•  
  •  
  •  
  •  
  •  
  • Untitled Document
    Untitled Document

    ConocoPhillips awards Aker Solutions $983MM Eldfisk EPC contract

    Norway’s Aker Solutions has signed an EPC contract with Houston-based ConocoPhillips to deliver the topside and bridges of the production platform for the Eldfisk 2/7 S in the North Sea. The contract value is approximately NOK 5.5 billion (US $983.4 million). The contract award is subject to Norwegian authorities’ approval of the plan for development and operation (PDO).

    The Eldfisk topside consists of one combined living quarter and utility module and a combined process and wellhead module, with a total weight of 15,500 tons. In addition, the contract includes the fabrication of two bridges, one bridge support modules and a flare.

    Aker Solutions will begin the detail engineering instantly, while fabrication is expected to commence early 2012. The topside will be delivered from Aker Solutions yard at Stord in early 2014.

    Options for execution of offshore hook-up and commissioning assistance are included in the contract.

    Eldfisk is one of the two biggest fields in the Greater Ekofisk Area and have been in production since 1979. The field is located in the southern part of the North Sea, about 300 kilometres (about 186 miles) from the shore.

    The contract party is the Aker Solutions subsidiary Aker Stord AS.

    Related Articles

    Oando reduces debt by converting loan to equity

    08/22/2014 Oando Energy Resources Inc. reports the conversion to equity of principal and interest in the amount of US$98 million, outstanding under the US$ 1.2 billion facility agreement dated Feb. 10 with Oa...

    ConocoPhillips completes sale of Nigeria business

    07/31/2014 ConocoPhillips has completed the transaction with Oando Energy Resources, a subsidiary of Oando PLC, for the sale of its Nigeria upstream business for a total sales price, after customary adjustmen...

    Karoon reports gas discovery at Pharos-1 well in WA-389-P in Browse Basin

    07/18/2014

    Karoon Gas Australia Ltd. has reported that, on July 16, wireline logging of the Pharos‐1 borehole in permit WA-398-P in the Browse Basin offshore Western Australia was ongoing.

    Oando Energy Resources acquires Medal Oil

    07/14/2014

    Oando Energy Resources Inc., a company focused on oil and gas exploration and production in Nigeria, has completed the acquisition of Medal Oil Co. Ltd.

    Oando plans to close acquisition in July

    07/01/2014 Oando Energy Resources Inc. and ConocoPhillips have entered into an agreement to extend the outside date for completion of the proposed acquisition of the Nigerian upstream oil and gas business of ...

    More Oil & Gas Financial Articles

    Oando reduces debt by converting loan to equity

    Fri, Aug 22, 2014

    Oando Energy Resources Inc. reports the conversion to equity of principal and interest in the amount of US$98 million, outstanding under the US$ 1.2 billion facility agreement dated Feb. 10 with Oando Plc.

    ConocoPhillips completes sale of Nigeria business

    Thu, Jul 31, 2014

    ConocoPhillips has completed the transaction with Oando Energy Resources, a subsidiary of Oando PLC, for the sale of its Nigeria upstream business for a total sales price, after customary adjustments, of $1.5 billion. 

    Karoon reports gas discovery at Pharos-1 well in WA-389-P in Browse Basin

    Fri, Jul 18, 2014

    Karoon Gas Australia Ltd. has reported that, on July 16, wireline logging of the Pharos‐1 borehole in permit WA-398-P in the Browse Basin offshore Western Australia was ongoing.

    Oando Energy Resources acquires Medal Oil

    Mon, Jul 14, 2014

    Oando Energy Resources Inc., a company focused on oil and gas exploration and production in Nigeria, has completed the acquisition of Medal Oil Co. Ltd.

    Oando plans to close acquisition in July

    Tue, Jul 1, 2014

    Oando Energy Resources Inc. and ConocoPhillips have entered into an agreement to extend the outside date for completion of the proposed acquisition of the Nigerian upstream oil and gas business of ConocoPhillips to July 31.

    Most Popular

    Oil & Gas Jobs

    Search More Job Listings >>
    Subscribe to OGFJ