Aker Solutions Awarded Drilling Upgrade Contract on the Oseberg B Platform

StatoilHydro has awarded Aker Solutions an engineering, procurement, construction and installation (EPCI) contract for upgrading the drilling facilities on the Oseberg B platform. The project is expected to extend the productive lifetime of Oseberg B. Contract value is estimated to be approximately NOK 1 300 million.

The contract covers upgrades of all drilling systems for wells of up to 9000 metres, delivering increased drilling regularity. Scope of work includes prefabrication and offshore installation of equipment and prefabricated items, and offshore completion and commissioning.

In Norway the project will utilise Aker Solutions' drilling equipment business unit in Kristiansand together with the company's centre of maintenance and modification expertise based in Bergen. Prefabrication will take place in Egersund. Work under the contract will start immediately and be completed in April 2013.

The contract party is Aker Solutions' subsidiary Aker Offshore Partner AS.

Posted 20/03/09

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