Sandvik to Supply OCTG for ADNOC
Sandvik, a developer and producer of advanced stainless steels, special alloys, titanium and other high-performance materials, said it has entered into a long-term agreement with Tenaris to supply Oil Country Tubular Goods (OCTG) following its award from the Abu Dhabi National Oil Company (ADNOC) in August 2019.ADNOC has awarded Tenaris a long-term contract for the provision of tubulars and Rig Direct services over the next five years, with the possibility of a two-year extension.
Hammerfest LNG Ships 1000th LNG Cargo
Norwegian energy company Equinor reached a milestone at its Hammerfest LNG facility on Melkøya Island, “the Snøhvit plant”, by loading the 1000th cargo of the chilled fuel.The cargo consists of 140 500 cubic metres of liquefied natural gas (LNG). Total sales value of all the LNG cargos since the field came on stream is in the range of NOK 130-150 billion. In addition, we have the value of…
Point Resources Extends Contract with Aker Solutions
Point Resources has executed the remaining part of the option for the maintenance and modifications contract with Aker Solutions.The EPC O&M contract between Point Resources and Aker Solutions was first signed in June 2012, covering the Jotun A, Jotun B, Balder and Ringhorne operating facilities in the North Sea. The contract extension starts at year-end and runs until June 2022.Knut Sandvik…
Aker Solutions Bags Work On Johan Sverdrup Offshore Norway
Aker Solutions has, in collaboration with Kvaerner, secured additional hook-up and commissioning work for Equinor's Johan Sverdrup field offshore Norway.Equinor has exercised an option in the Johan Sverdrup Riser platform hook-up contract awarded in January 2017 for Aker Solutions to perform hook-up and commissioning assistance of the field's utility and living quarter platform, as well as…
Maritime Decarbonization: The Path Starts in Norway
Breaking new ground: the all-electric, zero-emissions Future of The FjordsNorwegian cruise vessel offers amazing tourist experience while protecting fragile UNESCO World Heritage environmentFuture of the Fjords, the world’s first all-electric and completely emissions-free ship, launched in April this year by Norwegian tours operator The Fjords, is now operating as a cruise vessel on the spectacular Gudvangen to Flåm route along the Nærøyfjord…
Mining Service Sector Outpaces Oil Peers
Miners' quest for technology adds to order books. Companies supplying miners with equipment and services have performed better than their oil sector peers, buoyed by spending on new technology and expectations the demand outlook for other minerals is more bullish than for fuel. The index of mining services companies, such as Atlas Copco , Sandvik and Metso, has risen more than 50 percent over the last 12 months.
Aker Solutions Secures Work for Njord A Upgrade
Aker Solutions will provide design engineering for the upgrading of the semi-submersible Njord A platform in Norway. The company will as a subcontractor of Kvaerner take part in upgrading the platform after operator Statoil exercised an option in an agreement awarded in April 2016. The option is for work in the engineering, procurement and construction phase of the project. Aker Solutions'…
Aker Wins Hook-Up Deal for Johan Sverdrup Field
Aker Solutions won a contract from Statoil for the hook-up of the riser platform for the Johan Sverdrup field, Norway's largest offshore development in the past three decades. The company will work closely with subcontractor Kvaerner on joining together the platform's seven modules, which will be transported to Norway in the second quarter of 2018. The scope also covers planning, management and prefabrication.
Aker Solutions to Build Johan Sverdrup Pipeline Receiving Facility
Aker Solutions won a contract from Statoil to build the pipeline facilities, modifications and tie-ins needed at the Mongstad terminal to receive oil from the North Sea Johan Sverdrup field. The contract, valued at about NOK 350 million, is for engineering, procurement, construction and installation services. The work will be completed in 2019. "We are pleased to work with Statoil in laying yet another one of the key building blocks for the major Johan Sverdrup development…
Aker Solutions Wins Troll B Modifications Contract
Aker Solutions secured a contract from Statoil to deliver a compression module for the Troll field in the North Sea to help boost output at one of Norway's key offshore fields. The contract is valued at NOK 370 million and is an option in a front end engineering and design (FEED) agreement awarded to Aker Solutions in January. The scope is for engineering, procurement, construction and installation (EPCI) to boost the gas treatment capacity at Troll B to increase oil recovery.
Aker Solutions Shuffles Leadership Team
Aker Solutions is introducing a new executive management structure effective November 1, 2016, with the aim to drive further standardization and boost companywide cost-efficiency by at least 30 percent by the end of 2017. The new organization will have five delivery centers: customer management, front end, products, projects and services. As part of the plan, Dean Watson has been named chief operating officer.
Aker Solutions Secures North Sea Tie-in Work
Norway’s Aker Solutions said it has secured work to tie-in the Utgard Field to the Sleipner Area. The work, valued at about NOK 500 million, is for platform modifications at Sleipner to tie in the Utgard subsea field. Aker Solutions in April won a contract for preliminary engineering work to enable the tie-in. The contract included an option for EPCIC work which Statoil has now chosen to exercise.
Aker wins Statoil Contracts
Aker Solutions' maintenance, modifications and operations (MMO) business in Norway secured a contract from Statoil for preliminary engineering work to enable a tie-in of the Utgard gas and condensate field to the Sleipner facilities in the North Sea. The work involves preliminary engineering for platform modifications at Sleipner to tie in the Utgard subsea field. Statoil may also exercise an option in the contract for engineering…
Aker Solutions Bags BP's Norwegian Contract
Aker Solutions won a framework agreement to provide maintenance and modifications services at BP-operated oil and gas fields offshore Norway. The contract has a fixed period of five years valued at as much as NOK 3.2 billion. It also contains options to extend the agreement by as many as four years. The accord starts on December 1, 2015 on expiration of an existing agreement for similar services.
Sandvik to Present at NACE CORROSION 2015
Global technology engineering group Sandvik will present corrosion resistant alloys, including its new Sandvik SAF 3207 (UNS S33207) hyper-duplex stainless steel at NACE CORROSION 2015, the company announced today. NACE CORROSION 2015, the world's largest corrosion conference and exhibition, will take place in Dallas, Texas, between March 15-19, at the Kay Bailey Hutchinson Convention Center.
Nautilus Minerals Completes Assembly of Bulk Cutter
Nautilus Minerals Inc. (TSX:NUS, OTCQX: NUSMF) announced that assembly of the Bulk Cutter (BC), which is the first of the Seafloor Production Tools (SPTs), has been completed. Nautilus' CEO, Mike Johnston said "This is a major milestone for the Company, having the first of the three SPTs assembled. Subsea vehicle designer and manufacturer, Soil Machine Dynamics Ltd (SMD) of Newcastle upon Tyne, UK, is the company responsible for building the SPTs for Nautilus.
