Aker Solutions is progressing construction for various major offshore projects in Norway and Australia, according to the company’s latest results statement.
Activity is increasing on the Johan Castberg project in the Barents Sea, after the hull of the FPSO arrived at Stord in April. Several prefabricated modules have since been installed, including the lower part of the turret.
The second batch of five standardized subsea trees for the development were dispatched from Brazil and have arrived in Norway.
All subsea templates have been installed for Equinor’s Breidablikk project (a tieback to the Grane platform), and fabrication has started in Egersund for Chevron’s Jansz subsea gas compression project off Western Australia.
Delivery continues of further subsea structures for projects for ConocoPhillips and Equinor, and the decommissioned Gyda platform and two others from the Valhall field are in Stord for dismantling. The aim is to recycle 98% of the steel and materials.
As for the Northern Lights carbon storage project in the North Sea, assembly has started in Brazil of the first subsea tree for CO2 injection, with construction also progressing on the subsea template at the Egersund yard.
Aker Solutions has also cut first steel for the Sunrise Wind project and has delivered the 11 floating foundations for the Hywind Tampen floating wind farm in the North Sea, ready for installation of the wind turbines.
Tendering activity for new projects has been high so far this year. Currently the company is bidding for contracts with a total value of about NOK 105 billion ($10.25 billion).
Market activity will likely increase further, especially in offshore oil and gas, helped by Norway’s tax incentives to support the supply sector.
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