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Aker Solutions Wins Two MMO Contracts for Åsgard A

Aker Solutions Wins Two MMO Contracts for Åsgard A

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25 January 2016

Aker Solutions won a front end engineering design (FEED) contract from Statoil for the Trestakk field tie-in to the Åsgard A production vessel in the Norwegian Sea. The company also secured a separate concept study order for a low well-pressure project at Åsgard A.

"We're very pleased to secure the orders for this major oil and gas field, which will help secure jobs in our MMO business in Norway," said Per Harald Kongelf, head of Aker Solutions' Norwegian operations. "We look forward to continuing our good cooperation with Statoil as we together seek to find the most robust and cost-effective solutions for these projects."

Work on both contracts will start at once and be carried out by Aker Solutions' Norwegian maintenance, modifications and operations (MMO) business. The concept study will look at ways to allow future production at Åsgard A at lower well pressures. The contract includes options for FEED and engineering, procurement, construction and installation (EPCI) services. The Trestakk agreement has an EPCI option.