Norwegian oil services firm Aker Solutions has announced a mammoth subsea deal with China National Offshore Oil Corporation (Cnooc).
The deal, worth more than £158 million, will see Aker Solutions supply the subsea production system and umbilicals for the Lingshui 17-2 gas field.
The field is located 93 miles from the Hainan Province in the South China Sea.
The deepwater project, located almost 5000 feet deep, is Cnooc’s first at that depth.
The subsea production system for the Lingshui 17-2 field consists of 11 horizontal subsea trees, four manifolds, topside and subsea control system and a vertical tie-in connection system.
The work scope also includes more than 930 miles of static and dynamic umbilicals, linking the subsea development to a new, semisubmersible platform.
Luis Araujo, chief executive officer of Aker Solutions, said: “We are pleased to extend our partnership with Cnooc in China to the Lingshui gas field and leverage our global deepwater capabilities.
“Our complete offering of a subsea production system and umbilicals will enable Cnooc to reduce costs and maximize the production of the field.”
In August, Aker Solutions confirmed it had sealed contracts valued at more than £32 million to deliver power umbilical systems to Cnooc’s Liuhua oil fields off Hong Kong.
Norwegian firm Aker Solutions agreed to provide 35 kilometers of dynamic and static power umbilicals for the Liuhua 16-2, 20-2 and 21-2 fields, linking the subsea development to a new floating production, storage and offloading (FPSO) unit.