Aker Solutions secured a contract from Daewoo Shipbuilding and Marine Engineering to provide engineering, construction and commissioning services for the hookup phase of the Mariner oilfield development in the U.K. North Sea.
The agreement is worth more than GBP 120 million ($188 million). It comes in addition to a five-year maintenance and modifications services contract awarded in June by Statoil for the Mariner Field, which is set to start production in 2017.
The work will be managed by Aker Solutions' U.K. MMO unit through an integrated construction and completions organization with Daewoo and Statoil.
Separately, Aker Solutions' Norwegian MMO unit secured a two-year contract extension worth NOK 360 million ($49 million) for asset integrity management work at 11 offshore and three onshore locations in Norway. The extension is part of a four-year contract awarded in October 2010 by Statoil.
Recommended Reading
DOE Considers Technip, LanzaTech For $200MM ‘Breakthrough’ Technology Award
2024-03-25 - The U.S. Department of Energy funding will be used to develop technology that turns CO2 into sustainable ethylene.
Energy Transition in Motion (Week of March 22, 2024)
2024-03-22 - Here is a look at some of this week’s renewable energy news, including a new modeling tool for superhot rock.
EQT’s Toby Rice: US NatGas is a Global ‘Decarbonizing Force’
2024-03-21 - The shale revolution has unlocked an amazing resource but it is far from reaching full potential as a lot more opportunities exist, EQT Corp. President and CEO Toby Rice said in a plenary session during CERAWeek by S&P Global.
Investors: Energy Transition is on Policy-driven Life Support
2024-03-20 - Injecting private capital into the energy transition is worrisome because some projects couldn’t survive without government incentives, panelists said at CERAWeek by S&P Global.