Aker Kvaerner awarded India, US gulf contracts

Jan. 15, 2007
Norway's Aker Kvaerner has won separate contracts worth a total $273 million for marine equipment installation in the Gulf of Mexico and India.

Uchenna Izundu
International Editor

LONDON, Jan. 15 -- Norway's Aker Kvaerner has won separate contracts worth a total $273 million for marine equipment installation in the Gulf of Mexico and India.

In India, Aker Kvaerner signed a letter of intent with Aker Floating Production to install a complete subsea production system, floating production, storage, and offloading vessel and mooring system. The subsea production system, which includes trees, manifolds, controls, and umbilicals, will be installed by February 2008 in 1,100-1,400 m of water.

Houston-based Atlantia Offshore Ltd. awarded Aker Kvaerner a $23 million contract to install a semisubmersible floating production unit for the Thunder Hawk development in the Gulf of Mexico by second quarter 2008. Atlantia will own the FPU, and Murphy Exploration & Production Co. will operate the platform. The FPU will be moored in 1,800 m of water.

The Thunder Hawk system will be capable of producing 60,000 b/d of oil and 70 MMcfd of gas. Aker Marine Contractors, a subsidiary of Aker Kvaerner, will install the spread mooring system, provide transportation, and hook up the FPU using the BOA Sub C offshore construction vessel.

Contact Uchenna Izundu at [email protected].