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Oil And Gas Production Wells News

19 Sep 2019

Aramco Uses Renewables in Gas Wells

Saudi Arabian national petroleum and natural gas company Saudi Aramco said that using renewable energy at unconventional well sites in Wa’ad Al-Shamal provides multiple benefits to the company."Not only is it a reliable and less expensive way to power the remote wells, but it also reduces carbon emissions and helps to save hydrocarbons for export by providing natural gas for the region’s power generation," Saudi Arabian Oil Company said.A new collaboration between the Power Systems Renewables Department (PRSD) and Unconventional Resources (UR) is not only saving costs while creating value, but is also reducing Saudi Aramco’s environmental…

24 Jun 2013

Aker and Statoil Cancel Cat B Contract

Aker Solutions ASA and Statoil ASA have cancelled a contract for delivery of a semi-submersible rig capable of year-round well-intervention services on the Norwegian continental shelf. The companies in April 2012 agreed Aker Solutions would build the Category B (Cat B) rig and use it to provide Statoil with a range of well-intervention and drilling services for an initial eight years, starting in 2015. The technology development needed to build the rig has since proven to be considerably more demanding than initially anticipated and the parties on June 24 mutually agreed to terminate the contract with immediate effect. "Aker Solutions and Statoil have together concluded that the project can't be realized within the framework of the contract…

28 Sep 2012

Aker Solutions Awarded Troll extension

International oil service group Aker Solutions has been awarded a contract by Statoil to deliver three subsea trees, tubing hangers and a tool package to the Troll field on the Norwegian continental shelf. Estimated contract value is NOK 250 million. The extension is a call-off from a contract signed with Statoil in February 2012. The spare tubing hangers will be utilized on several parts of the Troll field. The Troll field is the world's biggest subsea development with regards to the number of subsea wells. Last year, Aker Solutions reached a major milestone in delivering the 100th subsea tree to the Troll field. The Troll contract awards and deliveries have helped shape and develop Aker Solutions' subsea business.

28 Sep 2012

Aker Solutions Awarded Troll Extension

Photo credit Aker Solutions

Aker Solutions wins a Statoil contract to deliver three subsea trees, tubing hangers & a tool package to the Troll field, Norwegian continental shelf. The extension, estimated contract value NOK 250 million, is a call-off from a contract signed with Statoil in February 2012. The spare tubing hangers will be utilized on several parts of the Troll field. The Troll field is the world's biggest subsea development with regards to the number of subsea wells. Last year, Aker Solutions reached a major milestone in delivering the 100th subsea tree to the Troll field.