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    Bechtel and Cheniere Deliver LNG Ahead of Schedule on US Gulf Coast

    ABB wins $79m order for Bab onshore project in Abu Dhabi

    Phillips 66 and Bridger Pipeline LLC Announce Open Season for Rockies and Bakken Crude Oil Pipeline System

    Phillips 66 and Bridger Pipeline LLC Announce Open Season for Rockies and Bakken Crude Oil Pipeline System

    BHP successful in bids for blocks in the offshore Orphan Basin in Eastern Canada

    Operational excellence and safety continue to be a key driver in oil and gas sector

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    Eni, Repsol press Maduro for more control to increase oil production from Venezuelan oil fields

    chevron invests in carbon capture and removal technology company, svante

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    Transocean secures offshore drilling rig contract from Wintershall and OMV

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    Vital Energy acquires oil production assets in Permian basin for $128 million

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    Matador Resources acquires Delaware basin assets for $1.6 billion

    Funding For Oil And Gas Industry Is Evolving Dramatically

    Marathon Oil Completes Eagle Ford Acquisition

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Aker Solutions wins services contract from Petrobras in Brazil

Yuvraj_ong by Yuvraj_ong
February 26, 2018
in America, News, Upstream
0

Aker Solutions won a contract to provide maintenance and modifications services for three platforms at Petrobras-operated oil and gas fields offshore Brazil, expanding its business in a key international market.

The four-year contract is valued at about NOK 800 million and includes an option for a one-year extension.

The order covers a range of services to renovate, repair and upgrade the floating production storage and offloading platforms, or FPSOs, at Barracuda, Caratinga and Albacora Leste fields in the Campos basin. It also entails management at the yard where replacement parts and other equipment will be fabricated.

“Brazil is an important global market and growth area for servicing oil and gas fields,” said Aker Solutions CEO Luis Araujo. “We look forward to helping Petrobras optimize and extend the life of these assets.”

The company will execute the work from its C.S.E. Mecânica e Instrumentação Ltda services base in Macaé, Rio de Janeiro. Aker Solutions acquired a majority stake in C.S.E. in December 2016.

The work starts in March 2018, with final deliveries scheduled for the first quarter of 2022.

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