Aker wins mega Zohr Gas Field contract

expat network

Aker wins mega Zohr Gas Field contract

Aker Solutions has won a contract to deliver its longest-ever umbilicals system at the Zohr offshore gas field in the Egyptian part of the Mediterranean Sea.

The agreement with Petrobel in Egypt is worth more than NOK 1 billion and will be booked in the second quarter. It stipulates the delivery of 180 kilometers of steel tube umbilicals that will connect the Zohr subsea development to an offshore control platform. Petrobel, a joint venture between The Egyptian General Petroleum Corporation (EGPC) and Eni, is responsible for the development and operations at Zohr.

“Aker Solutions is building on its previous experience offshore Egypt to now deliver its largest-ever umbilicals project,” said Luis Araujo, chief executive officer of Aker Solutions. “We are very pleased to support Petrobel and Egypt on this important development.”

The work will be led by Aker Solutions’ subsea division in Oslo and manufacturing will start immediately at the umbilicals plant in Moss, Norway.

The company has invested substantially in the Moss facility over the past years. The plant has more than 20 years of experience in making the most advanced and complex umbilical systems, which are used to transport data, power and liquids between oil and gas installations on the seafloor and facilities onshore or on platforms.

The umbilicals system will be delivered by mid-April 2017.

About Aker Solutions:

Aker Solutions is a global provider of products, systems and services to the oil and gas industry. Its engineering, design and technology bring discoveries into production and maximize recovery. The company employs approximately 15,000 people in about 20 countries.

Source: www.akersolutions.com

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.