Aker Solutions has secured a five-year contract extension from Exxon Mobil Canada Properties on July 28 for the provision of engineering, procurement and construction (EPC) services for the Hebron platform, offshore Newfoundland.
The contract is an extension for a five-year period, starting in the summer of 2020. Aker Solutions has provided EPC services to Hebron since 2015. The work will be led from Aker Solutions’ premises in St. John’s, Newfoundland and Labrador.
Aker Solutions estimates the contract value to be NOK 1.4 billion (US$154 million), which will be booked as order intake in the third quarter of 2020.
“We are delighted to be extending our strong relationship with Exxon Mobil in Canada, and to further strengthen the international footprint of our brownfield services business,” Linda Aase, executive vice president, brownfield projects, at Aker Solutions, said.
Recommended Reading
EQT’s Toby Rice: US NatGas is a Global ‘Decarbonizing Force’
2024-03-21 - The shale revolution has unlocked an amazing resource but it is far from reaching full potential as a lot more opportunities exist, EQT Corp. President and CEO Toby Rice said in a plenary session during CERAWeek by S&P Global.
Watson: Implications of LNG Pause
2024-03-07 - Critical questions remain for LNG on the heels of the Biden administration's pause on LNG export permits to non-Free Trade Agreement countries.
Venture Global Seeks FERC Actions on LNG Projects with Sense of Urgency
2024-02-21 - Venture Global files requests with the Federal Energy Regulatory Commission for Calcasieu Pass 1 and 2 before a potential vacancy on the commission brings approvals to a standstill.
Belcher: Election Year LNG ‘Pause’ Will Have Huge Negative Impacts
2024-03-01 - The Biden administration’s decision to pause permitting of LNG projects has damaged the U.S.’ reputation in ways impossible to calculate.
Despite LNG Permitting Risks, Cheniere Expansions Continue
2024-02-28 - U.S.-based Cheniere Energy expects the U.S. market, which exported 86 million tonnes per annum (mtpa) of LNG in 2023, will be the first to surpass the 200 mtpa mark—even taking into account a recent pause on approvals related to new U.S. LNG projects.