Feb 13, 2011

Statoil awards Aker Solutions LOI for subsea workover system offshore Norway



Aker Solutions has been awarded a letter of intent (LOI) from Statoil for the engineering, procurement and construction of a subsea workover system for the Vigdis North East development on the Norwegian Continental Shelf. Aker Solutions estimates that the contract value will be approximately US $85 million (NOK 500 million). 
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Source: Penn Energy

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