Aker Solution News


SBM Offshore Banks New $1.1B Loan for Floating Production Solutions

Apr 11, 2025

Dutch FPSO leasing specialist SBM Offshore has signed a $1.1 billion unsecured Revolving Credit Facility (RCF) with a group of 13 international banks.The loan will be used to refinance its existing $1.0 billion RCF which was due to expire in February 2026…

Aker Solutions Introduces Three Floating Wind Foundation Designs

Apr 10, 2025

Aker Solutions has unveiled three floating wind foundation designs – the YFloat, CONFloat-Omega, and CONFloat-7C – engineered to maximize energy production, simplify construction and reduce maintenance.All three have passive ballast systems…

Trelleborg Launches Advanced Sealing System for Offshore Wind Foundations

Apr 09, 2025

Trelleborg Marine and Infrastructure has launched advanced sealing system, IRIS, for Airtight Platforms (ATP), which has the potential to improve offshore wind foundation designs.The new seal eliminates the need for welded steel landing rings…

Fugro, Spoor Join Forces for AI Bird Monitoring for Offshore Wind Farms

Apr 09, 2025

Fugro and Spoor, a software company that helps renewable energy projects reduce their environmental impact, have signed a memorandum of understanding (MOU) to develop a new bird-monitoring solution for offshore renewable energy projects.The…

UK Firm Nets Fire Safety Contract at Polish Offshore Wind Farms

Apr 07, 2025

Blaze Manufacturing Solutions, a provider of fire safety solutions, has been awarded significant contracts by IEMANTS to design, supply, and commission the fire alarm and extinguishing systems for the Baltyk 2 and 3 offshore substations.The contract encompasses the design…

VARD Snags $125M Shipbuilding Deal for Subsea Construction Vessel

Apr 03, 2025

VARD signed a contract with Taiwan's Dong Fang Offshore for the design and construction of one Offshore Subsea Construction Vessel, with option(s). The vessel is of VARD 3 39 design, and the value of the contract is $125 million. This is the third vessel VARD is building for DFO…

Aker BP, SLB, Stimwell Renew Alliance for Boosting Oil Production

Apr 03, 2025

Aker BP, together with SLB and Stimwell Services, has extended its well intervention and stimulation alliance agreement for another five years to further accelerate and boost oil production.Formed in 2019, the alliance has supported Aker BP’s operated assets in meeting production targets…

Petrofac Scoops $500M Worth of Contracts So Far in 2025

Apr 01, 2025

Oilfield services provider Petrofac, through its Asset Solutions division, has been awarded a collection of scope expansions and new contracts in the first quarter of 2025, totaling $500 million.The awards – which realize growth in Asset Solutions’ core markets and target growth geographies…

Aker Solutions Gets Onboard Northern Lights CCS Project’s Next Phase

Apr 01, 2025

Aker Solutions has been secured a multi-million-dollar contract for the Northern Lights Phase 2 project by Equinor as technical service provider on behalf of the Northern Lights joint venture.The contract award, valued between $142 million and $237 million…

Bardex Corporation, Gabriel Engineering Partner Up for Floating Wind Moorings

Mar 28, 2025

Bardex Corporation and Gabriel Engineering Group have signed a memorandum of understanding (MoU) to collaborate on anchor, mooring, and precision-component technologies for floating offshore wind.The partnership will investigate development of a U…

Wildcat Well in Norwegian Sea Fails to Deliver for Aker BP

Mar 27, 2025

Aker BP and its partners have completed drilling on the Kongeørn prospect in the Norwegian Sea without making a discovery as the wildcat well proved to be dry.Wildcat well 6507/2-8 is situated in production license 942, which was part of the Awards in predefined areas (APA) 2017…

Shell Selects McDermott for Engineering and Procurement Services

Mar 26, 2025

McDermott has been selected by Shell Global Solutions International for an Enterprise Framework Agreement (EFA) for engineering and procurement services and integrated project management team services (IPMT).The EFA has a duration of three years with two one-year optional extensions…

OMV Bites Dust at Horatio Well in North Sea

Mar 26, 2025

OMV and its partners have drilled a dry well on the Horatio prospect in the North Sea, using Transocean’s Transocean Norge semi-submersible rig.The well 35/6-6, dubbed Horatio, is located in production license 1109, operated by OMV with 30% working interest…

DNO Finds Oil and Gas in Northern North Sea

Mar 26, 2025

Norwegian oil and gas operator DNO has made an important oil and gas discovery in Northern North Sea license PL1182 S, using Odfjell Drilling’s Deepsea Yantai semi-submersible rig.The discovery was made in Paleocene injectite sandstones of excellent…

Prysmian’s New CLVs Get Miros’ Wave Monitoring Tech

Mar 25, 2025

Miros has extended its agreement with Prysmian for the supply of wave monitoring systems, which have been installed on Prysmian Monna Lisa and Prysmian Marco Polo cable laying vessels (CLVs).Both vessels have been fitted with Miros’ WaveSystem…

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