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| Shell extends Aker Kvaerner frame agreement for subsea technology Shell UK Limited has extended its frame agreement with Aker Kvaerner Subsea by two years and expanded the scope to include Shell Norway. The value of the new contract is estimated to be approximately NOK 230 million. The frame agreement is for the supply of subsea steel tube umbilicals and associated engineering personnel. The first project executed under the agreement will be the Howe Phase 2 project, which will use the same cross-section as the Merganser umbilicals. Under the existing agreement, signed in 2001, Aker Kvaerner has delivered umbilicals for six Shell projects in the British and Dutch sectors of the North Sea including Scoter, Pelican, Howe, Merganser, K15/K7 and K8. The steel tube umbilicals will be manufactured at Aker Kvaerner Subsea's facility in Moss, Norway. Aker Kvaerner is part of the Aker Group, a multi-industry powerhouse with more than 40 000 employees and NOK 60 billion revenues. Aker Kvaerner Subsea is a leading provider of a complete range of surface and subsea solutions for the oil and gas industry. write your comments about the article :: © 2006 Construction News :: home page |