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Aker Solutions Win Eldfisk EPC Contract

Aker Solutions



Aker Solutions has signed an EPC contract with ConocoPhillips to deliver the topside and bridges of the production platform for the Eldfisk 2/7 S, in the North Sea. The contract value is approximately NOK 5,5 billion. The contract award is subject to Norwegian authorities' approval of the plan for development and operation (PDO).

The topside consists of one combined living quarter and utility module and a combined process and wellhead module, with a total weight of 15500 tons. In addition, the contract includes the fabrication of two bridges, one bridge support modules and a flare.

Aker Solutions will begin the detail engineering instantly, while fabrication is expected to commence early 2012. The topside will be delivered from Aker Solutions yard at Stord early 2014.

Options for execution of offshore hook-up and commissioning assistance are included in the contract.

Eldfisk is one of the two biggest fields in the Greater Ekofisk Area and have been in production since 1979. The field is located in the southern part of the North Sea, about 300 kilometres from the shore.

The contract party is the Aker Solutions subsidiary Aker Stord AS.

Published 18/03/2011

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Aker Solutions ASA, through its subsidiaries and affiliates ("Aker Solutions"), is a leading global provider of engineering and construction services, technology products and integrated solutions. Aker Solutions' business serves several industries, including oil & gas, refining & chemicals, mining & metals and power generation. The Aker Solutions group is organised in a number of separate legal entities. Aker Solutions is used as the common brand/trademark for most of these entities.

Aker Solutions' parent company is Aker Solutions ASA. Aker Solutions has aggregated annual revenues of approximately NOK 50 billion and employs approximately 19500 people in about 26 countries.

Aker Solutions is part of Aker (www.akerasa.com), a group of premier companies with a focus on energy, maritime and marine resource industries. The Aker companies share a common set of values and a long tradition of industrial innovation. As an industrial owner controlling 40.27 percent of the shares in Aker Solutions through Aker Holding AS, Aker ASA takes an active role in the development of Aker Solutions.

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