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Aker Well Service News

01 Nov 2012

Aker Solutions Secures Extended Agreement with Statoil

Statoil has exercised a two-year contract option with Aker Solutions for provision of mechanical wireline services on Statoil operated fields and mobile drilling units on the Norwegian continental shelf. The initial three-year contract period started in 2009. Statoil has now exercised the first of two potential two-year contract options. Aker Solutions estimates that the two-year contract extension will generate revenues of between NOK 700-800 million. The contract will occupy around 400 employees, of which approximately 60 per cent will be supporting Statoil offshore. Aker Solutions will manage the agreement from its well service hub at Forus, Stavanger, Norway. "Our cooperation with Statoil within the mechanical wireline segment dates back to 1984.

03 Oct 2012

Aker Solutions Signs Contract with Dong Energy

Aker Solutions has signed a contract with Dong Energy to provide well intervention services for the oil company's assets offshore Norway and Denmark. Under the contract Aker Solutions will deliver electrical wireline logging services and wireline tractor services at the oil and gas fields where Dong Energy operates on the Danish and Norwegian continental shelves. The contract is valid for two years plus an optional two-year extension (2+2). Aker Solutions estimates that the contract will generate revenues of approximately NOK 40 million annually.

01 Oct 2012

Aker Solutions Awarded Agreement with Statoil

Aker Solutions has been awarded a four-year frame agreement from Statoil for delivering wireline tractor services on the Norwegian continental shelf. The frame agreement is valid for four (4) years from 2013 to 2017, with two additional two-year options (2+2). Aker Solutions will deliver well intervention services using its proprietary wireline tractor technology and wireline tractor application tools. Under the agreement Aker Solutions will deliver wireline tractor services to the platforms that Statoil operates out of Stavanger, Norway, including Statfjord, Volve, Sleipner, Snorre, Gudrun, Dagny and Ermintrude. The company will also provide wireline tractor services to the following fields in the Norwegian Sea: Morvin…

08 Jun 2012

Aker Solutions to provide well services for Island Offshore and Statoil

Aker Solutions has been awarded two contracts from Island Offshore to provide well intervention services for Statoil in the North Sea. Scope of work is to deliver downhole well intervention services from Island Offshore's two riserless well intervention vessels Island Frontier and Island Wellserver. These operations include running of mechanical wireline, electrical wireline and wireline tractor services. The two contracts are valid for five years plus two optional two-year extensions (5+2+2). They will run from 2015, when the current contracts expire.

08 Jun 2012

Aker Wins Island Offshore Contracts

Island Wellserver: Photo credit Island Offshore

Aker Solutions has been awarded two contracts from Island Offshore to provide well intervention services for Statoil in the North Sea. Scope of work is to deliver downhole well intervention services from Island Offshore's two riserless well intervention vessels Island Frontier and Island Wellserver. These operations include running of mechanical wireline, electrical wireline and wireline tractor services. The two contracts are valid for five years plus two optional two-year extensions (5+2+2). They will run from 2015, when the current contracts expire.

12 Sep 2008

Aker Solutions Makes Management Changes

Aker Solutions announced organizational changes in its Subsea and Products & Technologies business areas. It also announced changes in the company's executive management team. The changes involve an integration of Aker Marine Contractors, Aker Well Service and Aker Geo into the Subsea business area. In combination with our ownership and cooperation with Aker Oilfield Services, the new structure will also leverage our well intervention services offering. Until now these business units have been part of the Products & Technologies business area. In addition the drilling riser business will be transferred from Subsea to the Products & Technologies business area to further strengthen our drilling solutions.