Scope of work includes a six kilometre long control
umbilical, connectors, engineering and project management.
"We are very pleased to be awarded another contract on
the Norwegian continental shelf and look forward to
supporting Subsea 7 with this Statoil fast-track
project," says Tove Røskaft, executive vice president
of Aker Solutions' umbilical business.
Management, engineering and procurement of the umbilical
will be performed at Aker Solutions' headquarters in
Fornebu, Norway. Manufacturing will take place in Moss,
Svalin is a fast-track oil field project located in the
middle part of the North Sea, about eight kilometres
southwest of the Grane field and 185 kilometres west of
Haugesund. The water depth is approximately 120 metres.
In December 2011, Statoil awarded Aker Solutions the
contract for engineering, procurement and construction of
the subsea production system for the Svalin project. The
contract value was approximately NOK 400 million.
Subsea umbilicals are deployed on the seabed to supply
necessary controls and chemicals to subsea oil and gas
wells, subsea manifolds and any subsea system requiring a
remote control. The Svalin umbilical will be delivered in
Aker Solutions' contract party is Aker Subsea AS.
For further information, please contact:
Severin Roald, Vice President Communications, Aker
Solutions. Tel: +47 22 94 55 23, Mob: +47 92 03 00 33,
Astrid Thommesen Sæbø, Vice President Investor Relations,
Aker Solutions. Tel: +47 22 94 63 37, Mob: +47 48 17 00 35,
For further information about sourcing and potential
subcontracts for this project, please visit www.akersolutions.com/suppliers
Aker Solutions provides oilfield products, systems and
services for customers in the oil and gas industry
world-wide. The company's knowledge and technologies
span from reservoir to production and through the life of a
Aker Solutions brings together engineering and technologies
for oil and gas drilling, field development and production.
The company employs approximately 23 500 people in more
than 30 countries. They apply the knowledge and create and
use technologies that deliver their customers'
Aker Solutions ASA is the parent company in the group,
which consists of a number of separate legal entities. Aker
Solutions is used as the common brand and trademark for
most of these entities. In 2011 Aker Solutions had
aggregated annual revenues of approximately NOK 36.5
billion. The company is listed on the Oslo Stock Exchange.
This press release may include forward-looking information
or statements and is subject to our disclaimer, see www.akersolutions.com.