Aker Solutions Signs Aasta Hansteen SPS Contract

Press Release
Friday, February 01, 2013

Aker Solutions has signed a contract with Statoil for the supply of a subsea production system for the Aasta Hansteen field development project on the Norwegian Continental Shelf. The contract value is approximately NOK 2 billion.

Last week, Aker Solutions signed a NOK 280 million contract with Statoil for the supply of deepwater umbilicals for Aasta Hansteen. Now, the company has secured another major contract for this field development.

The scope of work within the subsea production system includes three template-manifold structures, 7 subsea trees, in addition to wellheads, controls, workover and tie-in systems. The contract also contains options related to Aasta Hansteen which Statoil may exercise.

"Aker Solutions is dedicated to supporting Statoil in optimising their assets and maximizing production rates and gas recovery at Aasta Hansteen. We are very honoured to be involved in this major deepwater project," says Alan Brunnen, head of Aker Solutions' subsea business.

Management, engineering and procurement will primarily be performed at Aker Solutions' headquarters in Fornebu, Norway. Fabrication of the subsea trees and workover systems will be completed at the Tranby manufacturing center, outside Oslo. The production of the template-manifolds will be carried out at Aker Solutions' facilities in Egersund on the west coast and Sandnessjøen in the northern part of Norway. The facility in Aberdeen in the UK will deliver the control systems and the wellheads.

Aker Solutions is investing heavily in the northern part of Norway and in October 2012, the company announced the acquisition of a fabrication facility in Sandnessjøen. The facility will provide several fabrication services for Aker Solutions and will be deeply involved in the Aasta Hansteen project. The fabrication of the template-manifolds in Sandnessjøen will also create regional spin-off effects.

Aasta Hansteen is located 300 km west of Bodø and 140 km north of the nearest existing offshore infrastructure Norne, in the northern part of Norway. It is a deepwater project consisting of the three structures Luva, Haklang and Snefrid South at a water depth of 1300 metres.

Aasta Hansteen is the deepest subsea development in the Norwegian waters to date and will provide a new deepwater standard for such production systems including new technology developments.

The first deliveries of the Aasta Hansteen subsea production system will be made in the first half of 2015.


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