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STEP Offshore to upgrade Awilco Drilling's Arctic II

Aker Solutions



STEP Offshore, a wholly-owned subsidiary of Aker Solutions, has won a contract from Awilco Drilling Limited to engineer and deliver mud mixing and solids control systems to the Arctic II rig. STEP Offshore estimates that the value of the work will be approximately NOK 12 million.

The contract involves major upgrades and additions to the mud mixing and solids control equipment, and will make the Arctic II capable of operating at the leading edge, both with regards to drilling efficiency and HSE.

"We are very proud to be awarded this contract by Awilco Drilling Limited," says Pål Eriksen, president of STEP Offshore. "It once again proves we are the preferred partner for critical drilling fluid management applications."

All the equipment deliveries and upgrade work will take place while the rig is going through major upgrades at Remontowa ship yard in Gdansk, Poland.

The project has started, and will be completed in Q1 2011.

Aker Solutions ASA, through its subsidiaries and affiliates ("Aker Solutions"), is a leading global provider of engineering and construction services, technology products and integrated solutions. Aker Solutions' business serves several industries, including oil & gas, refining & chemicals, mining & metals and power generation. The Aker Solutions group is organised in a number of separate legal entities. Aker Solutions is used as the common brand/trademark for most of these entities.

Aker Solutions' parent company is Aker Solutions ASA. Aker Solutions has aggregated annual revenues of approximately NOK54 billion and employs approximately 22 000 people in about 30 countries.

Aker Solutions is part of Aker (www.akerasa.com), a group of premier companies with a focus on energy, maritime and marine resource industries. The Aker companies share a common set of values and a long tradition of industrial innovation. As an industrial owner controlling 40.27 percent of the shares in Aker Solutions through Aker Holding AS, Aker ASA takes an active role in the development of Aker Solutions.

Published 27/10/2010

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