Aker wins US$250 million Total Angola contract

The Skandi Aker. (Image source: Aker Solutions)The Skandi Aker. (Image source: Aker Solutions)Aker Oilfield Services has been awarded a contract by Total E&P Angola to provide subsea intervention services from Aker's purpose-built intervention vessel, Skandi Aker

The agreement is valid for two years and worth approximately US$250mn.

The contract also includes three further, optional one-year periods.

The start-up of operations is planned to take place offshore Angola in early 2013.

Skandi Aker is the first well service vessel of its kind capable of performing riser-based subsea well intervention in deep and ultra-deep waters.

"Skandi Aker is able to perform deepwater well intervention services that oil companies previously needed drilling rigs to conduct,” said Karl Erik Kjelstad, president of Aker Oilfield Services.

“More importantly we do it quicker and more cost effectively, which will increase the frequency of intervention operations and enable our customers' subsea wells to produce more oil and gas.

"We are thrilled with this award and to be able to deliver on our vision of developing a cost effective technology for intervention activities at deepwater subsea fields.”

Skandi Aker will perform subsea intervention activities related to well re-entry for testing operations, well re-entry for interventions using wireline, coil tubing and well stimulations, running/lifting subsea trees with cable or work-over riser and the suspension or plug and abandonment of wells.

Downhole well services, well test services and ROV services will be provided through separate contracts, outside Aker Solutions' scope of services for Total E&P Angola.

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