Aker Solutions wins drilling riser contract
(Thomson Reuters ONE) -
09 July 2010 - Aker Solutions has won a contract to supply a further 2 500 feet
riser extension to the Dragonquest (formerly Titanium Explorer) rig, which is
owned by Valenica Drilling and managed by Vantage Drilling Company. The contract
value is approximately NOK 90 million, including both riser joints and buoyancy.
The order comes in addition to the original delivery of a 7 500 feet drilling
riser system. The riser joints will be produced by Aker Solutions and delivered
to the client in the summer of 2011. Valenica Drilling is a subsidiary of TMT,
which has chartered Vantage Drilling Company to manage the Dragonquest rig.
"I am pleased to see that we are able to deliver quality products to our
returning customers. These achievements are the results of our technology
expertise and service offering in the deepwater drilling market," says Eva
Kristensen, president of Aker Solutions' drilling riser business.
"We have been impressed with the focus and professionalism that Aker Solutions
has shown when preparing this and the previous 2 500 feet extension for the
Platinum Explorer. Aker Solutions has dealt well with several changes of plan
and has addressed any concerns that Vantage Drilling Company had regarding the
CLIP riser(TM). Vantage looks forward to continuing to build a stronger
relationship with Aker Solutions," says Bill Thomson, vice president, Asset and
Engineering of Vantage Drilling Company.
Aker Solutions currently has ten drilling riser systems in operation and has
delivered four drilling riser packages this year. The new contract follows the
extension contract for the Platinum Explorer (TMT 1) that was awarded in 2009.
ENDS
For further information, please contact:
Media:
Ivar Simensen, VP Communications, Aker Solutions. Tel: +47 67 51 41 90, Mob:
+47 46 40 23 17
Investor relations:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39,
Mob: +47 911 37 194
Suppliers:
For further information about sourcing and potential subcontracts for this
project, please contact the relevantBA Global Sourcing Champion.
Career opportunities:
Visithttp://www.akersolutions.com/careers
Aker Solutions ASA, through its subsidiaries and affiliates ("Aker Solutions"),
is a leading global provider of engineering and construction services,
technology products and integrated solutions. Aker Solutions' business serves
several industries, including oil & gas, refining & chemicals, mining & metals
and power generation. 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' parent company is Aker Solutions ASA. Aker Solutions has
aggregated annual revenues of approximately NOK 54 billion and employs
approximately 22 000 people in about 30 countries.
Aker Solutions is part of Aker (www.akerasa.com), 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.
This press release may include forward-looking information or statements and is
subject to our disclaimer, see www.akersolutions.com.
[HUG#1430603]
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.
All reproduction for further distribution is prohibited.
Source: Aker Solutions ASA via Thomson Reuters ONE
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Datum: 09.07.2010 - 11:51 Uhr
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