Aker Solutions News

(Image: Subsea 7)

Aker Solutions, Subsea 7 Win Ærfugl Subsea Scope

Aker BP has tapped Aker Solutions and Subsea 7 to deliver and install subsea infrastructure for the second phase of the Ærfugl development offshore Norway.The Aker BP operated Ærfugl development is a subsea project being developed in two phases, both tied into the existing floating production, storage and offloading (FPSO) on the Skarv field, which is located in the Norwegian Sea, about 210 kilometers offshore Sandnessjøen.Aker BP, which together with partners Equinor, Wintershall DEA and PGNiG approved the final investment decision (FID) for Ærfugl phase 2 in early November

Subsea UK: New Board for 2020

Subsea UK announced a new board of senior subsea leaders with a mix of expertise and knowledge across all sectors of the industry.The new board members are Dorothy Burke, Managing Director at Ecosse IP, Suzy Davies, VP HSSE Greenfield Projects at Aker Solutions, Michael Jones, Chief Executive of SMD, Barry Macleod, Chief Executive of Rever Offshore, Tom Moore, Subsea Maintenance Lead at Shell UK and Jonathan Tame, Vice President UK and Canada for Subsea 7.Existing board members who were re-elected are: Zander Bruce, Subsea Operations Manager for BP North Sea; Bill Morrice, VP Commercial and Country

(Image: Aker Solutions)

Partners Target Subsea Gas Seperation

Aker Solutions said it is working with a group of leading oil and gas operators in a joint industry project that aims to make subsea gas separation a reality.Using CO2 injection to increase recovery rates in offshore oil and gas fields can improve the economics of a field significantly, but so far, the separation of ‘back-produced’ CO2 from the well-stream has been considered carried out on an existing platform, adding cost and making the concept economically unattractive, Aker Solutions said.Now the Norwegian-based firm is working with energy companies Total, Pertamina, Equinor and

Photo: DNV GL

DNV GL RP for Subsea Pumping Systems

a comprehensive specification for subsea pumping systems and complements existing industry standards.DNVGL-RP-F303 has been published following a joint industry project including participants from subsea operators Equinor, Petrobras, Shell and Woodside in addition to four major systems suppliers; Aker Solutions, Baker Hughes, OneSubsea, and TechnipFMC. The project sought to address several obstacles to subsea processing and pumping. These include overcoming the sector’s perceived novelty and unfamiliarity of subsea processing technology which can prevent new projects from being sanctioned, even

(Image: Aker Solutions)

Aker Solutions Eyes Low Carbon Tech

Aker Solutions aims to adjust its portfolio of products and technologies to include more renewable energy and low-carbon technologies over the next decade, Norway's largest oilfield services firm said on Wednesday.While oil and gas will remain its biggest market, the company said it will aim to generate about half of its revenue from renewable energy and low carbon solutions, including 20% from renewables and 25% from technologies that either generate renewable energy or removes or substantially reduces CO2 emissions by 2030."The world will continue to see rising energy demand and the challenge

Subsea cables image - Credit - JDR Cables

New Conference for Subsea Umbilical Industry

take place at the hotel the night before.  A number of experts, including representatives from oil and gas super-majors and service companies will explore a range of topics relating to subsea umbilicals including project achievements to date, life extension and safety. Shell, Equinor, Subsea 7, Aker Solutions, Oceaneering, JDR Cable Systems, Fibron, Nexans, MAATS Tech and Trelleborg will all deliver presentations at the event.Neil Gordon, chief executive at Subsea UK, said: “The subsea umbilical market has seen a massive growth in recent years, and it is predicted to expand and be part of a

(Image: Aker Solutions)

Partners Plan Floating Wind Farm in South Korea

Partners WindPower Korea, EDP Renewables and Aker Solutions will develop a 500 megawatt (MW) floating wind farm off the coast of Ulsan Metropolitan City in South Korea.The consortium was formed as EDP Renewables and Aker Solutions have invested in the development company Korea Floating Wind Power (KFWind), joining founding shareholder WindPower Korea. Principle Power, which had a role in originating the KFWind project portfolio, will supply its WindFloat foundation technology for the project.South Korea has become a hotbed for renewable energy projects, and offshore wind in particular. The South

(Photo: Aker Solutions)

Aker Solutions Wins ADNOC Umbilicals Contract

Norwegian engineering and equipment firm Aker Solutions said it has secured a NOK 700 million ($78.2 million) order from ADNOC (Abu Dhabi National Oil Company) to deliver subsea umbilicals for the Dalma gas development project located offshore the United Arab Emirates (UAE) in the shallow waters of the Persian Gulf.The scope includes four steel tube umbilicals totaling more than 100 kilometers. The umbilical system will provide power supply, communication services and chemical injection fluids. It will connect the subsea equipment to three new wellhead platforms and link the topside equipment located

(Photo: Equinor)

14 Template Installations in One Month

In one month – from June 11 to July 13 – 14 templates delivered by Aker Solutions and TechnipFMC were installed by vessels Edda Freya and Normand Vision on behalf of Equinor at four fields on the Norwegian continental shelf. The templates are all built according to the same, new standard, Equinor said. Following an increase in the price level for subsea equipment over several years, the Norwegian energy company said it now sees that standardization and simplification strengthens the competitiveness of the subsea industry, providing jobs both onshore and offshore. The Askeladd

(Image: Aker Solutions)

Aker Solutions Beats Forecasts

Aker Solutions beat second-quarter earnings on Wednesday citing demand from the offshore oil sector despite price pressure from ongoing high capacity.Service providers are slowly recovering from a 2014 slump in oil prices that prompted companies to curb offshore projects.Earnings before interest, tax, depreciation and amortization (EBITDA), excluding one-offs, rose to 629 million crowns ($73 million) from 441 million crowns a year earlier.That beat the 585 million crowns expected by four analysts in a Refinitiv poll."There is still a lot of capacity available in some areas, not all," Chief

Marine Technology Magazine Cover Nov 2019 - MTR White Papers: Subsea Vehicles

Marine Technology Reporter is the world's largest audited subsea industry publication serving the offshore energy, subsea defense and scientific communities.

Subscribe
Marine Technology ENews subscription

Marine Technology ENews is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for MTR E-news