Norway: Aker Solutions to Provide Well Services for Statoil in North Sea

Aker Solutions has been awarded two contracts from Island Offshore to provide well intervention services for Statoil in the North Sea.

Scope of work is to deliver downhole well intervention services from Island Offshore’s two riserless well intervention vessels Island Frontier and Island Wellserver. These operations include running of mechanical wireline, electrical wireline and wireline tractor services.

The two contracts are valid for five years plus two optional two-year extensions (5+2+2). They will run from 2015, when the current contracts expire.

Aker Solutions has provided downhole services from Island Frontier since 2006 and Island Wellserver since 2009.

Aker Solutions estimates that the two contracts in total will generate revenues between NOK 400 and 500 million during the firm five-year period.

“Through our cooperation with Island Offshore, Aker Solutions has become the world’s most experienced provider of downhole services through riserless light well intervention. To date we have together completed close to 200 interventions on subsea wells. We are thrilled to be able to continue our partnership with them,” says Wolfgang Puennel, head of well intervention services in Aker Solutions.

Well intervention services are carried out in an oil or gas well, with the objective of maximising production and increasing the recovery rate of oil and gas. Well intervention has traditionally been performed from fixed platforms. In more recent years, specially equipped ships have been developed to undertake the same type of service on subsea wells, where recovery rates have been much lower.

Aker Solutions’ contract party is Aker Well Service AS.

Subsea World News Staff , June 08, 2012;  Image: Statoil

Share this article

Follow Subsea World News

Events>

<< May 2017 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

IADC World Drilling 2017 Conference & Exhibition

This event showcases products like Cutting edge, drilling technology, well control, health, safety, environment, training and environment industry…

read more >

Decom Offshore 2017

Decom Offshore 2017 is expected to bring together a global audience of over 400 key representatives from the late life and decommissioning…

read more >

IMCA ROV SEMINAR

This seminar is designed to assist IMCA members in dealing with these, with a programme of technical and operational topics affecting…

read more >

Offshore Wind Energy 2017

In 2017, EWEA and RenewableUK will join forces to bring you the greatest conference and exhibition Europe has ever known in the history…

read more >