ONS: Aker leads contract winning pack

Aker Solutions, with a total of 51 contracts, is leading the field on contracts won on the UK Continental Shelf (UKS) and Norwegian Continental Shelf (NCS) over the past four years, according to the latest report from the Energy Industry Council (EIC).

The report, based on EICDataStream, the EIC’s global project database that tracks over 10,000 active and future projects worldwide, found Aker Solutions being closely followed by Technip (50) in terms of total contracts won in both regions (figure 1, right) but Aker Solutions remaining the clear leader on the NCS.

Figure 2 (below) shows how Aker Solutions is leading the way on the NCS with 40 secured contracts with Technip behind on 25 contracts. In terms of the relationship with operators and where these contracts are being secured, Statoil is the main customer awarding 24 contracts to Aker Solutions, 17 to FMC Technologies, 14 to Technip and 13 to Subsea 7. Nexans and Agility Group have also secured a number of contracts ) (eight each) with BP on the NCS.

When breaking the figures up according to EPC, FEED and Subsea/SURF contracts, Technip leads the way in EPC and Subsea/SURF contracts and Aker Solutions in FEED contracts. Other players worth noting include Wood Group who is the second most successful FEED contractor with 10 major contracts and FMC Technologies who is just behind Technip in terms of the number of Subsea/SURF contracts with 25 projects – many of them with Statoil.

Neil Golding, Head of Oil & Gas at the EIC, concludes: “In the UK and Norway, we have seen a reduction in the number of major contract awards placed during the last 12 months. In the case of Norway, the progress of new developments has also been strongly affected by an increase in taxes put forward by the Norwegian Government in 2013. However, the increase in discoveries made offshore Norway during 2013–14 will hopefully have a positive impact on contracting activity in the near future.“

To find out more about the EIC, please visit the UK Pavilion at ONS and the EIC stand – 980 in Hall J.