Aker Solutions has been contracted by Statoil to provide engineering, procurement and construction services for the Troll Phase 3 project in the North Sea and Askeladd project in the Barents Sea.

The scope of the contracts, estimated to be valued between Nkr1.5bn-Nkr2bn ($190.77m-$254.36m), includes the provision of subsea production systems and services, along with providing installation and commissioning support services.

Both companies involved in the transaction are based in Norway.

ExxonMobil has entered an agreement for the acquisition of the rights for the development of the Deepwater Cape Three Points block from the Government of Ghana.

“The Deepwater Cape Three Points block lies in water depths of 1,550m-2,850m, covering an area of approximately 366,000 acres.”

Located 92km offshore from Ghana, the Deepwater Cape Three Points block lies in water depths of 1,550m-2,850m, covering an area of approximately 366,000 acres.

Following the acquisition, ExxonMobil will hold 80% interest in the block and serve as operator of the block. Ghana National Petroleum will hold a 15% stake, while the remaining 5% will be held by a local company.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The acquisition is in line with ExxonMobil’s strategy to pursue high-quality projects.

ExxonMobil is a US-based oil and gas company.

Reach Subsea has secured a contract from BP for using the Normand Reach vessel on the Mungo field located in the North Sea.

Reach Subsea is a Norwegian engineering and consultancy services provider.