Aker Solutions Wins Subsea Contract from Total

Norwegian oilfield technology firm Aker Solutions announced Friday that it has been awarded as contract by Total E&P Angola to deliver seven new subsea tree systems to the Dalia field located offshore Angola. The contract value is approximately $82 million (NOK 470 million).

The scope of work includes seven production subsea trees, seven wellhead systems and seven well jumper systems, and may include some contract options.
"Our first subsea tree award was signed for Dalia in 2003 and we have successfully delivered 71 subsea tree systems to this field. We are very pleased to continue this positive relationship with Total E&P Angola and look forward to executing this project," said Alan Brunnen, executive vice president of Aker Solutions' subsea business.
Management and engineering of the subsea tree systems will be performed at Aker Solutions' manufacturing centre in Tranby, Norway. Procurement, manufacturing and assembly will take place in Port Klang, Malaysia, and Aberdeen, UK. Equipment deliveries will be made in 2013 and 2014.
Aker Solutions is preparing for major growth by investing $87 million (NOK 500 million) in its subsea business. This investment is set to double the capacity of its manufacturing plants in Tranby, Norway, and Port Klang, Malaysia.
The Dalia field is located in block 17 offshore Republica de Angola. The field is approximately 140 miles (230 kilometers) offshore at a water depth of between 3940 feet and 4590 feet (1200 meters to 1400 meters), and covers an area of approximately 89 square miles (230 square kilometers).
Aker Solutions has established a state-of-the-art service base facility in Luanda with 130 employees.
Aker Solutions' contract party is Aker Subsea AS. The contract was signed and booked as order intake in the first quarter of 2012.