Latest News

Aker Solutions has entered a master agreement to provide umbilicals for Chevron-operated oil and gas fields in the US Gulf of Mexico. The company also secured the first work order under the new master agreement, to provide 24 kilometers (15 miles) of umbilicals for Chevron’s Anchor project.

ASCO, a global integrated materials and logistics management company, has acquired full ownership of NORM Solutions Ltd, a leading provider of specialist cleaning, treatment and disposal services for oilfield equipment contaminated with Naturally Occurring Radioactive Materials (NORM).

BW Offshore has signed a five-year contract for the lease and operation of the BW Pioneer on the Cascade and Chinook fields on behalf of MP Gulf of Mexico, LLC (MP GOM) with a five-year option to extend. The firm period commences in direct continuation of the current contract and lasts until March 2025.

Aker BP is updating its investment program and financial framework in order to secure additional financial optionality in response to the high uncertainty caused by the COVID-19 crisis. 

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