Aker BP and Aker Solutions form alliance for modifications on three offshore fields

Norwegian oil company Aker BP and oilfield services provider Aker Solutions are forming an alliance to deliver modification projects on three of Aker BP’s fields.

The alliance agreement between the two companies was signed on July 6.

SVP Projects in Aker BP, Olav Henriksen, commented: “We have worked closely with Aker Solutions for many years and are proud to establish this alliance – perhaps the first and largest of its kind on the Norwegian shelf. The agreement is in line with Aker BP’s strategy of entering into long-term, predictable agreements with partners.”

Aker BP explained on Tuesday that the alliance agreement is based on the framework agreement that BP Norge and Aker Solutions signed in 2015. It comprises all modification work on the offshore installations on Valhall, Ula and Skarv. Aker Solutions’ fabrication workshops in Egersund and Sandnessjøen will also deliver work through the Modification Alliance.

Joint organization

An organization for the Modification Alliance with nearly 500 people was established in April. The organization is co-located in Stavanger.

“We know that we depend on both us and our suppliers evolving in order to compete in a future market. Aker BP and Aker Solutions have worked together to streamline work processes in recent years. There was still a strong desire from both companies to establish an alliance for modification projects,” says VP Modification Projects in Aker BP, Marie Ravnestad.

“We have done a lot of work to describe how to define the scope of work for each installation. It was important to establish an agreement with common incentives to secure that good results reward both parties,” says Ravnestad.

“Our goal is to become the leading project organization for modifications on the Norwegian shelf. With the expertise and experience that these two companies have accumulated, there is no reason why we cannot reach that goal together,” Henriksen concluded.