popular articles

Aker wins 2 FEED contracts in Norway

Please share:

Aker Solutions wins two Front-End Engineering Design (FEED) contracts for the NOA Fulla field on the Norwegian Continental Shelf.
This includes FEED for the NOA processing, drilling and quarters platform, and for the unmanned Frøy wellhead platform (NUI), both operated by Aker BP.

A major contract for Aker

The FEED contracts put Aker Solutions in a good position for further contracts if the field development enters its execution phase in 2022.
They could potentially represent a value of over NOK 10 billion (€980 million), subject to the final investment decision.
They have been awarded within the framework of the “Fixed Facilities Alliance” between Aker BP, Aker Solutions and Siemens Energy.
The FEED scope for the NOA PdQ is expected to include a topside module weighing around 22 to 24,000 tonnes and a shell substructure weighing around 15,000 tonnes.
The FEED scope for the Frøy NUI also includes a topside module weighing around 2,000 metric tons and an envelope substructure with an operational weight of around 4,500 tons.
The award follows the successful completion of the initial design and engineering phase, and work commences immediately with completion scheduled for the end of Q3 2022.
FEED work will be led by Aker Solutions’ offices in Fornebu, Norway, with part of the engineering carried out in Mumbai, India.

The area is rich in offshore oil fields

The Frøy NUI will be a carbon copy of the Hod B wellhead platform delivered by Aker Solutions in July 2021.
This will be the third wellhead platform project delivered by the Fixed Facilities Alliance established in spring 2017.
The NOAKA area is located between Oseberg and Alvheim in the Norwegian North Sea.
The region holds several oil and gas discoveries with gross recoverable resources estimated at over 500 million barrels of oil equivalent.
Aker BP and Equinor will jointly develop and operate NOAKA, with LOTOS Exploration and Production Norge AS as a partner.
Aker BP is operator of NOA Fulla, and Equinor of Krafla.
The ambition is to develop the NOAKA area with a minimal carbon footprint.
Digital solutions will be used extensively to ensure high efficiency and low carbon emissions.

Register free of charge for uninterrupted access.

