Aker Solutions wins Kristin low pressure production (LPP) modification contract
(Thomson Reuters ONE) -
22 December 2010 - Aker Solutions has won a contract to build and install a new
compressor module on the Statoil-operated Kristin platform in the Norwegian Sea.
The contract value is approximately NOK 900 million.
The purpose of the modification is to increase recovery from the field and
accelerate production by adapting the platform to changes in reservoir pressure.
Work starts immediately, with a scheduled delivery in Q1 2014.
"We are very pleased to win the Kristin LPP contract. This project is in line
with our strategy to be the preferred life-of-field partner through assisting
our customers in executing their increased recovery projects," says president
for maintenance, modifications and operations in Aker Solutions, Stian
Vemmestad.
Aker Solutions has previously carried out front-end engineering design (FEED)
for the Kristin LPP modification.
The project will be managed from Aker Solutions' offices in Bergen and executed
as a joint effort between Aker Solutions in Bergen, Trondheim and Egersund.
ENDS
For further information, please contact:
Media:
Mariken Holter, VP Communications, Aker Solutions, Mob: +47 91787358
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 visit www.akersolutions.com/suppliers
Career opportunities:
Visit http://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.
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
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
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Datum: 22.12.2010 - 12:00 Uhr
Sprache: Deutsch
News-ID 50003
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"Aker Solutions wins Kristin low pressure production (LPP) modification contract"
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