Aker Wins Extension to Troll Contract

Norwegian oilfield services firm Aker Solutions announced Friday that it has been awarded an extension to its Troll field contract with Statoil.

The Troll field on the Norwegian Continental Shelf (NCS) is the world's biggest subsea development in terms of subsea wells and Aker Solutions last year managed to deliver the 100th subsea tree to the field. The extension, valued at $44 million (NOK 250 million), will see Aker deliver a further three subsea trees, tubing hangers and a tool package to the field.

Troll is located in the northern part of the North Sea, approximately 40 miles west of Kollsnes near Bergen in Norway. It contains 40 percent of the total gas reserves on the NCS and is also one of the largest oil fields on the shelf. Under the extension to its contract, Aker will supply equipment to the oil section of Troll.

"Troll represents a cornerstone of Norway's offshore oil and gas production with Aker Solutions being involved since 1996. We look forward to executing this contract and assisting Statoil to realise all of the opportunities on the Troll field," said Alan Brunnen, executive vice president of Aker Solutions' subsea business area, in a statement.

 



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  ExxonMobil Starts Fuels Production at ... (Sep 21)
 -  How to Become a Safety Engineer (Sep 18)
 -  How to Become a Geologist (Sep 15)
 -  Oil, Gas Industry Leadership Group to ... (Sep 14)
 -  CB&I Wins China PDH Unit Contract (Sep 11)


Most Popular Articles

From the Career Center
Jobs that may interest you
Frac Equipment Operator - Midland, Texas
Expertise: Coil Tubing|Fracturing
Location: Midland, 
 
Field Service Engineer
Expertise: Coil Tubing|Mechanical Engineering
Location: Anaheim, CA
 
Piping Drafting / Designer
Expertise: CAD / CAM|Design Engineer|Drafting
Location: Canonsburg, PA
 
search for more jobs

Brent Crude Oil : $56.43/BBL 0.40%
Light Crude Oil : $50.55/BBL 0.27%
Natural Gas : $2.95/MMBtu 5.44%
Updated in last 24 hours