Aker Wins Contract for Johan Castberg Floater Study
Aker Solutions won a contract from Statoil (STO) 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 (AKSO.OL) has previously conducted concept studies for the Johan Castberg field, which is estimated to hold between 400-600 million barrels of oil. The Statoil-operated field is located about 240 kilometers north-west of Hammerfest.