Aker Solutions and Fjords Processing form Alliance

April 17, 2015

FORNEBU, Norway -- Aker Solutions and Fjords Processing have formed an alliance to develop technology and capabilities for advanced, cost-effective wellstream separation and treatment solutions for the subsea and topside oil and gas industry.

The WellSep alliance will apply Aker Solutions' subsea processing experience and testing facilities and Fjords' topside and onshore separation technologies to provide complete solutions.

"This is a great opportunity to further develop our key technologies with one of our most important partners, Aker Solutions," said Rune Fantoft, CEO of Fjords Processing. "Developing our competence in a joint initiative will enable us to increase our focus on produced water and separation technology."

"The alliance will further strengthen our wellstream separation technology portfolio, testing and in-house capabilities," said Alan Brunnen, head of subsea at Aker Solutions. "This brings us one step further in developing fully-fledged subsea production and processing systems that increase oil and gas recovery and lower costs for our customers."

The alliance will have a dedicated team from both companies. Aker Solutions will serve the subsea market while Fjords focuses on the topside segment.

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