Product category:
Oil, Gas, Petrochemical Industry News
News Release from: Aker Kvaerner Oil and Gas
Edited by the Processingtalk Editorial
Team on 12 January 2007
Further Indian continental shelf subsea
production
Aker Kvaerner has signed a letter of intent with Aker Floating Production to deliver a complete subsea production system for a customer in India, plus the marine installation of the associated FPSO
Aker Kvaerner has signed a letter of intent with Aker Floating Production to deliver a complete subsea production system for a customer in India Aker Kvaerner will also deliver the marine installation of the floating production storage and offloading (FPSO) vessel to be leased out by Aker Floating Production ASA
This article was originally published on Processingtalk on 17 Nov 2004 at 8.00am (UK)
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Operators select Aker Kvaerner process technology
Aker Kvaerner has been awarded two new contracts by Hydro and ConocoPhillips, for cleaning and recycling of the glycol used to enhance the flow of gas in subsea pipelines in order to avoid freezing
The total value of the Aker Kvaerner contracts is approximately USD250million.
Aker Kvaerner is scheduled to install the FPSO and mooring system and deliver the subsea production system by February 2008.
The subsea production system will be installed at 1100-1400 meters water depth and includes trees, manifolds, controls and umbilicals.
"It is the unique combination of capabilities within the Aker Group that has secured this very important letter of intent.
We are very excited about the future market potential that the Indian continental shelf represents for Aker Kvaerner and the rest of the Aker Group", says Martinus Brandal, CEO and President of Aker Kvaerner.
Aker Kvaerner Subsea will supply the subsea equipment and Aker Marine Contractors will be responsible for the installation of the FPSO and subsea equipment.
Aker Kvaerner Pusnes will deliver equipment for the mooring and offloading system to the FPSO.
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