Kvaerner ASA has announced its intent to use Aker Solutions as a sub-contractor for the company's work for A/S Norske Shell to deliver engineering, procurement, construction and management (EPCM) for modifications and projects at the Ormen Lange/Nyhamna onshore facilities on the west coast of Norway, Aker Solutions press release said.
The sub-contract is expected to represent approximately NOK 850 to 950 million in revenues for Aker Solutions.
Aker Solutions will deliver engineering and modification work from the company's offices in Oslo, Kristiansund and Tromsø. When finalised, the sub-contract is expected to represent approximately NOK 850 to 950 million in revenues for Aker Solutions.
Aker Solutions ASA, through its subsidiaries and affiliates ("Aker Solutions"), is a leading global oil services company that provides engineering services, technologies, product solutions and field-life solutions for the oil and gas industry. The Aker Solutions group is organised in a number of separate legal entities. Aker Solutions is used as the common brand/trademark for most of these entities.
Aker Solutions is part of Aker, a group of premier companies with a focus on energy, maritime and marine resource industries. The Aker companies share a common set of values and a long tradition of industrial innovation. As an industrial owner controlling 40.27 percent of the shares in Aker Solutions through Aker Holding AS, Aker ASA takes an active role in the development of Aker Solutions.