Aker BP has awarded the subsea contracts for the Kobra East & Gekko (KEG) development project to the subsea alliance comprising Aker Solutions and Subsea 7.
The contracts, worth between US$80m and US$136.5m, follow the company’s recent announcement to invest around NOK8bn (US$935m) for the development of the Alvheim field in the North Sea.
The contracts are part of Aker BP’s alliance agreement with Aker Solutions and Subsea 7, signed in 2018.
They form part of long-term subsea SPS and SURF agreements between Aker BP and Aker Solutions and between Aker BP and Subsea 7, signed in 2015.
The scope of works includes engineering, procurement, fabrication and installation of subsea facilities and related tie-in equipment for the KEG project.
The subsea facilities include a subsea production system, four horizontal subsea trees, three-manifolds, control systems, three static subsea umbilicals along with related tie-in equipment and installation work.
The contract works are expected to commence immediately, installation campaigns are planned to begin in the second quarter of 2022 and completed in the first quarter of 2024.
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