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.
Aker Kvaerner Awarded Contract with BP Norge AS
BP Norge AS has awarded Aker Kvaerner a service contract for provision of personnel and equipment for well intervention services for the Ula, Valhall, Hod, Tambar and Skarv fields on the Norwegian Continental Shelf. The contract is for a firm period of five years plus a two year optional period. The estimated contract value for the initial five years is NOK 175 million. The scope of work comprises mechanical wireline services, wireline tractor services and cased hole logging services. The work will be undertaken by the Aker Kvaerner subsidiary, Aker Kvaerner Well Service in Stavanger. Since the Ula field came onstream in 1986, Aker Kvaerner Well Service has provided well intervention services to BP.
