Aker Wins Mariner Hook-Up Engineering Contract

Norwegian oilfield services firm Aker Solution reported Monday that it has been awarded a GBP 120 million ($188 million) contract by Daewoo Shipbuilding and Marine Engineering (DSME) to provide engineering services for the hook-up phase of the Mariner oilfield development in the UK North Sea. At its peak offshore phase, the contract will secure as many as 950 jobs in the UK.

The contract follows a five-year maintenance and modifications services contract awarded in June by Statoil for the Mariner field – which is set to begin production in 2017.

The work will be managed by Aker Solutions' UK maintenance, modifications and operations (MMO) business through an integrated construction and completions organization with DSME and Statoil.

Tore Sjursen, who heads Aker's MMO business, commented in a company statement:

"We are very pleased to be expanding our already significant role in developing the Mariner field and to be working with Daewoo and Statoil. This is a testament to the strength and know-how of our UK operations."

Aker also announced Monday that its Norwegian MMO unit has secured a two-year contract worth NOK 360 million ($50 million) for asset integrity management work at 11 offshore and three onshore locations in Norway – an extension to an existing four-year contract awarded by Statoil to Aker in October 2010.



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