Aker lands first Spanish contract

Repsol YPF has awarded a subsea contract to Aker Kværner.

Feb 7th, 2008

Offshore staff

LYSAKER, Norway -- Repsol YPF has awarded a subsea contract to Aker Kværner. This is a first for both companies. The deal is for the delivery of a subsea production system to the Montanzo and Lubina projects off eastern Spain. This also is Aker Kværner's first subsea project in the region.

Scope of work includes engineering, procurement, and construction of two subsea trees with control systems, connections, and overtrawlable structures. The equipment is scheduled to be delivered in Q1 2009.

The project will be managed out of Oslo, Norway. Subsea trees will be manufactured at Tranby, Norway, and control systems in Aberdeen, UK.

02/07/2008

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