Aker Solution got a €100mln extension contract from Statoil

Statoil’s Njord A platform offshore Norway (courtesy of Thomas Sola/Statoil)


The company will be a subcontractor of Kvaerner in taking part in upgrading the platform after operator Statoil exercised an option in an agreement awarded in April 2016. The option is for work in the engineering, procurement and construction phase of the project. Aker Solutions’ share of the work is valued at about €109 million and will be booked in the company’s first-quarter orders.
Aker Solutions’ office in Bergen will execute the engineering work with support from the company’s division in Oslo, working as part of an integrated team with Kvaerner. The work has already started and will at its peak involve about 330 Aker Solutions’ employees. Delivery is scheduled for spring 2020.
The Njord field, located in the Norwegian Sea, had its first production in 1997. The Njord A platform will be upgraded at Kvaerner’s yard in Stord, an effort that will require about 3,000 man-years.
Aker Solutions has previously delivered concept and feasibility studies as well as front-end engineering and design (FEED) work for the Njord upgrade. The subcontractor agreement with Kvaerner includes an option for prefabrication work.