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Aker Yards to build Aker Oilfield $650M in ships

Published Mar 2, 2007

Aker Yards to build Aker Oilfield $650M in ships
courtesy Aker Yards

Aker Yards will build four well-intervention and construction vessels for newly created Aker Group business, Aker Oilfield Services, it was announced Friday.

Some NOK4 billion ($650 million) will change ledgers should the new business not use a cancel option on the final two vessels.

The 157-metre, 18-knot converted Aker OSCV 06 WI craft will arrive in six-month intervals starting in the spring of 2010. Other ship features include “an active heave compensated crane, remotely operated vehicle, launching systems and a Derrick for well-intervention”.

Announced earlier this week, Aker Oilfield owners will be DOF Subsea with 25 percent and 75 percent to the Aker companies behind a new Aker Innovation entity.

 

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By WILLIAM STOICHEVSKI

Nov 22, 2008 + 1 GMT
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