Aker Solutions Wins Troll B Modifications Contract

Aker Solutions secured a contract from Statoil to deliver a compression module for the Troll field in the North Sea to help boost output at one of Norway’s key offshore fields.

The contract is valued at NOK 370 million and is an option in a front end engineering and design (FEED) agreement awarded to Aker Solutions in January. The scope is for engineering, procurement, construction and installation (EPCI) to boost the gas treatment capacity at Troll B to increase oil recovery. Aker Solutions has worked closely with the customer to find cost-efficient solutions.

“This project has targeted key cost savings to create the sustainability the industry depends on and is looking for during these challenging times,” said Knut Sandvik, head of Aker Solutions’ maintenance, modifications and operations business.

The engineering work will be carried out by Aker Solutions in Bergen and module construction will start at the company’s yard in Egersund in 2017. The module will be delivered in the third quarter of 2018.

The contract will be booked as part of Aker Solutions’ third-quarter order intake.

Aker Solutions, Det norske and Subsea 7 Form Development Alliance in Norway

Aker Solutions, Det norske oljeselskap and Subsea 7 agreed on a “one for all, all for one” collaboration model that marks a major shift in how an operator and its suppliers can work together on oil and gas developments offshore Norway.

The alliance combines Det norske’s exploration and production know-how with Aker Solutions’ expertise in front end engineering, brownfield modifications and subsea systems and Subsea 7’s capabilities in the engineering, procurement, installation and commissioning of subsea umbilicals, risers and flowlines (SURF).

It will enable the operator and suppliers to work as one integrated team to find the most cost-effective solutions for developing Det norske’s Norwegian subsea field portfolio. Before now, field developments have typically been managed on a project-by-project basis that curtails reuse of technology and solutions.

Source:  www.akersolutions.com