Aker Solutions ASA secured a two-year option agreement extension valued at NOK 3 billion from Statoil ASA to provide maintenance and modifications work offshore Norway. The option is part of a 2010 framework agreement to provide maintenance…
Statoil awarded Aker Solutions a 10-year framework contract worth approximately US$105.8 million (NOK 650 million) for the North Sea Johan Sverdrup field. The first call-off is the front-end engineering design (FEED) work of the field center…
Finnish government-owned investment company, Finnish Industry Investment Ltd, has acquired a 66.4% stake in Aker Arctic Technology Oy (Aker Arctic) from STX Finland Oy. Aker Arctic is a leading company in Arctic marine logistics and offshore solutions…
FES International has been awarded a £598,000 contract to supply four high-pressure fluid swivels for Total's subsea Moho Nord project in Congo, West Africa. The Moho Nord project is to develop major discoveries, Marine 2 and 3, in the upper north of the Moho Bilondo license…
EQT VI has entered into an agreement to acquire Oslo-listed Aker Solutions ASA’s Well Intervention Services Business for an enterprise value of NOK 4 billion. “The acquisition has come to fruition through close cooperation with Aker Solutions…
Fincantieri has signed an agreement with a Russian research centre to define plans for a new drillship able to navigate in ice up to 1.5m thick. The Italian ship building firm has also won a contract with Russia's RosRAO, to build a semisubmersible…
Aker Solutions has secured a three year contract for the first phase of decommissioning the Murchison platform in the North Sea, operated by CNR International (UK). Aker Solutions will manage the engineering design, procurement and offshore…
CGG surveys GOM for Pemex CGG has been selected to carry out a large high-end seismic acquisition survey in the Gulf of Mexico on behalf of Pemex. The survey, in Mexican waters, is phase 5 in Pemex’s Centauro program, the largest ever…
Through its development in the gaming and defense sectors, gaming technology is being adopted by various industries, including oil and gas. Elaine Maslin reports. The gaming industry has become big business - bigger than the movie business…
Cargotec's MacGregor has entered into an agreement to acquire Aker Solutions' mooring and loading systems unit for an enterprise value of approximately EUR180 million. The unit, known by the Pusnes brand name, provides mooring equipment…
Aker Solutions acquired Glasgow, Scotland-based International Design Engineering And Services Ltd. (I.D.E.A.S.), an engineering company that has developed software and technology to improve the quality and accuracy of integrity and life time analysis for oil and gas assets…
Issues can develop in a producing well that can negatively affect operations, production, and ultimately, revenue generated. Oilfield services provider Aker Solutions has recently completed trials of a new well intervention system designed to track coiled tubing operations in real time…
Glasgow, Scotland-based I.D.E.A.S. has developed software and technology that improves the quality and accuracy of integrity and life time analysis for oil and gas assets. The analysis can be applied in all phases of the development of an installation…
Lakach is PEMEX’s first deepwater project, with gas production due to start in 2016. It will meet dual strategic goals of expanding PEMEX expertise in DW development, and meet internal demand for natural gas. “Lakach is a very good exercise for us…
Norway’s Statoil has awarded Aker Solutions a NOK250 million contract to carry out an extended concept study for a floating production system for the Johan Castberg oilfield development in the Barents Sea. The Johan Castberg field, in PL 532…
Subscribe
