Aker Solutions to provide well services for Island Offshore and Statoil

Aker Solutions has been awarded two contracts from Island Offshore to provide well intervention services for Statoil in the North Sea.

Scope of work is to deliver downhole well intervention services from Island Offshore's two riserless well intervention vessels Island Frontier and Island Wellserver. These operations include running of mechanical wireline, electrical wireline and wireline tractor services.

The two contracts are valid for five years plus two optional two-year extensions (5+2+2). They will run from 2015, when the current contracts expire.

Aker Solutions has provided downhole services from Island Frontier since 2006 and Island Wellserver since 2009.

Aker Solutions estimates that the two contracts in total will generate revenues between NOK 400 and 500 million during the firm five-year period.

"Through our cooperation with Island Offshore, Aker Solutions has become the world's most experienced provider of downhole services through riserless light well intervention. To date we have together completed close to 200 interventions on subsea wells. We are thrilled to be able to continue our partnership with them," says Wolfgang Puennel, head of well intervention services in Aker Solutions.

Well intervention services are carried out in an oil or gas well, with the objective of maximising production and increasing the recovery rate of oil and gas. Well intervention has traditionally been performed from fixed platforms. In more recent years, specially equipped ships have been developed to undertake the same type of service on subsea wells, where recovery rates have been much lower.

Aker Solutions' contract party is Aker Well Service AS.

Associated companies:


Related news

Latest news

UiB and CMR in high-tech collaboration

Students from UiB last month joined an experiment with an ultra-high-speed camera. This was a part of the troubleshooting of the Field Kelvin Probe currently under development.

Hatteland Display at International Workboat Show 2016

Hatteland Display are highlighting its diverse portfolio of maritime displays and panel computers on its booth (#1658) at the International Workboat Show 2016 (IWBS 2016) this week.

Servogear Announces Upcoming Events

Servogear announces a busy end of November, beginning of December. They will be participating at important international exhibitions.

Teamtec and ANDRITZ Cooperation

ANDRITZ and TeamTec have signed a cooperation agreement for worldwide marketing of the SeaSOx exhaust gas cleaning system for the maritime industry. 

Export Credit Norway looking for Norway's Best Exporter

Export Credit Norway  has now opened the nomination process for the 2017 Export Award, searching the Norwegian exporter of the year. 

Global Economic Outlook

7 December, Oslo Chamber of Commerce invites to a session with insightful updates on the Norwegian and international economy.

Rebuilding for Hydrogen

M/Y “Che Guevara”, previously owned by Gaddafi, will be converted to run on hydrogen. Greenstat will lead the project and are seeking partners.

Scana training at Servogear

In week 43-45 Servogear  had the pleasure of having Mr. Sun Xiaojia and Mr. Tzuu Kin Tan from Scana staying in the Servogear hometown of Rubbestadneset.

Quality and Customer Satisfaction

Cost efficiency is important. But we can’t rely on cost-cutting alone. At Beerenberg we have asked ourselves the following question: What does it take for the market to continue to choose providers such as Beerenberg in th...