Aker Solutions secures LoI for Breidablikk subsea production system
June 24, 2020
Equinor has awarded Aker Solutions a letter of intent for the delivery of a subsea system for the Breidablikk project in the North Sea.
Offshore staff
LYSAKER, Norway – Equinor has awarded Aker Solutions a letter of intent for the delivery of a subsea system for the Breidablikk project in the North Sea.
The scope of work covers a complete subsea production system and associated equipment that includes 15 subsea trees in the first phase.
The work will be carried out at the company’s locations in Fornebu, Tranby and Egersund, with additional deliveries from the UK and Brazil.
The potential contract value is about NOK 2 billion ($207 million), excluding options.
Breidablikk is a large oil discovery that will be developed as a subsea tieback to the Grane field platform to the southeast. Equinor and its partners plan for an investment decision later this year.
The letter of intent is subject to the final investment decision and a final approval of the project by Norwegian authorities.