International oil service group Aker Solutions has been awarded a contract by Statoil for the extension of the Troll field on the Norwegian continental shelf.
The contract covers the delivery of three subsea trees, tubing hangers and a tool package. Estimated contract value is NOK 250 million.
The extension is a call-off from a contract signed with Statoil in February 2012. The spare tubing hangers will be utilized on several parts of the Troll field.
The Troll field is the world's biggest subsea development with regards to the number of subsea wells. Last year, Aker Solutions reached a major milestone in delivering the 100th subsea tree to the Troll field.
According to a company press release, the Troll contract awards and deliveries have helped shape and develop Aker Solutions' subsea business.
"Troll represents a cornerstone of Norway's offshore oil and gas production with Aker Solutions being involved since 1996. We look forward to executing this contract and assisting Statoil to realise all of the opportunities on the Troll field," says Alan Brunnen, executive vice president of Aker Solutions' subsea business area.
Troll is located in the northern part of the North Sea, approximately 65 kilometres west of Kollsnes, near Bergen in Norway. The field contains 40 per cent of the total gas reserves on the Norwegian continental shelf and is also one of the largest oil fields on the continental shelf. Under this contract, Aker Solutions will deliver equipment to the oil section of Troll.