Aker Solutions to establish new umbilical plant in Malaysia
(Thomson Reuters ONE) -
13 April 2012 - Aker Solutions will build a new state-of-of-the-art umbilical
manufacturing plant in Pekan, Malaysia, to meet the anticipated growth and the
needs of their Asia Pacific customers. The total investment of USD 60 million
will expand Aker Solutions' manufacturing capacity and strengthen their position
as a leading producer of steel tube umbilicals.
The new manufacturing facility close to Kuantan, on the east coast of Malaysia,
will complement the existing umbilicals manufacturing plants located in Moss,
Norway, and Mobile, Alabama, US.
"I am very excited about the opportunities that will be created by our new
manufacturing plant in Malaysia and the added capabilities it ensures. This new
plant increases Aker Solutions' footprint in Asia and our capability to serve
customers in the Asia Pacific region," says Tove Roskaft, head of Aker
Solutions' umbilical business.
She adds: "The umbilical market has robust fundamentals and this strong growth
is expected to continue. This investment gives us a strategic advantage in the
already booming oil and gas market in the region. As a technology and market
leader, we are now ready to take on the opportunity of having umbilical
manufacturing hubs in three major oil and gas regions of the world."
Over the past few years, Aker Solutions has invested heavily in Malaysia, which
is the company's hub for the Asia Pacific region. This includes their first-
class manufacturing centre for subsea production technologies and drilling
risers in Port Klang, close to Kuala Lumpur. The company also has a 600-strong
front-end, design and engineering hub in Kuala Lumpur.
Subsea umbilicals are deployed on the seabed to supply necessary controls and
chemicals to subsea oil and gas wells, subsea manifolds and any subsea system
requiring a remote control. Over the past 15 years, Aker Solutions has delivered
more than 400 umbilicals to some of the world's most challenging fields, from
harsh environment to ultra-deep, high-pressure water conditions.
Aker Solutions has already opened its regional head office for umbilicals in
downtown Kuala Lumpur managed by Mr. Crawford Tennant who is an industry veteran
and former head of the Aker Solutions facility in Port Klang. The Pekan facility
is scheduled to begin operations in the fourth quarter of 2013.
ENDS
For further information, please contact:
Media:
Severin Roald, Vice President Communications, Aker Solutions. Tel:
+47 22 94 55 23, Mob: +47 92 03 00 33, E-mail: severin.roald(at)akersolutions.com.
Investor relations:
Astrid Thommesen Sæbø, Vice President Investor Relations, Aker Solutions. Tel:
+47 22 94 63 37, Mob: +47 48 17 00 35, E-mail:
astrid.thommesen.saebo(at)akersolutions.com.
Suppliers:
For further information about sourcing and potential subcontracts for this
project, please visit www.akersolutions.com/suppliers
Career opportunities:
Visit http://www.akersolutions.com/careers
Aker Solutions provides oilfield products, systems and services for customers in
the oil and gas industry world-wide. The company's knowledge and technologies
span from reservoir to production and through the life of a field.
Aker Solutions brings together engineering and technologies for oil and gas
drilling, field development and production. The company employs approximately
23 500 people in more than 30 countries. They apply the knowledge and create and
use technologies that deliver their customers' solutions.
Aker Solutions ASA is the parent company in the group, which consists of a
number of separate legal entities. Aker Solutions is used as the common brand
and trademark for most of these entities. In 2011 Aker Solutions had aggregated
annual revenues of approximately NOK 36.5 billion. The company is listed on the
Oslo Stock Exchange.
This press release may include forward-looking information or statements and is
subject to our disclaimer, see www.akersolutions.com.
New umbilical manufacturing plant:
http://hugin.info/77/R/1602163/506176.jpg
Tove Røskaft:
http://hugin.info/77/R/1602163/506178.jpg
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Aker Solutions ASA via Thomson Reuters ONE
[HUG#1602163]
Unternehmensinformation / Kurzprofil:
Datum: 13.04.2012 - 08:00 Uhr
Sprache: Deutsch
News-ID 134700
Anzahl Zeichen: 5110
contact information:
Town:
Lysaker
Kategorie:
Business News
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"Aker Solutions to establish new umbilical plant in Malaysia"
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