Aker Solutions signs with ConocoPhillips

Aker Solutions has signed a frame agreement with ConocoPhillips Norway for future modification contracts on their installations in the Greater Ekofisk Area of the North Sea.

The scope of the agreement is not defined; however, the frame agreement opens up for activities ranging from pre-studies to complete total contracts (Engineering, Procurement, Construction, and Installation).


The agreement is valid from now and until the end of 2010, with optional extensions for 2+2 years.
 

Aker Solutions ASA, through its subsidiaries and affiliates ("Aker Solutions"), is a leading global provider of engineering and construction services, technology products and integrated solutions. Aker Solutions' business serves several industries, including oil & gas, refining & chemicals, mining & metals and power generation. The Aker Solutions group is organised in a number of separate legal entities. Aker Solutions is used as the common brand/trademark for most of these entities. 

 
Aker Solutions' parent company is Aker Solutions ASA.  Aker Solutions has aggregated annual revenues of approximately NOK 58 billion and employs approximately 22 000 people in about 30 countries.

 
Aker Solutions is part of Aker ASA, a group of premier companies with a focus on energy, maritime and marine resource industries. The Aker companies share a common set of values and a long tradition of industrial innovation. As an industrial owner controlling 40.27 percent of the shares in Aker Solutions through Aker Holding AS, Aker ASA takes an active role in the development of Aker Solutions.