Aker Solutions (OSE: AKSO) continued its big move up this week. This comes on the heels of a major announcement on Tuesday noting that the company has entered into long-term heavy well intervention and light drilling services on the NCS with Statoil (OSE: STL, NYSE: STO). This 8 year contract contains options for three additional two-year periods and the initial period is valued around 1.9 billion USD.
The works will be performed from a new build Category B well intervention rig which aims to fill the gap between conventional drilling rigs and light well intervention units. The company is calling this vessel based intervention service concept a game-changer. Statoil feels that this can improve well recovery rates. The rig is expected to be in service by H2 2015 and the company is currently negotiating EPC contract to build it.
On Monday Aker Solutions said it had received a jack-up drilling equipment contract from Yantai CIMC Raffles Offshore Ltd to supply a complete drilling equipment package for a new rig. The contract value wasn’t disclosed. There are options for three more of these 2000E jack-up designs.
No comments:
Post a Comment