Norwegian oilfield equipment and technology provider Aker Solutions said Wednesday it has received a letter of intent (LOI) for a front-end engineering and design (FEED) contract from energy company Equinor for the floating production, storage…
Aker Solutions received a Letter of Intent (LOI) for a front-end engineering and design (FEED) contract from Equinor, for the FPSO for the Wisting field development in the Norwegian Barents Sea.Wisting is a greenfield development located in the Barents Sea…
Offshore energy industry service providers Aker Solutions, DeepOcean, and Solstad Offshore have formed Windstaller Alliance, focused on offshore wind services.'The new partnership aims to provide the world’s most cost-efficient and complete product supply…
Aker BP has awarded FEED contracts worth nearly NOK 700 million (~$81,2 million) to its alliance partners Aker Solutions, Siemens Energy, and Subsea 7, related to the field development of NOA Fulla in the southern part of the NOAKA area, offshore Norway…
Norwegian offshore vessel owner Solstad Offshore is continuing with divestments of non-core vessels and has now sold the Rem Provider platform supply vessel.The vessel, built in 2007, was sold by Solstad Offshore's subsidiary Solstad Rederi…
Aker Solutions' and AF Gruppen's proposed offshore decommissioning businesses merger has been given a green light by the Norwegian Competition Authority.The Norwegian Competition Authority on Monday informed the two firms it had no objections to the merger…
A complete subsea factory may yet be a pipe dream. However, with its constituent parts now more or less ready, the industry has a much greater toolbox of technologies with which it can now apply to existing and new subsea developments. But is there willingness…
Austrian oil and gas company OMV has agreed to sell its 25% stake in the Wisting offshore oil field in the Barents Sea off Norway, to the Swedish oil firm Lundin Energy for $320 million. OMV, which discovered the oil field in 2013, said it was focusing increasingly on low-carbon projects…
Saipem, an Italian energy industry construction and installation services provider, has secured two new offshore contracts in Australia and Turkey totaling more than $600 million for transportation and installation activities.In Australia, Chevron…
Ireland-based oil and gas company Providence Resources has completed a seabed, shallow geophysical, and environmental baseline survey over the K Well drilling location of the Barryroe field.The Barryroe field lies in approximately 100-meter water depth in the North Celtic Sea Basin and is located c…
Philippe Kavafyan, the former CEO of offshore wind turbine manufacturer MHI Vestas Offshore Wind (now Vestas), has officially taken over as the CEO of the recently established Norwegian offshore wind developer Aker Offshore Wind.Kavafyan's appointment was announced back in May…
Norwegian offshore engineering and construction firm is set to deliver a 5000-ton module for the riser platform at the giant Johan Sverdrup oil field off Norway.'The module is a part of the field’s second development phase and is the latest…
Norway-based firm Aker Offshore Wind plans to utilize Scotland’s first offshore wind underwater substation as part of its bids for major offshore wind farms.'The multi-million subsea innovation would be developed, manufactured, and supplied…
KDS JV, a joint venture between offshore vessel owner DOF Subsea and offshore equipment maker and service provider Aker Solutions, has secured a subsea decommissioning contract for DNO at the Norwegian Continental Shelf. The contract includes engineering…
Norway's Aker Solutions has delivered a steel substructure for the second phase of the giant, Equinor-operated, Johan Sverdrup oil field development, offshore Norway.After delivering three platform jackets for the first phase, another jacket delivery…