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.
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.
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 is a Norwegian engineering and consultancy services provider.