The agreement will allow Sonsub and Aker Marine Contractors to optimise the use of their respective resources and assets. Both parties will provide services, vessels and equipment to support joint projects. North Sea projects will be the initial focus of the agreement; however the deep waters of the Gulf of Mexico and West Africa will provide some of the best opportunities for the application of the two companies' joint offering.
Shortly after the agreement was signed, the managing directors Giorgio Martelli from Sonsub and Torgeir Ramstad from Aker Marine Contractors gave a joint statement: "By joining forces on a selected number of high profile jobs, we will create added value for our customers. Our combined strengths will allow greater technical challenges to be met, together with a more optimised deployment of our combined resources".
Under the agreement, Aker Marine Contractors and Sonsub will jointly identify projects where their resources, know-how and innovative technologies can be combined. This will again offer new and more cost-effective solutions to the increasing demands of the subsea construction and decommissioning market.
Aker Marine Contractors and Sonsub will bring different areas of service and equipment to the agreement. Among the key resources to be shared is an extensive and highly advanced fleet of vessels - including the Boa Deep C, Boa Deep C II and the Normand Cutter. Furthermore, a comprehensive array of subsea construction equipment will be part of the agreement.
ENDS
For further information, please contact:
Media:
Siw Anett Enerud, Communication Manager, Aker Kvaerner Products & Technologies. Tel: +47 22 94 71 92, Mob: +47 951 93 415
Siw Anett Enerud, Communication Manager, Aker Kvaerner Products & Technologies. Tel: +47 22 94 71 92, Mob: +47 951 93 415
Torgeir Ramstad, President, Aker Marine Contractors, Tel: +47 22 94 55 05, Mob.:+47 915 98 690
Mario Lusian, Business Development Manager, Sonsub. Tel: +44 (0) 1224 843434
Investor relations:
Lasse Torkildsen, Vice President, Aker Kvaerner, Group Comms. Tel: +47 67 51 30 39
Lasse Torkildsen, Vice President, Aker Kvaerner, Group Comms. Tel: +47 67 51 30 39
Notes to Editors:
Sonsub
Sonsub is a leading provider of remote subsea systems technology to the offshore oil and gas industry, specialising in innovative engineering, construction and maintenance services.
Sonsub is a leading provider of remote subsea systems technology to the offshore oil and gas industry, specialising in innovative engineering, construction and maintenance services.
For more than twenty years, Sonsub has been developing and operating subsea systems, which have been the basis for our expansion into subsea field development, remote intervention and inspection, repair and maintenance activities.
As a wholly owned subsidiary of Saipem, Sonsub has access to a strong worldwide network of skills, resources and knowledge.
AKER KVÆRNER ASA, through its subsidiaries and affiliates ("Aker Kvaerner"), is a leading global provider of engineering and construction services, technology products and integrated solutions. The business within Aker Kvaerner comprises several industries, including Oil & Gas, Refining & Chemicals, Mining & Metals, Pharmaceuticals & Biotechnology, Power Generation and Pulp & Paper. The Aker Kvaerner group is organised into two principal business streams, namely Oil & Gas and E&C, each consisting of a number of separate legal entities. Aker Kvaerner is used as the common brand/trademark for most of these entities. The parent company in the group is Aker Kværner ASA. Aker Kvaerner has aggregated annual revenues of approximately NOK 35.6 billion and employs approximately 22,000 people in more than 30 countries.
The Aker Kvaerner group consists of a number of separate legal entities. Aker Kvaerner is used as the common brand/trademark for most of these entities. The parent company in the group is Aker Kværner ASA.
Aker Marine Contractors provide marine operational and contracting services to the oil and gas industry world-wide. These services include concept development, detail engineering, procurement, fabrication, and the performance of marine operations such as sub-sea construction and installation activities. Aker Marine Contractors shoulder the responsibility for substantial values, especially when towing and installing floating facilities, gravity base structures, and platform decks. Aker Marine Contractors together with partners possess the competence and the specialised equipment needed to successfully plan, engineer, and install subsea structures, risers, umbilicals, flowlines and mooring systems in ultra deep waters.
This press release may include forward-looking information or statements and is subject to our disclaimer, see our web-pages www.akerkvaerner.com