Aker Solutions awarded CNOOC subsea contractNews // November 26, 2010
Aker Solutions has signed a subsea contract with state-owned oil company China National Offshore Oil Corporation (CNOOC) to supply a subsea production system for the Yacheng 13-4 gas field.
The contract was signed at a ceremony at Zhanjiang, China, and is valued at approximately US$20 million.
This is the first subsea production system contract Aker Solutions has signed with CNOOC.
The field development is located in the north of South China Sea, approximately 72km southwest of Sanya City, Hainan Province of the People's Republic of China. The field's water depth is approximately 90m.
The scope of work covers engineering, manufacturing and delivery of three subsea wellhead systems, three gas producing subsea trees, control systems, subsea distribution system and installation support services. Deliveries are expected to begin in the third quarter of 2011.