Aker Solutions Gets NOK3.2 Billion Contract From BP in Norway
November 26 2015 - 3:20AM
Dow Jones News
By Dominic Chopping
Norway's Aker Solutions ASA (AKSO.OS) said Thursday it has been
awarded a framework agreement worth up to 3.2 billion Norwegian
kroner ($369.5 million) to provide maintenance and modifications
services at BP-operated oil and gas fields offshore Norway.
The contract has a fixed period of five years and also contains
options to extend the agreement by as many as four years.
The contract starts on December 1, 2015 on expiration of an
existing agreement for similar services.
The agreement is for work on the North Sea fields Ula, Tambar,
Hod and Valhall as well as the Skarv deposit in the Norwegian
Sea.
-Write to Dominic Chopping at dominic.chopping@wsj.com; Twitter:
@domchopping @WSJNordics
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
November 26, 2015 03:05 ET (08:05 GMT)
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