Aker Solutions, Det norske and Subsea 7 made an alliance in Norway

The alliance combines Det norske’s exploration and production know-how with Aker Solutions’ expertise in front end engineering, brownfield modifications and subsea systems and Subsea 7’s capabilities in the engineering, procurement, installation and commissioning of subsea umbilicals, risers and flowlines (SURF). It will enable the operator and suppliers to work as one integrated team to find the most cost-effective solutions for developing Det norske’s Norwegian subsea field portfolio. Before now, field developments have typically been managed on a project-by-project basis that curtails reuse of technology and solutions.
The alliance accord comes after Det norske in June announced a four-year framework agreement with Aker Solutions to provide subsea production systems and services for the operator’s oil and gas developments in Norway and with Subsea 7 for SURF services. The scope of these framework contracts has a total potential value of about €300 millon, of which approximately €85 million is Aker Solutions’ share and €215 million is Subsea 7’s portion. These values may change depending on how much work the operator calls for under the contracts. Aker Solutions will book individual orders under the contract as they come in.