Publicite

Recently published in

Fortum, a major player in the Finnish energy sector, is confronting a surge of cyberattacks and suspicious surveillance activities around its facilities in Finland and Sweden, likely orchestrated by Russian actors, heightening geopolitical tensions in the region.
Orlen is facing significant cost overruns and governance issues in its Olefins III project, threatening its financial stability and position in the European petrochemical market.
Orlen is facing significant cost overruns and governance issues in its Olefins III project, threatening its financial stability and position in the European petrochemical market.
Chevron Canada Limited and Chevron Canada Oil Sands Partnership have entered into a definitive agreement to sell their interests in the Athabasca Oil Sands Project and Duvernay shale to Canadian Natural Resources Limited for $6.5 billion.
Chevron Canada Limited and Chevron Canada Oil Sands Partnership have entered into a definitive agreement to sell their interests in the Athabasca Oil Sands Project and Duvernay shale to Canadian Natural Resources Limited for $6.5 billion.
Getlink temporarily suspends the activity of ElecLink, its cross-channel electric cable connecting France to the United Kingdom, due to a structural defect. The group estimates that this suspension will result in a commercial impact of 46 million euros.
Getlink temporarily suspends the activity of ElecLink, its cross-channel electric cable connecting France to the United Kingdom, due to a structural defect. The group estimates that this suspension will result in a commercial impact of 46 million euros.
Qatar Electricity and Water Company partners with KAHRAMAA to develop a 500 MW peak power plant in Ras Abu Fontas. The project aims to meet Qatar’s growing energy needs while strengthening the local infrastructure.
TotalEnergies announces its intention to establish a dual listing in New York, supported unanimously by its board of directors, while maintaining its presence on the Paris stock market.
TotalEnergies announces its intention to establish a dual listing in New York, supported unanimously by its board of directors, while maintaining its presence on the Paris stock market.
TPG, through its TPG Rise Climate fund, acquires the German company Techem for €6.7 billion from Partners Group. This transaction reflects the American fund’s commitment to strengthening its presence in energy efficiency solutions within the real estate sector.
TPG, through its TPG Rise Climate fund, acquires the German company Techem for €6.7 billion from Partners Group. This transaction reflects the American fund’s commitment to strengthening its presence in energy efficiency solutions within the real estate sector.
Masdar, owned by the Abu Dhabi National Oil Company (ADNOC), the sovereign wealth fund Mubadala Investment Company, and energy company TAQA, is actively expanding its presence in the renewable energy sector across Europe. The group recently acquired the Spanish firm Saeta Yield from Brookfield Renewable for $1.4 billion. This transaction includes 745 MW of operational wind and solar assets spread across Spain and Portugal, as well as a 1.6 GW development pipeline scheduled for commissioning by 2030.
Masdar, owned by the Abu Dhabi National Oil Company (ADNOC), the sovereign wealth fund Mubadala Investment Company, and energy company TAQA, is actively expanding its presence in the renewable energy sector across Europe. The group recently acquired the Spanish firm Saeta Yield from Brookfield Renewable for $1.4 billion. This transaction includes 745 MW of operational wind and solar assets spread across Spain and Portugal, as well as a 1.6 GW development pipeline scheduled for commissioning by 2030.
Eni is in advanced discussions with KKR to sell 20% of its biofuels subsidiary Enilive. Other investors, such as Stonepeak, are showing an interest in a new stake.
Vertex Energy, a major player in the biofuels sector, is declaring bankruptcy and looking for a buyer. This situation illustrates the challenges faced by renewable diesel producers in a market dependent on subsidies.
Vertex Energy, a major player in the biofuels sector, is declaring bankruptcy and looking for a buyer. This situation illustrates the challenges faced by renewable diesel producers in a market dependent on subsidies.
JetBlue and Aether Fuels sign agreement to produce sustainable aviation fuel from waste. The collaboration aims to accelerate the decarbonization of the aviation sector.
JetBlue and Aether Fuels sign agreement to produce sustainable aviation fuel from waste. The collaboration aims to accelerate the decarbonization of the aviation sector.
AM Green pursues its energy transition strategy with the acquisition of Chempolis Oy. The aim is to produce 0.5 million tonnes of sustainable aviation fuel (SAF) per year by 2027 using biorefineries.
AM Green pursues its energy transition strategy with the acquisition of Chempolis Oy. The aim is to produce 0.5 million tonnes of sustainable aviation fuel (SAF) per year by 2027 using biorefineries.
Air France-KLM has signed a contract with TotalEnergies for the purchase of 1.5 million tonnes of sustainable aviation fuel (SAF) over ten years, with the aim of reducing CO2 emissions and accelerating its decarbonization strategy.
Energy companies are calling on governments to meet their COP28 commitments to triple the world's renewable energy capacity by 2030.
Energy companies are calling on governments to meet their COP28 commitments to triple the world's renewable energy capacity by 2030.
Aramco announces a series of partnerships and the deployment of a supercomputer dedicated to artificial intelligence, marking a milestone in the optimization of its industrial processes.
Aramco announces a series of partnerships and the deployment of a supercomputer dedicated to artificial intelligence, marking a milestone in the optimization of its industrial processes.
Projections by gas industry players in France anticipate a 30% reduction in gas consumption by 2035, with a marked increase in renewable gas to meet European climate targets.
Projections by gas industry players in France anticipate a 30% reduction in gas consumption by 2035, with a marked increase in renewable gas to meet European climate targets.
Under pressure from markets and politics, companies are readjusting their climate strategies, raising questions about the sincerity of their decarbonization commitments.
BlackRock acquires a minority stake in Saudi Bahrain Pipeline Company (SBPC) to support the management of Bahrain's energy assets and explore new collaborations in infrastructure.
BlackRock acquires a minority stake in Saudi Bahrain Pipeline Company (SBPC) to support the management of Bahrain's energy assets and explore new collaborations in infrastructure.
Cyberattacks on US energy infrastructure rose sharply in 2024. New studies reveal an upsurge in ransomware and data breaches, highlighting the growing vulnerability of these critical systems.
Cyberattacks on US energy infrastructure rose sharply in 2024. New studies reveal an upsurge in ransomware and data breaches, highlighting the growing vulnerability of these critical systems.
Enel could pull out of Vietnam, following the trend of other Western companies reviewing their renewable energy strategies in the face of regulatory challenges.
Enel could pull out of Vietnam, following the trend of other Western companies reviewing their renewable energy strategies in the face of regulatory challenges.
Qair and Vibracoustic sign a 12-year contract to supply renewable electricity to Poland, with a planned output of 180 GWh per year, reducing energy costs and CO2 emissions by 146,000 tonnes annually.
Qair acquires majority stake in Green Switch Capital, adding 15 GW of renewable energy projects to its UK portfolio, with a focus on solar, wind and storage.
Qair acquires majority stake in Green Switch Capital, adding 15 GW of renewable energy projects to its UK portfolio, with a focus on solar, wind and storage.
Mining and recycling companies in the US are rushing to finalize loans from the Department of Energy, fearing that a Donald Trump comeback will change policies to support critical minerals projects.
Mining and recycling companies in the US are rushing to finalize loans from the Department of Energy, fearing that a Donald Trump comeback will change policies to support critical minerals projects.
Marathon Oil shareholders approve merger with ConocoPhillips. The transaction, expected to be completed by the end of 2024, must still pass key regulatory hurdles.
Marathon Oil shareholders approve merger with ConocoPhillips. The transaction, expected to be completed by the end of 2024, must still pass key regulatory hurdles.

Advertising