Aker Solutions signed a multi-million MMO contract

Aker Solutions’ MMO business in Norway has secured two contracts for work at North Sea fields operated by ConocoPhillips.
The company received a framework agreement for a fixed period of five years to become ConocoPhillips’ main supplier of maintenance and modifications work offshore Norway. The agreement may be extended by up to three years and covers work on all installations at the Ekofisk and Eldfisk fields offshore Norway, starting in February.
The contract value depends on how much maintenance and modifications work is undertaken over the next five years and could range between $114 million and $343 million in that period.
Aker Solutions was also one of three companies awarded a contract to compete for work on modifications projects at these fields. This contract has the same fixed period and option as the framework agreement.
Work on both contracts will be managed and executed by Aker Solutions’ MMO unit in Stavanger and fabrication yard in Egersund.