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Product category: Oil, Gas, Petrochemical Industry News
News Release from: Aker Kvaerner Oil and Gas
Edited by the Processingtalk Editorial Team on 13 April 2007

AK awarded subsea contract for Petrobras

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Aker Kvaerner has been awarded a contract to supply 18 subsea christmas trees to Petrobras, the national oil company in Brazil, under their current frame agreement

Aker Kvaerner has been awarded a contract to supply 18 subsea christmas trees to Petrobras, the national oil company in Brazil, under their current frame agreement The contract has a value of approximately USD 50 million

The scope of work comprises 18 dual bore subsea christmas trees, designed for 2 000 metres (6 500 feet) water depth.

The subsea christmas trees, or valve control stacks, will be deployed in several key fields located offshore Brazil.

Deliveries are to be completed from the Aker Kvaerner subsea facility in Curitiba.

"This award confirms the Aker Kvaerner ability to fulfill our client's needs for delivery as well as our close co-operation with Petrobras", says Martinus Brandal, CEO and president of Aker Kvaerner.

Aker Kvaerner has extensive experience delivering subsea christmas trees in Brazil, having delivered more than 130 to Petrobras since the start of operations in Brazil.

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