Aker Solutions Gets Contract From Equinor for Work on Asgard B Platform
March 04 2021 - 9:23AM
Dow Jones News
By Dominic Chopping
STOCKHOLM--Norwegian oil-and-gas industry service provider Aker
Solutions ASA said Thursday it has been awarded a substantial
contract from Equinor ASA for modifications on the Asgard B gas and
condensate platform to enable increased production.
The company defines a substantial contract as being worth
between 700 million and 1.2 billion Norwegian kroner ($82.5
million-$141.5 million).
Scope of the contract includes engineering, procurement,
construction and installation of new equipment. Work starts
immediately and is scheduled to be completed in 2024, it said.
Asgard B is a semisubmersible gas and condensate processing
platform which is part of the Asgard field, on the Norwegian
continental shelf.
The contract will be booked as order intake in the first quarter
of 2021.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
March 04, 2021 09:08 ET (14:08 GMT)
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