Aker Solutions Gets $113.6 Million Contract From Equinor
December 11 2020 - 2:32AM
Dow Jones News
By Dominic Chopping
Aker Solutions ASA said Friday it has signed a letter of intent
with Equinor ASA for a 1 billion Norwegian kroner ($114 million)
contract to deliver a subsea production system to the Kristin Sor
oil-and-gas satellite fields in the North Sea.
The oil-and-gas industry service provider said it plans to start
work on the contract during 2021, with delivery complete in the
first half of 2023. The contract also provides options for
additional work.
The new order will be booked in the fourth quarter of 2020.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
December 11, 2020 02:17 ET (07:17 GMT)
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