Aker BP awards $500 million contract to TechnipFMC for Utsira High project

World Oil Staff January 31, 2023

(WO)— Aker BP has awarded TechnipFMC an integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract worth at least $500 million. The contract is for the development of Aker BP’s Utsira High project.

The contract brings together three projects that will tie back to the Ivar Aasen and Edvard Grieg production platforms. TechnipFMC will engineer, procure, construct, and install the subsea production systems, controls, pipelines, and umblicals for the development. It follows a two-year integrated front-end engineering and design (iFEED™) study to optimize field layout.

Jonathan Landes, President, Subsea at TechnipFMC, commented, “Aker BP is joining the growing list of clients who are choosing the benefits of our integrated model, which include an acceleration in time to first production. Our familiarity with the Utsira High area and the success of our installed base there were key components in receiving this direct award. We have valued our dialogue with Aker BP during this process and we are excited about collaborating with them on Utsira High.”