Aker Solutions' maintenance, modifications and operations (MMO) business in Norway secured two contracts for 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.
The contract value depends on how much maintenance and modifications work is undertaken over the next five years and could range between US$115-345 million (NOK 1-3 billion) in that period.
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.
Work on both contracts will be managed and executed by Aker Solutions' MMO unit in Stavanger and fabrication yard in Egersund.
Image of Ekofisk, from ConocoPhillips.
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