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Aker Solutions awarded subsea contracts from Statoil

Aker Solutions was won subsea contracts from Statoil to provide subsea production systems and services for the Troll Phase 3 and Askeladd natural-gas developments offshore Norway.


Aker Solutions was won subsea contracts from Statoil to provide subsea production systems and services for the Troll Phase 3 and Askeladd natural-gas developments offshore Norway.

Troll, which contains about 40 per cent of Norway's offshore gas reserves, is expected to continue producing for decades to come. Askeladd is slated to come on stream after 2020, helping to further develop Norway's newest oil and gas region in the far North. It is located about 180 kilometers from the Melkøya onshore plant, where the gas will be processed.

Aker will deliver a subsea production system consisting of two manifolds and nine trees for the Troll development in the North Sea. The system for Askeladd in the Barents Sea will be comprised of two manifolds and four trees. Both orders include installation and commissioning support services.

The deals are worth between NOK 1.5-2 billion kroner (US$200- 250 million). Work starts this month, with final deliveries scheduled for 2020.

"We look forward to working with Statoil on these fields, which are key to further developing Norway as a major gas supplier. We expect to generate significant synergies by building on our work on another major ongoing Statoil project, the delivery of the subsea production system for the Johan Castberg field in the Barents Sea,” said Aker Solutions chief executive officer Luis Araujo. "

Work on the two systems will involve facilities in Norway, Brazil, the UK and Malaysia. Initial deliveries are scheduled for the second quarter of 2019.

Source: Pipeline ME