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Aker Solutions — Regulatory Filings 2015
Nov 26, 2015
3531_iss_2015-11-26_925fbe3a-16d8-4f3b-a8ee-67ec7ad156f9.html
Regulatory Filings
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Aker Solutions Wins Maintenance and Modifications Contract From BP in Norway
Aker Solutions Wins Maintenance and Modifications Contract From BP in Norway
November 26, 2015 - Aker Solutions won a framework agreement to provide
maintenance and modifications services at BP-operated oil and gas fields
offshore Norway.
The contract has a fixed period of five years valued at as much as NOK 3.2
billion. It also contains options to extend the agreement by as many as four
years. The accord starts on December 1, 2015 on expiration of an existing
agreement for similar services.
"This contract was won in stiff international and national competition and will
help secure jobs on the west coast of Norway as well as provide crucial support
for our development of operations further north," said Per Harald Kongelf, head
of Aker Solutions in Norway. "We're very pleased to continue our strong
partnership with BP on the Norwegian shelf."
The agreement is for work on the North Sea fields Ula, Tambar, Hod and Valhall
as well as the Skarv deposit in the Norwegian Sea. The work will be managed and
executed by Aker Solutions' maintenance, modifications and operations units in
Stavanger and Sandnessjøen and at the company's fabrication yard in Egersund.
"Aker Solutions is a very experienced and capable supplier that has over many
years had large and demanding deliveries to BP both in development projects and
in the production phase," said Eldar Larsen, vice president of operations for BP
in Norway. "The company has shown great flexibility and willingness to develop
and use local businesses, which is especially important for activity in
Sandnessjøen."
Aker Solutions has worked with BP in Norway for more than twenty years and
signed the first long-term framework agreement contract of this type with the
company in 1999.
"We look forward to continuing the constructive relationship we've developed
over the years with BP as we work together to find the most cost-effective
solutions for these fields," said Knut Sandvik, head of Aker Solutions'
maintenance, modifications and operations business.
ENDS
For further information, please contact:
Media:
Bunny Nooryani, Chief Communications Officer, Aker Solutions. Tel:
+47 67 59 42 71, Mob: +47 480 27 575, E-mail: [email protected]
Anne Cecilie Lund-Andersen, Media Relations Manager, Aker Solutions. Tel:
+47 22 94 74 52, Mob: +47 99 62 12 13, E-mail: anne.cecilie.lund-
Investors:
David Phillips, Head of Industry & Investor Relations, Aker Solutions. Tel:
+44 208 811 7111, Mob: +44 7788 338 887, E-mail:
Lasse Torkildsen, Senior Advisor, Aker Solutions. Tel: +47 67 51 30 39, Mob:
+47 911 37 194, E-mail: [email protected]
Suppliers:
For further information about sourcing and potential subcontracts for this
project, please visit www.akersolutions.com/suppliers
Career opportunities:
Visit http://www.akersolutions.com/careers
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 16,000
people in about 20 countries. Go to www.akersolutions.com for more information
on our business, people and values.
This press release may include forward-looking information or statements and is
subject to our disclaimer, see www.akersolutions.com.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
[HUG#1969466]