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Aker signs first North African surface business contract

Exploration & Production

Aker Solutions will be the sole supplier of all surface wellhead equipment for the Egyptian oil giant Badr Petroleum Company after the two parties signed a two-year frame agreement

The contract has marked the entrance of Aker Solutions’ surface business into North Africa and will cover installation and lifecycle services operations in Egypt’s western desert.

Aker Solutions president of Asia Pacific, Dave Hutchinson, 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.”

The contract, which will be delivered out of Aker Solutions’ surface products manufacturing centre in Batam, Indonesia, was signed and booked as an order intake for the first quarter of 2012.

Aker Solutions employs more than 23,000 people in more than 30 countries, of which approximately 320 staff work at its Batam facility, which underwent a major upgrade in 2009.

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