Aker to deliver work-over system for Kristin field

OSLO: Aker Solutions has been awarded a contract by StatoilHydro for the delivery of a complete work-over system for subsea trees at the high-pressure/high-temperature (HP/HT) Kristin field in the Norwegian Sea.

The contract value is approximately NOK 330 million (US$48.64 million). The contract party is Aker Solutions subsidiary Aker Subsea AS.The work scope includes engineering, procurement, manufacturing and testing of a complete work-over intervention system, including tools. The system equipment will be engineered and manufactured out of Aker Solutions’ facilities at Fornebu and Tranby, Norway. Deliveries of the equipment are scheduled to be finalized in May 2010.The contract is a call-off from the frame agreement signed between StatoilHydro and Aker Solutions in the third quarter of 2007. The delivery is for StatoilHydro’s Kristin Tool Pool & Exploration and Production North unit. This is the third work-over system Aker Solutions will be delivering to StatoilHydro’s Kristin field, which is a HP/HT field with temperatures up to 180 degrees Celsius and pressures up to 15,000 psi.

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