Aker Solutions gets $114M Kristin Sør deal from Equinor December 11, 2020, by Bojan Lepic
Norwegian engineering firm Aker Solutions has signed a letter of intent with compatriot oil major Equinor for the delivery of a subsea production system to the Kristin Sør oil and gas satellite fields in the North Sea.
Aker Solutions said on Friday that the contract value was about
NOK 1 billion ($114.3 million), with options for some additional work. The
intention is to start work during 2021 and to complete the delivery in the
first half of 2023.
Source: Aker Solutions
The Kristin Sør development consists of the fields Lavrans and Kristin Q, both satellites to the existing Kristin platform. The planned scope will include a subsea template with four of Aker Solutions’ standardized vertical subsea trees for the Lavrans Centre.