Aker Solutions to Deliver Offshore Wireline Tractor Services

Press Release
Monday, October 01, 2012

Aker Solutions wins a Statoil four-year frame agreement to supply wireline tractor services on the Norwegian continental shelf.

The wireline tractor can push well intervention equipment several kilometres along highly deviated and horizontal wells. It has eliminated the need for more heavily equipped and costly well conveyance methods, thereby significantly reducing both operational costs and HSE risk.

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, Åsgard, Trestakk, Kristin, Heidrun, Norne, Njord, Tyrihans, Mikkel, Yttergryta, Alve, Urd, Aasta Hansteen, Snøhvit and Hyme.

Aker Solutions estimates that the firm part of the frame agreement will generate revenues in excess of NOK 100 million per year.

In addition to the fixed awarded scope, the contract carries an option to deliver wireline tractor services from mobile drilling and light well intervention units operating out of Stavanger, on contract with Statoil.

"Statoil already has a recovery rate of 50 percent on their fields. They now have an ambition of increasing that to 60 percent. Both these figures are quite remarkable. We look forward to continue supporting Statoil in reaching their ambitious recovery rate target," says Wolfgang Puennel, head of well intervention services in Aker Solutions.

Aker Solutions will manage the agreement from its global centre of excellence for wireline tractor services at Forus, Stavanger, Norway.


Maritime Reporter October 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


SAAM SMIT Towage Orders Damen ASD Tug

SAAM SMIT Towage, a joint venture between SAAM S.A. of Chile and Dutch company Royal Boskalis Westminster N.V., has signed a contract for the purchase of a Damen Tug 2913 for delivery in early 2016,

Sanmar to Build 6 Terminal Tugs for Svitzer

Svitzer has signed a contract with Turkish shipbuilder Sanmar Shipyard for the construction of six newbuild terminal tug vessels, the first of which is scheduled for delivery in Q4 2016.

Noreco CEO Quits

Norwegian Energy Company ASA (Noreco) announces that Tommy Sundt is stepping down as CEO of Noreco ASA. Since joining Noreco in September 2014, Tommy Sundt


USCG, RCAF to Conduct Joint Training

The crew of Coast Guard Air Station Traverse City is hosting an international joint search-and-rescue exercise with members of the Royal Canadian Air Force beginning

Ocean Installer in BP frame deal

Ocean Installer has been awarded a Regional Framework Agreement with BP for subsea work in the Gulf of Mexico region.   The agreement covers subsea fabrication,

Ulstein Debuts DP Construction Vessel

With the ULSTEIN S182 design, ULSTEIN introduces a new dynamically positioned multipurpose construction vessel suitable for shallow water operations. Main design


Noreco CEO Quits

Norwegian Energy Company ASA (Noreco) announces that Tommy Sundt is stepping down as CEO of Noreco ASA. Since joining Noreco in September 2014, Tommy Sundt

Egypt Picks 7 Winners in Tender for 55 LNG Cargoes

Seven companies reportedly met with Egyptian Natural Gas Holding Co. (EGAS) to discuss an  liquified natural gas (LNG) tender, including: Vitol, Noble Group, Trafigura,

Floating Tidal Energy Platform Up and Running

The first months of operating the BlueTEC tidal energy platform have been a success, according to the BlueTEC Texel Tidal partnership: with every tidal flow, the

Marine Equipment

Dredges Work to Restore National Wildlife Refuge

Dredges are currently being used in a large tidal marsh restoration project at Prime Hook National Wildlife Refuge in Delaware, one of the largest ever marsh restoration projects in the eastern U.

Thordon’s COMPAC for US’ Largest Containerships

Thordon Bearings has signed a contract to supply COMPAC seawater-lubricated propeller shaft bearing solutions to two Jones Act containerships under construction at the Aker Philadelphia Shipyard Inc.

New Research Vessel for Virginia Institute of Marine Science

JMS Naval Architects has completed the Contract Design Package of a 93-foot research vessel for Virginia Institute of Marine Science to replace its current research vessel, Bay Eagle.

Maritime Careers / Shipboard Positions Navigation Offshore Oil Pipelines Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2321 sec (4 req/sec)