OSLO -- Atwood Oceanics has awarded Aker Solutions a $50-million contract to deliver a complete deepwater marine drilling riser system with buoyancy package and associated equipment.
The 10,000 ft (3,048 m) drilling riser system will be manufactured and delivered out of Aker Solutions' center in Malaysia. Buoyancy modules will be manufactured at the same location by Aker Solutions subsidiary Phoenix Polymers International.
Delivery of the deepwater drilling riser system is scheduled for 2012. It will be used for one of Atwood's semisubmersible drilling rigs.