Aker Solutions gets contract extension from Nexen

June 30, 2010
Aker Solutions has secured a three-year contract extension for engineering and construction work with client Nexen Petroleum UK Ltd. in the UK sector of the North Sea.

Offshore Staff

LYSAKER, Norway – Aker Solutions has secured a three-year contract extension for engineering and construction work with client Nexen Petroleum UK Ltd. in the UK sector of the North Sea. The value of the contract is estimated to be ₤60 million ($90 million).

Nexen Petroleum UK Ltd. is extending the engineering and construction contract with Aker Solutions, releasing an extended option on the existing agreement. The original E&C contract with Nexen was signed in April 2005. Aker Solutions scope of work for Nexen involves engineering, procurement, and construction services for Nexen’s UK North Sea assets.

Work under the extended contract is ongoing and will last until April 2013. The contract parties are Nexen Petroleum UK Ltd. and Aker Solutions’ subsidiary Aker Offshore Partner Ltd.