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Aker Solutions — Regulatory Filings 2018
Oct 5, 2018
3531_iss_2018-10-05_dd4102e9-3ebc-4d1d-be46-30c3ec0e163a.html
Regulatory Filings
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Aker Solutions Wins Subsea Order for Libra's Mero Field Offshore Brazil
Aker Solutions Wins Subsea Order for Libra's Mero Field Offshore Brazil
October 5, 2018 - Aker Solutions has signed a contract with Petrobras to provide
a subsea production system and related services for the Mero 1 project within
the Mero field development, one of the largest oil discoveries in Brazil's pre-
salt area.
The subsea production system will consist of 12 vertical subsea trees designed
for Brazil's pre-salt, four subsea distribution units, three topside master
control stations for the Mero 1 Guanabara FPSO and spare parts. The order also
includes installation and commissioning support services.
"We're pleased to become a key supplier to Petrobras and its partners for the
first full production project of this major development," said Luis Araujo,
chief executive officer of Aker Solutions. "We have an extensive local workforce
and over 40 years' experience in Brazil and look forward to continuing to play
an important role in the development of the country's pre-salt resources," he
added.
Aker Solutions' subsea manufacturing facility in São José dos Pinhais and its
subsea services base in Rio das Ostras will carry out the work.
The work has already started and deliveries are scheduled for 2020.
Installations are scheduled between 2020 and 2023.
The subsea production system will be hooked up to the first full-scale floating
production, storage and offloading (FPSO) vessel for Mero, known as the
Guanabara FPSO. The FPSO is scheduled to come on stream in 2021 and will have
capacity to process up to 180,000 barrels of oil a day and 12 million cubic
meters of gas a day.
The ultra-deepwater Mero field is located in the northwestern area of the
original Libra block, which is about 180 kilometers south of Rio de Janeiro.
First oil was produced in November last year.
Petrobras is the operator of the consortium developing the Libra area. Shell,
Total, CNPC and CNOOC Limited are partners. Pre-Sal Petróleo S.A (PPSA) manages
the Production Sharing Contract.
The companies are not disclosing the value of the contract. The order will be
booked in the third quarter of 2018.
ENDS
Media Contact:
Tor Odland, tel: +47 22 94 60 80, mob: +47 990 90 872, e-mail:
Media Contact Brazil:
Daniele Rivera, tel: +55 21993480110, e-mail: [email protected]
Investor Contact:
Fredrik Berge, tel: +47 22 94 62 19, mob: +47 450 32 090, e-mail:
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 14,000
people in about 20 countries. Go to http://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 http://akersolutions.com
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.