Aker Solutions secures NOK 470m subsea contract from Total
Aker Solutions has been awarded a contract by Total E&P Angola, to deliver seven new subsea tree systems to the Dalia field located offshore Angola. Contract value is approximately NOK 470 million, the Company said Friday.
Scope of work includes seven production subsea trees, seven wellhead systems and seven well jumper systems, and may include some contract options.
"Our first subsea tree award was signed for Dalia in 2003 and we have successfully delivered 71 subsea tree systems to this field. We are very pleased to continue this positive relationship with Total E&P Angola and look forward to executing this project," says Alan Brunnen, executive vice president of Aker Solutions' subsea business area.
Management and engineering of the subsea tree systems will be performed at Aker Solutions' manufacturing centre in Tranby, Norway. Procurement, manufacturing and assembly will take place in Port Klang, Malaysia, and Aberdeen, UK. Equipment deliveries will be made in 2013 and 2014.
Aker Solutions is preparing for major growth by investing NOK 500 million (USD 87 million) in its subsea business. This investment is set to double the capacity of its manufacturing plants in Tranby, Norway, and Port Klang, Malaysia.
The Dalia field is located in block 17 offshore Republica de Angola. The field is approximately 230 kilometres offshore at a water depth of between 1200m to 1400 metres, and covers an area of approximately 230km².
Aker Solutions has established a state-of-the-art service base facility in Luanda with 130 employees.
Aker Solutions' contract party is Aker Subsea AS. The contract was signed and booked as order intake in the first quarter of 2012.
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.