Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Aker Solutions Regulatory Filings 2023

May 19, 2023

3531_rns_2023-05-19_79508593-0eb6-4b06-80a5-5693dd745626.html

Regulatory Filings

Open in viewer

Opens in your device viewer

Aker Solutions wins umbilicals contract for ExxonMobil's Uaru Project in Guyana

Aker Solutions wins umbilicals contract for ExxonMobil's Uaru Project in Guyana

May 19, 2023 - Aker Solutions has been awarded a sizeable [1] contract from

ExxonMobil to provide dynamic and static subsea umbilical for the Uaru project

in Guyana.

The contract includes delivery of three dynamic and seven static umbilicals

totaling over 52 kilometers in length. Project execution, engineering, and

manufacturing will take place at the Aker Solutions facility in Mobile, Alabama.

The work will begin immediately, and delivery is planned for the first quarter

of 2026.

The Uaru field is part of ExxonMobil's Starbroek project in Guayna and is

expected to add approximately 250,000 barrels of daily capacity after targeted

start-up in 2026.

"We are excited by the award of the Uaru umbilical system, and to continue our

relationship with ExxonMobil in Guyana, following the previous awards of the

Payara and Yellowtail umbilical. These projects constitute an important

portfolio of work in one of the most exciting basins in the world," said Maria

Peralta, executive vice president and head of Aker Solutions' subsea business.

The contract will be booked as order intake in the Subsea segment for the second

quarter of 2023.

1) Aker Solutions defines a sizeable contract as between NOK 0.5 billion and NOK

1.5 billion.

ENDS

Media Contact:

Torbjørn Andersen, mob: +47 928 85 542, email:

[email protected]

Investor Contact:

Preben Ørbeck, mob: +47 470 10 611, 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