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ConocoPhillips Awards Aker Solutions Subsea Contract Offshore Norway

ConocoPhillips Awards Aker Solutions Subsea Contract Offshore Norway

 

Aker Solutions has won a large contract from ConocoPhillips to provide a subsea production system for the Eldfisk North development offshore Norway, the company said on March 25. The field will be developed as a subsea satellite, tied back to the Eldfisk Complex.

The scope covers a complete subsea production system including 13 standardized vertical subsea trees, wellheads, control systems, three six-slot templates with integrated manifolds, and associated services. Work starts immediately and will involve Aker Solutions’ facilities in Brazil, Malaysia, Norway and the U.K. Final deliveries are scheduled for 2024.

“We look forward to continue our long-standing relationship with ConocoPhillips in Norway and to further develop the Eldfisk field,” Maria Peralta, executive vice president of Aker Solutions’ subsea business.

In October 2020, Aker Solutions was awarded a contract by ConocoPhillips to provide the subsea production system for the Tommeliten Alpha development.

Eldfisk is an oilfield discovered in 1970 located south of the Ekofisk field in the Norwegian North Sea. It is the second largest of three producing fields in the Greater Ekofisk Area, and one of the largest on the Norwegian continental shelf. The water depth is 70 m with the reservoir located at depths of about 2,500 m to 3,000 m below the seafloor.

The award will be booked as order intake in the first quarter of 2021 in the subsea segment.

The project development is subject to a final investment decision by the license partners and regulatory approval by Norwegian authorities.

Aker Solutions defines a large contract as being between NOK 1.2 billion (US$139 million) and NOK 2.0 billion.

Source: HartEnergy

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Published: 26-03-2021

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