Scope of work includes seven production subsea trees, seven wellhead systems and seven well jumper systems, and may include some contract options.
"Our first subsea tree award was signed for Dalia in 2003 and we have successfully delivered 71 subsea tree systems to this field. We are very pleased to continue this positive relationship with Total E&P Angola and look forward to executing this project," says Alan Brunnen, executive vice president of Aker Solutions' subsea business area.
Management and engineering of the subsea tree systems will be performed at Aker Solutions' manufacturing centre in Tranby, Norway. Procurement, manufacturing and assembly will take place in Port Klang, Malaysia, and Aberdeen, UK. Equipment deliveries will be made in 2013 and 2014.
Aker Solutions is preparing for major growth by investing NOK 500 million (USD 87 million) in its subsea business. This investment is set to double the capacity of its manufacturing plants in Tranby, Norway, and Port Klang, Malaysia.
The Dalia field is located in block 17 offshore Republica de Angola. The field is approximately 230 kilometres offshore at a water depth of between 1200m to 1400 metres, and covers an area of approximately 230km².
Aker Solutions has established a state-of-the-art service base facility in Luanda with 130 employees.
Aker Solutions' contract party is Aker Subsea AS. The contract was signed and booked as order intake in the first quarter of 2012.
For further information, please contact:
Severin Roald, Vice President Communications, Aker Solutions. Tel: +47 22 94 55 23, Mob: +47 92 03 00 33, E-mail: email@example.com
Astrid Thommesen Sæbø, Vice President Investor Relations, Aker Solutions. Tel: +47 22 94 63 37, Mob: +47 48 17 00 35, E-mail: firstname.lastname@example.org
For further information about sourcing and potential subcontracts for this project, please visit www.akersolutions.com/suppliers
Aker Solutions provides oilfield products, systems and services for customers in the oil and gas industry world-wide. The company's knowledge and technologies span from reservoir to production and through the life of a field.
Aker Solutions brings together engineering and technologies for oil and gas drilling, field development and production. The company employs approximately 23 500 people in more than 30 countries. They apply the knowledge and create and use technologies that deliver their customers' solutions.
Aker Solutions ASA is the parent company in the group, which consists of a number of separate legal entities. Aker Solutions is used as the common brand and trademark for most of these entities. In 2011 Aker Solutions had aggregated annual revenues of approximately NOK 36.5 billion. The company is listed on the Oslo Stock Exchange.
This press release may include forward-looking information or statements and is subject to our disclaimer, see www.akersolutions.com.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.