Aker Solutions Signs Repsol Deal

05 February 2010


Aker Solutions has signed a contract with Repsol Investigaciones Petroliferas SA to deliver subsea equipment to the Spanish oil company's Mediterranean wells.

The deal, which is worth approximately NKr120m, includes manufacturing and delivering 12km of steel tube umbilicals, 8km of subsea power cables, a topside control system and tie-in and connection system.

The deal follows a contract awarded to Aker Solutions in 2008 for the delivery of two subsea trees with control modules to the same field development project.

The new equipment deliveries will complete the subsea production system and are expected to enable Repsol to connect the subsea trees to the production platform, Aker said in a statement.


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