Aibel was awarded the modification assignment to ready the Heidrun platform to receive the production from the Dvalin field (formerly Zidane). The Heidrun platform (image: Øyvind Hagen/Statoil)…
Aker Solutions is introducing a new executive management team as part of a broader reorganization and a goal to boost cost efficiency by 30%. The new organization will have five delivery centers: customer management, front end, products…
Norway's Statoil says the world’s first subsea gas compression system has now been in successful operation for one year on the Åsgard field, helping increase production by some 16 MMboe. The firm says the system, installed on the field in the Norwegian Sea…
While French oil major Total has demonstrated the first all-electric Xmas tree, Norway’s Statoil is eager to do the same. Elaine Maslin examines the subsea all-electric initiative. The Åsgard subsea gas compression system…
Brazilian native Luis Araujo became CEO of Aker Solutions in 2014, after joining the business in 2011. He has a BEng in mechanical engineering and an MBA. We asked him about his career and outlook on the industry. Luis…
Aker Solutions has secured a contract from Idemitsu Oil and Gas to provide engineering services for the development of oil and gas resources in the Nam Con Son basin offshore Vietnam. It is the first time Aker Solutions teams up with…
Subsea power remains on the agenda for the subsea processing systems of the future. Elaine Maslin surveys the main players’ progress in producing subsea power distribution systems. The subsea factory – as envisioned by ABB…
Statoil is applying new concepts and new thinking to the Johan Castberg development on the Norwegian Continental Shelf. It’s a DC fiber optic future, Elaine Maslin reports. Transocean’s Polar Pioneer semisub drilled the Skrugard prospect in 2011…
The oil price crash brings subsea processing opportunities, says Rystad Energy’s Jon Fredrik Müller. The Åsgard subsea compressor manifold station was installed in summer 2013 with the Saipem 7000…
Per Harald Kongelf (56) has been appointed new SVP Improvement for Norway's Det norske oljeselskap. He joins Det norske from Aker Solutions Norge, where he has served as the regional head of Norway. He will take up the new role on 15 September 2016…
Aker Solutions is to supply its longest-ever umbilicals system to the Zohr offshore gas field in the Egyptian part of the Mediterranean Sea. The agreement, with Petrobel, Egypt, is worth more than NOK 1 billion (US$120 million) and covers…
New business models involving alliances, integrated offerings and early engagement with suppliers were hailed as ways to do business better in today’s cost conscious environment, the Underwater Technology Conference (UTC) in Bergen was told last week…
Aker Solutions says it is on track to boost cost efficiency in all areas of the company by a 30% goal - or NOK9 billion (US$1.11 billion) annually - in a bid to meet current market conditions. A quarter of the targeted improvement is expected to be achieved this year…
Aker Solutions is to provide maintenance and other services on Petrobras-operated subsea oil and gas fields offshore Brazil. The contract is for three years and worth NOK 1 billion and may be extended by another three years. The contract covers maintenance…
The start of construction of the riser platform for the giant Johan Sverdrup project offshore Norway has been marked at Samsung Heavy Industries yard in South Korea. Johan Sverdrup, 155km west of Stavanger, Norway, is one of the five biggest oil fields on the Norwegian Continental Shelf…
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