Aker Solutions opens new subsea facility at Egersund yard
(Thomson Reuters ONE) - 25 November 2009 - Aker Solutions is today officially opening a newsubsea facility at its yard in Egersund, west Norway. The new subseahall will add another capacity to the yard and help further developAker Solutions' leading position within subsea processingtechnologies.The first project to be undertaken in the subsea hall is the assemblyand testing of the groundbreaking Ormen Lange subsea compressionstation pilot that Aker Solutions is developing for Statoil.The new hall is tailored to handle highly sensitive subsea equipmentincluding strict demands for cleanliness. It is designed to handlelarge structures such as the Ormen Lange subsea compression stationpilot, which will measure 35 x 6.5 x 13 metres and weigh 1100 tonneswhen assembled. The hall covers an area of 1900 square metres and is26 metres tall. Total investment is approximately NOK 40 million."This new facility will add another string to our bow and helpdevelop our capabilities and competitive edge in a subsea market withgreat future potential," says Svein Oskar Nuland, managing directorof Aker Solutions' yard in Egersund."Our ability and desire to branch out into new business segments iswhat makes this yard competitive. We have a great track record withinsubsea structures and manifolds, and we look forward to building onthis through a successful delivery of the Ormen Lange project," addsNuland.The initial contract for delivery of a subsea compression stationpilot was awarded by Statoil to Aker Solutions in July 2006. The aimof the Ormen Lange project is to evaluate whether a subseacompression station, at approximately 900 metres water depth, is aviable alternative to an offshore platform.The Ormen Lange gas field, for which A/S Norske Shell is theoperator, started production in September 2007 and reached fullproduction earlier this month. Later in the production phase, thechallenge at Ormen Lange will be to boost the well stream in order tomaintain production of gas and condensate from the reservoir. This iswhere a subsea compression station comes into the picture."We are proud to be working together with Statoil on developing thisgroundbreaking technology. We are confident that it will prove highlybeneficial should Statoil and A/S Norske Shell go for full subseacompression station solutions in the end," says Mads Andersen,executive vice president, Aker Solutions"In addition to Ormen Lange, there is a huge amount of undevelopedgas fields all over the world where this technology can be applied inorder to increase production and recovery rates," adds Andersen.The subsea compression station pilot, which will be built inEgersund, is identical to one out of four trains on the proposedfull-scale subsea compression station. After assembly and testing inEgersund, the pilot will be transported to the Nyhamna onshoreterminal, where it will undergo endurance testing in a purpose-builttest pit.ENDSFor further information, please contact:Media:Endre Johansen, VP Communications, Aker Solutions. Tel: +47 22 94 5891, Mob: +47 416 10 605, e-mail: endre.johansen(at)akersolutions.comInvestor relations:Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 6751 30 39, Mob: +47 911 37 194Suppliers:For further information about sourcing and potential subcontracts forthis project, please contact BA Global Sourcing Champion, telephonenumber foundhere: http://www.akersolutions.com/Internet/SuppliersCentre/Contacts/SupplyManagementContacts.htm.Career opportunities:Visit http://www.akersolutions.com/careersAker Solutions ASA, through its subsidiaries and affiliates("Aker Solutions"), is a leading global provider of engineering andconstruction services, technology products and integrated solutions.Aker Solutions' business serves several industries, includingoil & gas, refining & chemicals, mining & metals andpower generation. The Aker Solutions group is organised in a numberof separate legal entities. Aker Solutions is used as the commonbrand/trademark for most of these entities.Aker Solutions' parent company is Aker Solutions ASA. Aker Solutionshas aggregated annual revenues of approximately NOK 58 billion andemploys approximately 23 000 people in about 30 countries.Aker Solutions is part of Aker (www.akerasa.com), a group of premiercompanies with a focus on energy, maritime and marine resourceindustries. The Aker companies share a common set of values and along tradition of industrial innovation. As an industrial ownercontrolling 40.27 percent of the shares in Aker Solutions throughAker Holding AS, Aker ASA takes an active role in the development ofAker Solutions.This press release may include forward-looking information orstatements and is subject to our disclaimer, seewww.akersolutions.com.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 25.11.2009 - 14:00 Uhr
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