27 November 2008 - Aker Solutions has signed a contract with Subsea 7 to supply steel tube umbilicals for the Troll B gas development in the Norwegian Sea. Contract value is approximately NOK 100 million.
Aker Solutions will deliver approximately 7,5 kilometres of dynamic and static steel tube umbilicals to Subsea 7. The umbilicals will be manufactured and delivered out of Aker Solutions' facility in Moss, Norway. Delivery is scheduled for April 2010.
The umbilicals will connect StatoilHydro's Troll B platform to two subsea gas injection satelite wells located south of the platform.
"We enjoy a good working relationship with Subsea 7 and are pleased to supply umbilicals to them again," says Svein Haug, senior vice president for Umbilicals in Aker Solutions. "We remain the global market leader for steel tube umbilicals and contracts like these are recognition of that fact."
The Troll field is located on the Norwegian continental shelf, approximately 70 km northwest of Bergen, in water depths between 300 and 340 metres.
Contract party is Aker Subsea AS.
ENDS
For further information, please contact:
Media:
Endre Johansen, communications manager, Aker Solutions. Tel: +47 22 94 58 91, Mob: +47 416 10 605, E-mail: endre.johansen@akersolutions.com
Endre Johansen, communications manager, Aker Solutions. Tel: +47 22 94 58 91, Mob: +47 416 10 605, E-mail: endre.johansen@akersolutions.com
Investor relations:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39, Mob: +47 911 37 194
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39, Mob: +47 911 37 194
Suppliers:
For further information about sourcing and potential subcontracts for this project, please contact [BA Global Sourcing Champion, telephone number found here: http://www.akersolutions.com/Internet/SuppliersCentre/Contacts/SupplyManagementContacts.htm.
For further information about sourcing and potential subcontracts for this project, please contact [BA Global Sourcing Champion, telephone number found here: http://www.akersolutions.com/Internet/SuppliersCentre/Contacts/SupplyManagementContacts.htm.
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Aker Solutions ASA, through its subsidiaries and affiliates ("Aker Solutions"), is a leading global provider of engineering and construction services, technology products and integrated solutions. Aker Solutions' business serves several industries, including oil & gas, refining & chemicals, mining & metals and power generation. The Aker Solutions group is organised in a number of separate legal entities. Aker Solutions is used as the common brand/trademark for most of these entities.
Aker Solutions' parent company is Aker Solutions ASA. Aker Solutions has aggregated annual revenues of approximately NOK 58 billion and employs approximately 26 000 people in about 30 countries.
Aker Solutions is part of Aker (www.akerasa.com), a group of premier companies with a focus on energy, maritime and marine resource industries. The Aker companies share a common set of values and a long tradition of industrial innovation. As an industrial owner controlling 40.27 percent of the shares in Aker Solutions through Aker Holding AS, Aker ASA takes an active role in the development of Aker Solutions.
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