Aker wins Egyptian well-head contract
Aker Solutions has signed a two-year frame agreement with Egyptian oil giant Badr Petroleum Company (Bapetco). Aker Solutions will be the sole supplier for all of the oil company's surface wellhead equipment, installation and lifecycle services operations in the Western Desert of Egypt. Contract value is undisclosed.
Dave Hutchinson, president of Aker Solutions in Asia Pacific said, "We are very excited about this award, as it marks the successful entry of our surface business into the Egyptian and North African markets. Our ambition is to grow Aker Solutions' operations in the Middle East and North Africa.”
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/13042012/aker-solutions-wins-egyptian-well-head-contract/
You might also like
Rystad Energy: Gulf shut-ins could reduce regional crude output by 70% if US-Iran war drags on
Rystad Energy analysis shows that in a worst-case scenario, Middle East crude output could fall to approximately 6 million bpd, a region-wide reduction of 70% from the pre-conflict baseline.