Statoil Awards Aker Maritime With Two Contracts

Wednesday, February 20, 2002
Statoil has awarded Aker Maritime two large contracts for maintenance and modification work on its fields in the Tampen area of the North Sea and the Halten Bank/Nordland area of the Norwegian Sea. Including options, the contracts run for up to 11 years, and have a combined value of around $1 billion. The contracts consist of frame agreements for the maintenance and modification work to be carried out on the installations operated by Statoil in both the Tampen area and the Halten Bank/Nordland area. The Tampen area includes the Statfjord A, B and C platforms and the Gullfaks A, B and C platforms. The options cover work on the Snorre TLP, Snorre B and Visund platforms when Statoil takes over as operator of these fields. The Halten Bank/Nordland area covers the platforms on the Åsgard , Heidrun and Norne fields. Aker Maritime's subsidiaries are to merge with Kværner's oil and gas companies in March, but long before the merger was agreed, both Kværner and Aker Maritime submitted competing bids for this work, which were separately evaluated. After the merger has been implemented, the work will be carried out with the support of large parts of the new joint organisation. The award therefore gives the new Aker Kværner AS a very important economic basis for the further development of the company's operations.

The contract party for the work in the Tampen area is the Aker Maritime subsidiary Aker Offshore Partner. The contract will employ around 600 people each year of the contract period, mainly from the new Aker Kværner companies in Stavanger and Bergen. The assignment has a total value of $784 million. The contract for the Halten Bank/Nordland area has been awarded to the Aker Reinertsen joint venture, the partners in which are Aker Maritime and Reinertsen AS. The contract will employ around 250 people each year of the contract period, mainly Aker Maritime and Reinertsen employees in mid Norway including the Kristiansund area. The assignment has a total value of around $285 million. The joint venture will also call on subcontractors, especially from this region.

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Sri Lanka Port Project: China Merchants, CHEC Invest $601-M

Two of China's largest port operators and engineering firms have agreed to invest in a $601 million terminal in Sri Lanka's Hambantota port, part of a series of

Viking Supply Ships Sell PSV 'SBS Cirrus'

Rederi AB TransAtlantic subsidiary Viking Supply Ships says it has sold the 1985 built platform supply vessel SBS Cirrus. The vessel has been delivered to its new owners,

SBM Offshore Announces Thunder Hawk Tiebacks

SBM Offshore is pleased to announce it has signed a Production Handling Agreement (PHA) with Noble Energy to produce the Big Bend and Dantzler fields to the

Cruise Ship Trends

Holland America Line's New Ship is ms Koningsdam

Holland America Line revealed the name of its new 99,500-ton cruise ship slated for delivery in February 2016 will be ms Koningsdam. While the name pays homage

L-3 MSI to Equip Third Quantum Class Ship

L-3 Marine Systems International (L-3 MSI) announced today that it has been awarded a contract to provide a range of navigation, lighting and communication systems

Carnival UK Announces Executive Appointments

David Dingle appointed chairman of Carnival UK; David Noyes promoted to chief executive officer Carnival Corporation & plc announced that David Dingle has been

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Offshore Oil Pod Propulsion Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1046 sec (10 req/sec)