contract

Aker Solutions has signed an agreement to deliver engineering and project management services at various subsea oil and gas fields operated by BP.

The contract is for a period of five years and can also be extended by a further two years.

Under the contract, Aker Solutions will provide subsea engineering services, asset integrity management as well as operations support.

Aker Solutions CEO Luis Araujo said: "We are delighted to partner with BP in finding cost-effective solutions to boost productivity and optimise the infrastructure of the company’s subsea fields.

"The contract is for a period of five years and can also be extended by a further two years."

"We have provided subsea operations support to BP in the UK for more than 15 years and look forward to building on this partnership with a global agreement."

Aker Solutions plans to execute the work through a global delivery model.

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Both Aker Solutions and BP have agreed not to disclose the contract value.

In November 2015, Aker Solutions was awarded a contract valued at $369m to provide maintenance and modifications services at BP’s oil and gas fields in offshore Norway.

Under the five-year contract, Aker Solutions worked on the North Sea fields including Ula, Tambar, Hod and Valhall, as well as the Skarv deposit in the Norwegian Sea.


Image: The contract covers subsea engineering services, asset integrity management and operations support. Photo: courtesy of Aker Solutions.