Aker Solutions Wins Mariner Development Deal
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. It comes in addition to a five-year maintenance and modifications services contract awarded in June by Statoil for the Mariner field, which is set to start production in 2017. "We are very pleased to be expanding our already significant role in developing the Mariner field and to be working with Daewoo and Statoil," said Tore Sjursen, head of Aker Solutions' maintenance, modifications and operations (MMO) business.
Aker Solutions Starts Trading After Company Split
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, Modifications and Operations (MMO) businesses of the former Aker Solutions, which has been split into two separate entities to reduce complexity, realize synergies and bring down costs. The other company formed in the separation is Akastor, an oilfield services investment business that will develop the former group's other units, including Drilling Technologies. "The…
Norway Offshore MMO Slowdown: Aker Helps Redundant Workers
Aker Solutions says it is transferring employees to a new subsea engineering hub in Stavanger and using the Aker Advantage recruitment agency to find work for more than 200 employees impacted by the slowdown in Norway's offshore maintenance and modifications market. The company is acting proactively to ease overcapacity in its Norwegian MMO business, which is being affected by lower demand as oil companies reduce spending plans. About 100 MMO engineers will be moved to a subsea hub that's being established in Stavanger to support and ensure flawless execution of Aker Solutions' significant order backlog. Aker Solutions is also offering about 130 employees a transfer to Aker Advantage, which will endeavour to find jobs inside or outside the group.
Wärtsilä Pumps Chosen for North Sea FSU
Wärtsilä said it signed a contract in late 2013 for a range of pumping solutions for a new Floating Storage Unit (FSU) which will operate on the Mariner oilfield in the North Sea. Wärtsilä's contract was signed with Samsung Heavy Industries (SHI) which will build the FSU in South Korea on behalf of Statoil, the Norway based international energy company. Delivery of the Wärtsilä equipment is scheduled for spring 2015, and the FSU is expected to be in operation in 2017. The Wärtsilä…
Aker to Deliver Drilling Package in the North Sea
Aker Solutions won a contract from Daewoo Shipbuilding and Marine Engineering (DSME) to deliver a drilling equipment package for the production platform at the Mariner oilfield in the U.K. North Sea. The parties agreed not to disclose the value of the order, which includes a complete topside equipment package. Aker Solutions will also provide necessary support services at DSME's shipyard in South Korea and during the offshore installation phase. Delivery of the equipment will be completed in 2015.
