Norway: Aker Solutions Bags Ekofisk Topside Early Engineering and Procurement Contract

ConocoPhillips has conditionally awarded a contract for engineering, procurement and construction (EPC) of the topside module for the Ekofisk 2/4 Z platform to Aker Solutions.

The contract award is subject to project approval by the PL018 license group, and Norwegian authorities’ approval of the plan for development and operation (PDO). The PL018 approval is planned for the first quarter 2011 and PDO approval in the second quarter of 2011.

Contract parties are Aker Solutions’ subsidiary, Aker Egersund A/S and ConocoPhillips Skandinavia A/S. Pending project sanction and final contract award, Aker Solutions will only book early engineering and procurement as order backlog.

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.

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Source:  Aker Solutions, December 22, 2010;  Image: Maersk Oil