Aker Solutions Clinches ConocoPhillips MMO Deal in Norway

Aker Solutions’ maintenance, modifications and operations (MMO) business in Norway secured two contracts for work at North Sea fields operated by ConocoPhillips.

The company received a framework agreement for a fixed period of five years to become ConocoPhillips’ main supplier of maintenance and modifications work offshore Norway.

The agreement may be extended by up to three years and covers work on all installations at the Ekofisk and Eldfisk fields offshore Norway, starting in February.

According to Aker Solutions, the contract value depends on how much maintenance and modifications work is undertaken over the next five years and could range between NOK 1 billion and NOK 3 billion in that period. The range neither represents a minimum nor a maximum amount but serves to illustrate a realistic, yet uncertain range.

Aker Solutions was also one of three companies awarded a contract to compete for work on large, complex modifications projects at these fields. This contract has the same fixed period and option as the framework agreement.

“We’re very pleased to secure these two major agreements with ConocoPhillips, which build on the strengths of our operations in Norway and our expertise in complex modifications,” said Luis Araujo, chief executive officer of Aker Solutions.

Work on both contracts will be managed and executed by Aker Solutions’ MMO unit in Stavanger and fabrication yard in Egersund. The agreements will also provide work for offshore employees.

“The Ekofisk and Eldfisk installations comprise one of the largest maintenance and modifications portfolios offshore Norway and these contracts will help secure jobs in key parts of our Norwegian MMO business,” said Per Harald Kongelf, head of Aker Solutions’ Norwegian operations.

Share this article

Follow Subsea World News


<< Mar 2018 >>
26 27 28 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

The Offshore Technology Conference (OTC) 2018

The Offshore Technology Conference (OTC) is where energy professionals meet to exchange ideas and opinions to advance scientific…

read more >

OTC Asia 2018

The biennial OTC Asia is where energy professionals meet to exchange ideas and opinions to advance scientific and technical knowledge…

read more >

NAPEC 2018

North Africa Petroleum Exhibition and Conference – NAPEC is the largest oil and gas exhibition & conference in Africa focusing on the north Africa Market…

read more >

Pipeline Energy Expo 2018

The conference will offer prime opportunities for pipeline professionals to learn, network, and seek innovative solutions and products…

read more >