Aker Solutions has won a contract to deliver three umbilicals and associated equipment at ENI's Coral South project, Mozambique's first offshore field development. The work scope includes three steel tube umbilicals that will total more…
If one thing is certain, it’s that oil prices fall, rise, and then fall again and that the dynamics driving prices are complex and will change faster than we might expect. Image from UTC Twitter…
Aker Solutions has agreed to acquire oil-services provider Reinertsen for nearly US$25million in a move to build on its position as a leading maintenance and modifications supplier offshore Norway. Image from Aker Solutions…
The Norwegian Petroleum Directorate (NPD) has signed framework agreements with 11 supplier firms representing various technology areas to ensure sufficient capacity to be an even better champion for developing new fields and improving recovery from producing fields…
The second phase of a joint industry project aiming to reduce subsea processing costs has been kicked off. Phase 2 of the Subsea Processing JIP includes system suppliers Aker Solutions, GE Oil & Gas, OneSubsea and TechnipFMC, as well as operators Shell…
Norwegian engineering firm Aker Solutions is to provide design engineering for Statoil's semisubmersible Njord A platform upgrade in Norway under sub-contract to Kvaerner, which in turn has a US$590 million engineering, procurement and construction contract on the job…
Aker Solutions secured a framework agreement for as many as 10 years from Aker BP to provide engineering and procurement services for new offshore field installations. The scope is for a range of fixed facilities from small wellhead platforms to complete oil and gas field centers…
In the technology maturity stakes, subsea separation could perhaps be described as one of the ugly sisters in the subsea processing world. But, perhaps Cinderella would be more appropriate. Elaine Maslin reports. Subsea infrastructure at Tordis…
Norwegian oilfield services company Beerenberg has won a hook-up contract with Aker Solutions worth US$23.4 million (NOK 200 million) plus options for two installations on the Johan Sverdrup field in the North Sea. Beerenberg’s scope of work will include scaffolding…
Aker Solutions has completed the acquisition of oil-services provider Reinertsen, building on its position as a leading maintenance and modifications supplier offshore Norway. The agreement to buy Reinertsen's Norwegian oil and gas services business…
Wood Mackenzie’s Caitlin Shaw provides perspective on the subsea market and how the industry will redefine a “good” year. An illustration of the Mad Dog Phase 2 development in the Gulf of Mexico…
Norwegian subsea industry focused group GCE Subsea has elected OneSubsea's Jon Arve Sværen as its chairman. Sværen is currently employed as VP Business Strategy Processing in OneSubsea. 'I am convinced that subsea technology has a bright future despite the current downturn in the industry…
Statoil and its partners have agreed to move forward with a US$5.92-6.51 billion second phase development of the giant Johan Sverdrup field offshore Norway at a sub-$30/bbl break even price. The cost is half that estimated, when Statoil…
Senior figures from Mexico’s national oil company Pemex have been discovering the secrets of the UK subsea sector’s success and how it has revolutionized the way in which hydrocarbons have been extracted from beneath the seabed during a fact-finding visit to Aberdeen…
German operator DEA has gained approval from Norway’s Ministry of Petroleum and Energy for the US$1.2 billion (NOK 10 billion) Dvalin development plan in the Norwegian Sea, with production set for 2020. Illustration of Dvalin…
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