Norwegian oilfield services company Beerenberg has won a hook-up contract with Aker Solutions worth US$23.4 million (NOK 200 million) plus options for two installations on the Johan Sverdrup field in the North Sea. Beerenberg’s scope of work will include scaffolding…
Aker Solutions has completed the acquisition of oil-services provider Reinertsen, building on its position as a leading maintenance and modifications supplier offshore Norway. The agreement to buy Reinertsen's Norwegian oil and gas services business…
Wood Mackenzie’s Caitlin Shaw provides perspective on the subsea market and how the industry will redefine a “good” year. An illustration of the Mad Dog Phase 2 development in the Gulf of Mexico…
Norwegian subsea industry focused group GCE Subsea has elected OneSubsea's Jon Arve Sværen as its chairman. Sværen is currently employed as VP Business Strategy Processing in OneSubsea. 'I am convinced that subsea technology has a bright future despite the current downturn in the industry…
Statoil and its partners have agreed to move forward with a US$5.92-6.51 billion second phase development of the giant Johan Sverdrup field offshore Norway at a sub-$30/bbl break even price. The cost is half that estimated, when Statoil…
German operator DEA has gained approval from Norway’s Ministry of Petroleum and Energy for the US$1.2 billion (NOK 10 billion) Dvalin development plan in the Norwegian Sea, with production set for 2020. Illustration of Dvalin…
VNG Norge has awarded a trio of companies, Subsea 7, TechnipFMC, and Aker Solutions, front-end engineering and design (FEED) contracts for the Pil & Bue project, in the Norwegian Sea. Subsea 7 and TechnipFMC won the subsea structures…
Aker Solutions was awarded two framework agreements to provide concept and front-end engineering (FEED) services for BP, globally. The first contract is for feasibility and concept engineering and the second is for FEED services covering the full range of upstream developments…
Norwegian firms Aker Solutions and Aibel have won hook-up and commissioning contracts on Statoil's massive Johan Sverdrup field development offshore Norway. The contracts have a total value of slightly less than NOK 1.3 billion, excluding options…
Elaine Maslin examines how virtual reality goggles and augmented reality offshore platforms are quickly becoming part of the 21st century oil and gas industry. Simulation solutions. Photo from Aker Solutions…
Integrated process solutions provider ProSep will supply one ProDry unit to Statoil for the Troll B ZMP Project. ProSep’s project scope of supply – awarded through Aker Solutions – began in January 2017 and is expected to last approximately five months…
The floating production systems market remains challenging. Will cost-cutting measures made over the past two years help projects reach final investment decision in 2017? Infield’s Catarina Podevyn assesses the market. Johan Castberg…
Aker Solutions completed the acquisition of 70% of Brazilian CSE Mecânica e Instrumentação Ltda. The agreement includes an option for Aker Solutions to purchase the remaining 30% of the company three years from now. The acquisition…
Sturla Magnus has been appointed new executive vice president (EVP) for Structural Solutions and responsible for Kvaerner's yard at Verdal. He will start in his new position 1 April 2017 at the latest. Previous EVP of Structural Solutions…
Finalists for the 2017 Offshore Achievement Awards, supported by OE (Offshore Engineer) have been unveiled today. Hosted by the Society of Petroleum Engineers (SPE) Aberdeen Section, the annual awards recognize some of the industry’s…
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