Norwegian engineering company Aker Solutions has secured an important five year frame agreement for the execution of contracts across Talisman Sinopec Energy UK Ltd's brownfield projects on the UK Continental Shelf.
Although the contract contains no firm spending commitment, an Aker opress release says the anticipated multi-million pound agreement cements the long standing relationship between the two organisations.
Mike Forbes, UK managing director of Aker Solutions maintenance, modifications and operations (MMO) business said: "Talisman Sinopec Energy UK Ltd is embarking on an exciting phase in its development and we are delighted to have been selected for this agreement."
With a significant pipeline of projects within Talisman Sinopec Energy UK Ltd's portfolio, Monday's announcement reinforces Aker Solutions' strategic objective of growing its business in the UK.
"This agreement allows us to work closely with the customer to ensure that we plan for the successful delivery of projects in the longer term," says Mike Forbes.
(Press release)
Lundin Norge AS has announced the discovery of an oil discovery south of the Edvard Grieg field in the North Sea, after concluding the drilling of wildcat well 16/4-6 S.
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Norwegian energy provider Statoil has reported a first quarter 2013 net operating income of NOK 38.0 billion, compared to NOK 57.9 billion in the first quarter of 2012. Adjusted earnings were NOK 42.4 billion, compared to NOK 59.2 billion in the first quarter of 2012.
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The Norwegian Government has presented a proposal to open for petroleum activity in new areas in the south-eastern Barents Sea.
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The National Congress of Prime Minister Jens Stoltenberg's Labour Party has voted yes to do a study that examines the effects of potential oil drilling in the Lofoten-Vesterålen area in the north of Norway.
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Norwegian energy provider Statoil and partner Petoro have proven considerable additional resources in the Shetland Group/Lista Formation in the Gullfaks licence.
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Norwegian engineering firm Aker Solutions has entered a frame agreement with Petrobras to provide subsea equipment for the oil company's deepwater pre-salt field developments in Brazil.
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Norwegian energy provider Statoil and its partners have started production from the Vigdis North-East oil field located in the southern North Sea...
Aker Solutions has acquired Managed Pressure Operations International, Ltd. (MPO), a company that has successfully developed the next generation of continuous circulation, riser gas handling and managed pressure drilling systems.
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Final investments in oil and gas activity in 2012 - including pipeline transportation - were NOK 172.5 billion; 18 per cent higher than in 2011. The forecast for 2013 has been adjusted downwards to NOK 198.7 billion, according to Statistics Norway.
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This week, Statoil and its partners began production from the Hyme oil field in the southern part of the Norwegian Sea. Hyme is the second of Statoil’s 12 so-called fast-track projects.
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