Aker Solutions Sign UK Continental Shelf Frame Agreement
Aker Solutions secures a 5-year frame agreement to execute contracts acrossTalisman Sinopec Energy UK Ltd's offshore brownfield projects.
Although the contract contains no firm spending commitment, 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, today'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.
Aker Solutions' contract party is Aker Offshore Partner Ltd.
(According to Wikipedia: In a brownfield project a structure would need to be demolished or renovated. Today, the term brownfield project is used in many industries, including software development, to mean to start a project based on prior work or to rebuild (engineer) a product from an existing one).