Statoil expands subsea workover commitment

Offshore staff

STAVANGER, Norway -- Statoil has contracted Aker Subsea to supply three subsea work-over systems for use offshore Norway.

The estimated contract value is around NOK 1.25 billion ($230 million). Statoil exercised its options for this equipment under a contract awarded to Aker Solutions in February for a single workover system for the Vigdis North East development.

Aker Solutions' Tranby Technology and Manufacturing Centre outside Oslo, Norway, will manage the project, also manufacturing the well control package and riser elements. The company’s branch in Aberdeen, UK, will assemble the workover control module.

04/19/2011



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...