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Aker Solutions wins Chinese contract for drilling equipment

Exploration & Production

A subsidiary of Honghua Holding of China has awarded Aker Solutions a US$64mn contract to deliver high specification drilling equipment components for seven new onshore drilling rigs in the region.

Honghua is building a series of seven drilling rigs for a premier drilling company in the Middle East. The contract includes options for another four identical deliveries.

Completion in 2013

Aker Solutions will deliver the first equipment sets to the customer in the fourth quarter of 2012. All equipment deliveries will be completed by the summer of 2013.

Drilling components

Each drilling equipment delivery includes a drawwork, three mud pumps, a 1,000 tonnes top drive and other equipment from Aker Solutions. The majority of the equipment will be delivered from Aker Solutions' subsidiary in Erkelenz, Germany.

Proven execution ability

"This contract underlines the quality of Aker Solutions' drilling equipment portfolio, combined with our proven execution ability on multi-rig projects and that our drilling expertise and high specification equipment can be applied in the onshore drilling market," says Thor Arne Håverstad, executive vice president and head of drilling technologies in Aker Solutions.