2012-10-02 08:32:57 -
2 October 2012 - Aker Solutions has signed a contract with Dong Energy to
provide well intervention services for the oil company's assets offshore Norway
Under the contract Aker Solutions will deliver electrical wireline logging
services and wireline tractor services at the oil and gas fields where Dong
Energy operates on the Danish and Norwegian continental shelves.
The contract is valid for two years plus an optional two-year extension (2+2).
Aker Solutions estimates that the contract will generate revenues of
approximately NOK 40 million annually.
Aker Solutions will manage the work from its well intervention service
facilities in Esbjerg, Denmark, and Stavanger, Norway.
"Dong Energy is an exciting company to support as its portfolio of operated
platforms offshore Norway and Denmark is rapidly growing. The Trym and Oselvar
fields offshore Norway came on-stream
earlier this year, and the Hejre and
Solsort developments on the Danish continental shelf is in the pipeline. We are
happy that Dong has renewed the trust in our services and look forward to
continue supporting them in increasing production and recovery rates from their
offshore wells," says Rolf Leknes, who heads up the Scandinavian well
intervention services operation in Aker Solutions.
Aker Solutions has provided well services to Dong Energy since 2005.
Well intervention services are carried out in an oil or gas well, with the
objective of maximising production and increasing the recovery rate of oil and
The contract is signed and booked as order intake in Q3 2012.
Aker Solutions' contract party is Aker Well Service AS.
For further information, please contact:
Endre Johansen, VP Corporate Communications, Aker Solutions. Tel:
+47 22 94 58 91, Mob: +47 416 10 605, E-mail: firstname.lastname@example.org
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39,
Mob: +47 911 37 194
For further information about sourcing and potential subcontracts for this
project, please visit www.akersolutions.com/suppliers
Aker Solutions provides oilfield products, systems and services for customers in
the oil and gas industry world-wide. The company's knowledge and technologies
span from reservoir to production and through the life of a field.
Aker Solutions brings together engineering and technologies for oil and gas
drilling, field development and production. The company employs approximately
25 000 people in more than 30 countries. They apply the knowledge and create and
use technologies that deliver their customers' solutions.
Aker Solutions ASA is the parent company in the group, which consists of a
number of separate legal entities. Aker Solutions is used as the common brand
and trademark for most of these entities. In 2011 Aker Solutions had aggregated
annual revenues of approximately NOK 36.5 billion. The company is listed on the
Oslo Stock Exchange.
This press release may include forward-looking information or statements and is
subject to our disclaimer, see www.akersolutions.com.
This announcement is distributed by Thomson Reuters on behalf of
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Source: Aker Solutions ASA via Thomson Reuters ONE