Aker BP and Aker Solutions form modification alliance

Aker BP and Aker Solutions have inked an alliance.
Aker BP and Aker Solutions have inked an alliance.

Nordic oil firm Aker BP and oilfield services company Aker Solutions have announced the formation of a strategic alliance to deliver modification projects on three of Aker BP’s fields.

The deal is based on an alliance agreement signed in 2015 between BP Norge and Aker Solutions.

It encompases all modification work on the offshore installations on the Valhall, Ula and Skarv fields within the Norwegian North Sea.

Aker Solutions said fabrication workshops in Egersund and Sandnessjoen will also deliver work through the modification alliance.

Olav Henriksen, SVP Projects at Aker BP, said: “We have worked closely with Aker Solutions for many years and are proud to establish this alliance – perhaps the first and largest of its kind on the Norwegian shelf. The agreement is in line with Aker BP’s strategy of entering into long-term, predictable agreements with partners.”

The working group for the modification alliance was established in April.

The organisation, with nearly 500 people, is co-located in Stavanger.

Marie Ravnestad, VP modification projects at Aker BP, said: “We know that we depend on both us and our suppliers evolving in order to compete in a future market. Aker BP and Aker Solutions have worked together to streamline work processes in recent years. There was still a strong desire from both companies to establish an alliance for modification projects.

“We have done a lot of work to describe how to define the scope of work for each installation. It was important to establish an agreement with common incentives to secure that good results reward both parties.”

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