Aker Solutions wins equipment frame agreement for Heidrun platform

Thu Jun 20, 2013 2:01am EDT

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Aker Solutions has won a frame agreement from Statoil to supply, refurbish and store compensation equipment used to stabilise and control the production risers on the Heidrun platform in the North Sea. The contract value is undisclosed.

Aker Solutions wins equipment frame agreement for Heidrun platformProduction risers are vertical pipelines between the seabed and a floating production facility. They are used to transport produced hydrocarbons, as well as production materials, such as injection fluids, control fluids and gas lift.

The contract includes delivery of new equipment as well as maintenance and storage of existing materials. Aker Solutions will provide new tapered stress joints and a complete tension system for the Heidrun tension leg platform. Furthermore, it includes refurbishment and preservation of numerous stress joints, tensioning cylinders, tensioner frames and associated components.

The work will be carried out by Aker Solutions' drilling technologies business in Horten, Norway, and the storage will be in Kristiansund on the Norwegian west coast.

The four-year contract can be extended for another four years.

ENDS

For further information, please contact:

Media:
Ivar Simensen, Vice President Communications, Aker Solutions. Tel: +47 46 40 23 17, E-mail: ivar.simensen@akersolutions.com

Investor relations:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 675 13 039, Mob: +47 911 37 194, E-mail: lasse.torkildsene@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 28 000 people in more than 30 countries. We apply the knowledge and create and use technologies that deliver our 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 2012 Aker Solutions had aggregated annual revenues of approximately NOK 45 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.





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Source: Aker Solutions ASA via Thomson Reuters ONE

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