutions ASA (the existing Aker Solutions) was registered with the Norwegian Registry of Business Enterprises after the close of trading on the Oslo Stock Exchange on September 26, 2014. The separation of Aker Solutions into two independent companies


Keel Laid for Crowley Jones Act Tanker

Photo: Crowley

First of four Crowley tankers celebrated in keel laying ceremony at Aker Shipyard The first of four Crowley Maritime Corp. product tankers was celebrated today in a keel laying ceremony held at Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S


Aker Wayfarer Wins 5-Yr Contract from Petrobras

Photo  Aker Solutions

  Aker Solutions' subsidiary Aker Oilfield Services (AKOFS) has won a contract worth USD 465 million over five years from Petrobras to provide subsea intervention services offshore Brazil from the Aker Wayfarer vessel. The contract will start within the fourth quarter of 2016 and has a


'Aker Wayfarer' Wins Petrobas Subsea Contract

Skandi Aker OSV: Photo Aker Solutions

Aker Solutions' subsidiary Aker Oilfield Services (AKOFS) says it has won a contract worth US$465-million over five years from Petrobras to provide subsea intervention services offshore Brazil from the Aker Wayfarer vessel. The contract will start within the fourth quarter of 2016 and has a


Aker Solutions Update on Company Hive-Off

Image courtesy of Aker Solutions

Aker Solutions informs updated unaudited financial information for the two companies - the new Aker Solutions and Akastor - that will be formed following the split of the business at the end of September. Previous pro forma financial information was disclosed in the information memorandum of


Aker Solutions to Lease 31,100 sq.m Aberdeen Office

David Currie: Photo Aker Solutions

"This move is a long-term investment for us and underlines our commitment to Aberdeen and our customers in the area," said David Currie, Aker Solutions' regional head in the UK. "The new offices will provide high-quality facilities and enable us to bring the majority of our


Sovcomflot Orders 3 Icebreaking Vessels from Arctech

Three Icebreaking Stand-by vessels for Sovcomflot

  Arctech Helsinki Shipyard signed a contract for building of three icebreaking stand-by vessels for Russia´s largest shipping company Sovcomflot. Vessels will be built for the North East Sakhalin Offshore region oil and gas field where they will serve the operator of Sakhalin-2






 
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