The Norwegian firms more subsea services in offshore oil and gas fields operated by Petrobras in Brazil. The contract has a fixed term of three years and includes the option to extend the contract for a further two years.
In an official press release today (09/06/2021), the scope of the contract covers the full range of subsea lifecycle services for various fields operated by Petrobras off the coast of Brazil. This will include inspection, maintenance, repairs, upgrades and spare parts supply, as well as installation and commissioning services. The framework contract is valid from June 2021 and will be administered from the Aker Solutions service base in Rio das Ostras, in Rio de Janeiro.
The agreement has a strong focus on safe operation and continuous improvement. Aker Solutions will continue its commitment to drive local partnerships, with a local content rate of at least 90 percent. The company focuses on the industrialization of the service provision work in order to increase efficiency, optimize execution and enable the reduction of operating expenses.
“Brazil is a key global offshore market and we look forward to continuing our strong partnership with Petrobras,” said Maria Peralta, Executive Vice President and Head of Subsea Business at Aker Solutions. “Aker Solutions has been present in Brazil for over four decades and we are committed to continuing to deliver our services to help Petrobras maximize the potential of its fields in the safest, most efficient and sustainable way possible.”
Aker Solutions' subsea lifecycle services ensure customers maintain safe operations and deliver increased reliability, improved production and lower costs. It ensures operators maintain full control of the integrity and condition of their assets to enable efficient and informed decisions to meet production targets. Among other services, our maintenance contract also includes sustainable initiatives related to the renovation of existing Petrobras assets.
Petrobras has a substantial portfolio of operated oil and gas fields in Brazil, including deepwater and pre-salt fields. Aker Solutions has installed over the last 25 years around 240 underwater trees for fields operated by Petrobras off the coast of Brazil.
The award will be booked as order entry in the second quarter of 2021 in the Subsea segment. The value represents an estimate of the work planned for the determined period of the contract and will depend on the future demands of the client.
Aker Solutions sets a large contract between NOK 1,2 billion and NOK 2,0 billion. (Norwegian Kroner).
About Aker Solutions
About Aker Solutions offers integrated solutions, products and services for the global energy industry. We enable low-carbon oil and gas production and develop renewable solutions to meet future energy needs. By combining innovative digital solutions and predictable project execution, we accelerate the transition to sustainable energy production. Aker Solutions employs approximately 14.000 people in over 20 countries.
Source: Aker Solutions
