Aker Solutions Awarded Two MMO Contracts From ConocoPhillips in Norway
(Thomson Reuters ONE) -
February 1, 2016 - Aker Solutions' maintenance, modifications and operations
(MMO) business in Norway secured two contracts for work at North Sea fields
operated by ConocoPhillips.
The company received a framework agreement for a fixed period of five years to
become ConocoPhillips' main supplier of maintenance and modifications work
offshore Norway. The agreement may be extended by up to three years and covers
work on all installations at the Ekofisk and Eldfisk fields offshore Norway,
starting in February.
The contract value depends on how much maintenance and modifications work is
undertaken over the next five years and could range between NOK 1 billion and
NOK 3 billion in that period. The range neither represents a minimum nor a
maximum amount but serves to illustrate a realistic, yet uncertain range.
Aker Solutions was also one of three companies awarded a contract to compete for
work on large, complex modifications projects at these fields. This contract has
the same fixed period and option as the framework agreement.
"We're very pleased to secure these two major agreements with ConocoPhillips,
which build on the strengths of our operations in Norway and our expertise in
complex modifications," said Luis Araujo, chief executive officer of Aker
Solutions.
Work on both contracts will be managed and executed by Aker Solutions' MMO unit
in Stavanger and fabrication yard in Egersund. The agreements will also provide
work for offshore employees.
"The Ekofisk and Eldfisk installations comprise one of the largest maintenance
and modifications portfolios offshore Norway and these contracts will help
secure jobs in key parts of our Norwegian MMO business," said Per Harald
Kongelf, head of Aker Solutions' Norwegian operations.
ENDS
For further information, please contact:
Media:
Bunny Nooryani, Chief Communications Officer, Aker Solutions. Tel:
+47 67 59 42 71, Mob: +47 480 27 575, E-mail: bunny.nooryani(at)akersolutions.com
Anne Cecilie Lund-Andersen, Media Relations Manager, Aker Solutions. Tel:
+47 22 94 74 52, Mob: +47 99 62 12 13, E-mail: anne.cecilie.lund-
andersen(at)akersolutions.com
Investors:
David Phillips, Head of Industry & Investor Relations, Aker Solutions. Tel:
+44 208 811 7111, Mob: +44 7788 338 887, E-mail:
david.phillips(at)akersolutions.com
Lasse Torkildsen, Senior Advisor, Aker Solutions. Tel: +47 67 51 30 39, Mob:
+47 911 37 194, E-mail: lasse.torkildsen(at)akersolutions.com
Aker Solutions is a global provider of products, systems and services to the oil
and gas industry. Its engineering, design and technology bring discoveries into
production and maximize recovery. The company employs approximately 15,000
people in about 20 countries. Go to http://akersolutions.com for more
information on our business, people and values.
This press release may include forward-looking information or statements and is
subject to our disclaimer, see http://akersolutions.com.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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 GlobeNewswire
[HUG#1982671]
Unternehmensinformation / Kurzprofil:
Datum: 01.02.2016 - 15:32 Uhr
Sprache: Deutsch
News-ID 447739
Anzahl Zeichen: 3996
contact information:
Town:
Fornebu
Kategorie:
Business News
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"Aker Solutions Awarded Two MMO Contracts From ConocoPhillips in Norway"
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