Aker wins trio of umbilicals contracts for Statoil projects

expat network

Aker wins trio of umbilicals contracts for Statoil projects

Aker Solutions won a contract to provide umbilicals for the Statoil-operated Johan Sverdrup, Utgard and Bauge developments offshore Norway.

The order entails delivery of more than 40 kilometers in total of subsea umbilicals. It will be booked in the fourth quarter.

“By combining the delivery for three separate projects into one order, we are able to boost efficiency and reduce costs for the customer,” said Luis Araujo, Aker Solutions’ chief executive officer. “We look forward to working with Statoil on these important oil and gas developments.”

Manufacturing will take place at Aker Solutions’ umbilicals plant in Moss, Norway.

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 14,000 people in about 20 countries. Go to http://akersolutions.com for more information on our business, people and values.

They have 14,000 employees in about 20 countries around the world that embrace innovation and collaboration in a drive to create a sustainable future. We put safety and operational excellence first. We strive for honesty and integrity in all that we do.

We provide subsea production equipment and offshore field design, ranging from concept studies and front-end engineering to subsea production systems. We carry out maintenance and modifications work and provide services during operations as well as deliver solutions to extend the lifetime of oil and gas fields.

Aker Solutions helps unlock resources in the deepest waters and harshest climates imaginable around the world as we also work with producers to minimize the environmental impact. Wherever we are in world, we make sure to instill our high standards of safety and integrity in staff and suppliers.

Aker Solutions ASA is listed on the Oslo Stock Exchange as the parent company for a number of separate legal entities, most operating under the Aker Solutions name. The company generated 25.6 billion kroner in revenue in 2016.

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.