AI assistant
Aker Solutions — Regulatory Filings 2021
Nov 18, 2021
3531_iss_2021-11-18_17c84125-3d3d-4bc4-86db-f5820bc40847.html
Regulatory Filings
Open in viewerOpens in your device viewer
Aker Solutions to Provide Subsea Production System for Mero 4 Project in Brazil
Aker Solutions to Provide Subsea Production System for Mero 4 Project in Brazil
November 18, 2021 - Aker Solutions has been awarded a substantial[1] contract by
Petrobras to provide a subsea production system and related services for the
Mero 4 project offshore Brazil. This is the fourth consecutive production system
for the Mero field development, one of the largest oil discoveries in Brazil's
pre-salt area.
The company will deliver a subsea production system consisting of up to 13
vertical subsea trees designed for Brazil's pre-salt, including subsea
distribution units, subsea control modules and master control station for
control systems and topside, and related tie-in equipment.
Aker Solutions' subsea manufacturing facility in São José dos Pinhais, and its
subsea services base in Rio das Ostras, will carry out the main part of the
work. The work starts immediately, with installation scheduled to take place
between 2023 and 2025.
"We are pleased to be awarded another subsea production system contract by the
Libra Consortium, which reinforces the long-standing relationship between
Petrobras and Aker Solutions. By executing and delivering this new important
project, we are looking forward to supporting Petrobras's ambition in the pre
-salt region and contributing to the development of Brazil," said Maria Peralta,
executive vice president and head of Aker Solutions' subsea business.
"Aker Solutions has been present in Brazil for more than four decades and we are
committed to continue delivering our services to help Petrobras maximize the
potential for their fields in the most safe, efficient and sustainable manner
possible," said Peralta.
About the Project
The Mero field is an ultra-deepwater pre-salt field development. It is located
at the northwestern area of the Libra block in the Santos Basin, about 180
kilometers south of Rio de Janeiro, offshore Brazil.
Mero field is under a Production Sharing Agreement to a Consortium comprised of
Petrobras as the Operator (40%), in a partnership with Shell Brasil (20%),
TotalEnergies (20%), CNOOC Limited (10%) and CNODC (10%). The Consortium also
has the participation of the state-owned company Pré-Sal Petróleo SA (PPSA), as
the manager of the Production Sharing Contract.
The contract will be booked as order intake in the fourth quarter of 2021 in the
Subsea segment.
[1]Aker Solutions defines a substantial contract as being between NOK 700
million and NOK 1.2 billion.
ENDS
Media Contact:
Torbjørn Andersen, mob: +47 928 85 542, email:
Investor Contact:
Fredrik Berge, mob: +47 450 32 090, email: [email protected]
Aker Solutions delivers integrated solutions, products and services to the
global energy industry. We enable low-carbon oil and gas production and develop
renewable solutions to meet future energy needs. By combining innovative digital
solutions and predictable project execution we accelerate the transition to
sustainable energy production. Aker Solutions employs approximately 15,000
people in more than 20 countries.
Visit akersolutions.com and connect with us on
Facebook (https://www.facebook.com/AkerSolutions/),
Instagram (https://instagram.com/akersolutions/),
LinkedIn (https://www.linkedin.com/company/aker-solutions),
Twitter (https://twitter.com/akersolutions) and
YouTube (https://www.youtube.com/akersolutions).
This press release may include forward-looking information or statements and is
subject to our disclaimer, see https://akersolutions.com
This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to Section 5-12 the Norwegian Securities Trading Act.
This stock exchange release was published by Lars Kulsrud, Senior Manager,
Communications, Aker Solutions, on November 18, 2021 at 09:00 CET.