Tore Sjursen News

Tore Sjursen will assume the position as executive vice president for operational improvement and risk management at Aker Solutions on April 1. Knut Sandvik will at the same time replace Sjursen as head of the company's maintenance, modifications and operations business. Sjursen will be based in Oslo and be responsible for the corporate center functions Enterprise Risk Management, Tendering and Corporate Risk Committee, Health, Safety and Environment, Quality and Performance and Operational Audit. He will also be responsible for developing and coordinating company-wide improvement agendas, monitoring business area improvement initiatives and reporting on progress to the board of directors.

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 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.

Aker Solutions acquired UK specialist engineering company International Design Engineering And Services Ltd (I.D.E.A.S) to boost its asset integrity management services. Glasgow, Scotland-based I.D.E.A.S. has developed software and technology that is designed to improve the quality and accuracy of integrity and life time analysis for oil and gas assets. The analysis can be applied in all phases of the development of an installation, from design through construction, operation and life extension. "This technology strengthens our offering of asset integrity management services," said Tore Sjursen, head of Aker Solutions' maintenance and modifications business. "It can be used to predict the lifetime of an installation in a more effective manner.

Aker Solutions awarded contract for offshore engineering services to support Husky Energy at White Rose field. The scope of work includes studies, modifications (EPCI) and campaign maintenance services. The duration is five years with an option to extend the contract for as many as 10 one-year periods. The estimated contract value is NOK 900 million for the five-year period. "We are delighted that Husky has chosen us as their preferred partner for offshore engineering services at the White Rose field," says Tore Sjursen, head of maintenance, modifications and operations at Aker Solutions. The project will employ about 70 management and engineering employees onshore, as well as 20 people on rotation offshore. The White Rose field is located 350 kilometres southeast of St.

The contract involves further modification work on Sleipner A under the Sleipner Modification Portfolio Agreement. In detail, this contract is for engineering, procurement, construction, installation and commissioning (EPCIC) to tie the gas production from the Dagny platform into Sleipner A. The Sleipner Modification Portfolio Agreement was awarded to Aker Solutions in August 2010 and the company is currently working on the first call-off project named Gudrun tie-in to Sleipner. The Sleipner area is the second largest gas producer in the North Sea, after the Troll field.

International oil service group Aker Solutions strengthens its commitment to the Canadian oil and gas market through taking full ownership of Newfoundland and Labrador-based AKCS Offshore Partner. "The buy-out will support Aker Solutions' growth plans in North America and be the foundation for further expansion in St. John's and Atlantic Canada. This is a firm commitment from Aker Solutions to continue to invest in this region to offer the best possible support to our customers," says Tore Sjursen, head of maintenance, modifications and operations (MMO) in Aker Solutions. AKCS Offshore Partner was a partnership formed by Aker Solutions, SNC-Lavalin and G.J Cahill & Co. in 2002 to pursue contracts for the Atlantic Canada oil and gas industry.

Aker Solutions wins a topside modification contract by Statoil to increase oil recovery at Gullfaks South. Estimated contract value is NOK 180 million. The main object of the project is to deliver topside modification for tie-in of two new templates, located at Gullfaks South, to Gullfaks A, plus topside modification for re-routing production from existing template D from Gullfaks A to Gullfaks C. Scope of work under the Gullfaks South increased oil recovery topside project includes engineering, procurement, construction, installation and commissioning assistance (EPCIc). "This will be a challenging and exciting job. It is an important assignment for Aker Solutions, which shows that we are competitive on jobs in all levels of the market.

Aker Solutions is buying Canadian asset integrity management (AIM) company Thrum Energy Inc. Thrum Energy is a St. John's, Newfoundland-based asset integrity management company. The company provides a diverse portfolio of quality services to both onshore and offshore assets in Canada. Asset integrity management (AIM) in Aker Solutions includes maintenance engineering, integrity management and advanced inspection and monitoring solutions, spanning from early design throughout the lifetime of an asset…

Aker Solutions has acquired a fabrication facility in Sandnessjøen, Norway, to increase its fabrication capacity in the Norwegian Sea and further north. The purchase is part of Aker Solutions' northern Norway strategy. The facility, which is located at Helgelands Industrial Park in Sandnessjøen, Norway (Helgelands Næringspark), is being acquired from Ruukki Construction Norge AS. Historically, the core competence at the facility has been within fabrication of steel structures, including product deliveries to the oil industry. The transaction value is undisclosed. "As the oil and gas industry moves further north, it is important to build up our capacity in northern Norway.

