OSLO-- Maersk Oil North Sea UK has awarded Aker Solutions a 12-month frame agreement for the supply of subsea control systems for existing and future field developments.
The agreement is a rolling contract with an option for annual renewal. For Aker Solutions the contract could be worth approximately $6 million to $7 million per year.
The deal brings subsea controls delivery and service, including lifecycle services, into one contract to support Maersk Oil's projects in the North Sea. It builds on a previous frame agreement that has been in place since 2003.
Equipment under the frame agreement will be engineered, manufactured and delivered out of Aker Solutions' facility in Aberdeen, UK, or hi-tech manufacturing center in Port Klang, Malaysia.