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Aker Kvaerner awarded BP contractAker Kvaerner's subsidiaries in Aberdeen is to play a significant role in the continuing development of BP's West of Shetland projects, after winning a major new subsea managed service contract. The three-year deal, worth up to GBP 15 million, will see Aker Kvaerner providing planning and operations support to BP's developments West of Shetland, including the Schiehallion, Foinaven and Loyal fields. The Aker Kvaerner subsidiaries Aker Kvaerner Offshore Partner Ltd and Kvaerner Oilfield Products Ltd. have been working in the area west of Shetland since 1995. he Schiehallion, Foinaven and Loyal fields are estimated to contain around 600 million barrels of recoverable oil. Due to the water depth in the area, Foinaven and Schiehallion are heavily reliant on subsea technology for unmanned intervention, as it is too deep for divers. Added to site on 10/09/03 |