Aker Solutions helps extend the life of the fields offshore Brunei. Aker Solutions has been selected as the management contractor for Brunei Shell Petroleum Co Sdn Bhd's (BSP) offshore construction and maintenance services. The contract runs for five years and has an estimated value of over NOK 2.3 billion. As the management contractor Aker Solutions will be responsible for managing the construction and maintenance work for BSP's offshore assets, and transferring competence to enable local businesses to gradually assume responsibility for the work. "This is another very important contract for Aker Solutions in South East Asia and a strategic development for our maintenance…

Aker Solutions named as management contractor for Brunei Shell Petroleum Co Sdn Bhd's (BSP) offshore construction and maintenance services. The contract in Brunei, East Asia, is worth over NOK 2.3 billion, and is for a duration of five years with an option of two additional years. The work for BSP will commence immediately and the first offshore campaign managed by Aker Solutions in Brunei is scheduled for 2013. As the management contractor Aker Solutions will be responsible for managing the construction and maintenance work for BSP's offshore assets, and transferring competence to enable local businesses to gradually assume responsibility for the work. Local business development will be a priority.

The frame agreement covers engineering, procurement, construction and installation for ExxonMobil's operated assets on the Norwegian continental shelf. The fixed contract duration is five years from 2012 to 2017, with options for two additional five year periods. The frame agreement will be managed from Stavanger. The agreement will cover Balder, Jotun A, Jotun B and Ringhorne assets operated by ExxonMobil on the Norwegian continental shelf. Contract parties are Aker Solutions' subsidiary Aker Solutions MMO AS and ExxonMobil Exploration and Production Norway AS. "We are very proud to be chosen by ExxonMobil to undertake this work on the Norwegian continental shelf," says Tore Sjursen, head of maintenance, modifications and operations in Aker Solutions.

Aker Solutions acquires Norwegian engineering company Sandnessjøen Engineering. The acquisition will strengthen Aker Solutions' presence in northern Norway and grow the company's engineering capacity for offshore projects. Over the past 20 years, Sandnessjøen Engineering has established a strong and experienced team, which supplies engineering and project management services to the oil and gas and construction industries in the area. The company is located in the Petro Næringshage in Sandnessjøen, Norway, a central key location for services to several oil and gas fields in the Norwegian Sea.

Statoil has exercised an option of a three year extension of the minor modifications frame agreement contract with Aker Solutions at the Mongstad refinery, located on Norway's west coast. Aker Solutions estimates the contract value to be approximately NOK 360 million. The original frame agreement at the Mongstad refinery commenced in January 2006 and lasts until the end of 2011. Scope of work includes studies and execution of modifications to increase operational stability, capacity and longevity. A total of 100 people at Aker Solutions' office in Bergen will work on the Mongstad contract. "We are very pleased that Statoil has renewed their trust in Aker Solutions.

BP has decided to extend the maintenance and modification contract with Aker Solutions, exercising a one year option in the existing agreement for the Ula, Valhall, Hod and Tambar fields. Work under the new option will last until April 2012. The contract value is estimated to be NOK 2-300 MNOK. The original maintenance and modification contract was signed in 2005. "We are very pleased that BP again demonstrates their trust in Aker Solutions. We look forward to continue our long term cooperation with BP"…

ExxonMobil Exploration and Production Norway AS has exercised a two year option in its term contract with Aker Kvaerner in Stavanger, Norway. The contract covers all ExxonMobil operated assets in the Norwegian Continental Shelf. "By exercising this option ExxonMobil show their satisfaction of the services Aker Kvaerner is delivering under this long term service agreement. We are very proud of being ExxonMobil's preferred supplier and that they recognise our company and our services as value adding to their operations", says Tore Sjursen, President of Aker Kvaerner Offshore Partner in Norway. Aker Kvaerner was awarded the Esso Broad Scope Services Agreement (BSSA) in 1998…