Gulf Oil and Gas accountACCOUNT

Aker Solutions Wins NOK 900 Million Subsea Contracts

Source: www.gulfoilandgas.com 10/4/2016, Location: Europe

Share |
Aker Solutions secured two contracts worth at least NOK 900 million from DEA Norge to deliver the subsea production system, maintenance and services at the Dvalin natural gas development offshore Norway.

The first order is for a production system encompassing a manifold, four subsea trees and a 15-kilometer long umbilical that will connect to the adjacent Heidrun platform. It also covers wellheads, controls, tie-in and workover systems and options for further subsea production tie-back connections to Heidrun. Initial deliveries are slated for the first half of 2018.

The companies also agreed on a five-year framework contract for maintenance and servicing of all subsea production systems ordered under the first agreement, including installation and commissioning services. The contract may be extended by three-year periods.

"Dvalin is DEA's first development as an operator in Norway and we look forward to working together to sustainably maximize the full potential of this field," said Luis Araujo, chief executive officer of Aker Solutions.

The value of the subsea production system as well as related installation and commissioning services is about NOK 900 million and will be booked in fourth-quarter orders. The size of the framework agreement depends on the amount of work necessary and orders will be booked as they come in.

The work will primarily be carried out in Norway, with management, engineering and procurement for the subsea production system handled at in Fornebu. Subsea trees will be delivered from the plant in Tranby, manifolds from the Egersund yard, the umbilical from the factory in Moss and controls systems from Aberdeen, in the UK. Maintenance and services will be provided by the company's service base in Agotnes, Norway.

The Dvalin field, formerly named Zidane, will be developed as a subsea tieback to the adjacent Heidrun platform in the Norwegian Sea. Gas from the field will be transported via Heidrun through the Polarled pipeline to the Nyhavna processing plant before being sent to the European market.

Subsea Production News in Norway >>

United Kingdom >>  5/23/2018 - The Oil and Gas Authority (OGA) has offered for award 123 licences over 229 blocks or part-blocks to 61 companies in the 30th Offshore Licensing Round...
Norway >>  5/16/2018 - Wintershall has together with its partners Capricorn, Spirit Energy, Edison and DEA submitted the Plan for Development and Operation for its operated ...

Norway >>  5/16/2018 - Aker Solutions secured a contract valued at over NOK 1 billion from Equinor to deliver a module for the Troll A platform that will help increase outpu...
Portugal >>  5/2/2018 - Galp informs that it has signed a 20-year LNG Sales and Purchase Agreement (SPA) with Venture Global LNG for 1 MTPA (million tonnes per annum) from th...

Related Categories: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 

Related Articles: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 


Norway Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 |

More News

 

Oil & Gas Companies in Norway >>


Related Links

Gulf Oil and Gas
Copyright Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.