(WO) — Aker Options has secured a five-year brownfield providers contract extension from ExxonMobil Canada Properties, as operator of the Hebron platform offshore Newfoundland and Labrador. The settlement covers continued upkeep and modification (M&M) providers and can be booked as an order consumption within the fourth quarter of 2025 underneath the corporate’s Life Cycle section.
Hebron offshore platform
The brownfield M&M contract represents a major award, valued between NOK 1.5 billion and NOK 2.5 billion. It extends the unique engineering, procurement, and building (EPC) enabling settlement awarded in 2015, underneath which Aker Options has delivered a variety of platform upgrades and modifications.
“We’ll leverage our multi-discipline Undertaking Execution Mannequin to ship fit-for-purpose options with pace and precision, making certain profitable outcomes whereas lowering prices,” mentioned Paal Eikeseth, Govt Vice President and Head of Aker Options’ Life Cycle enterprise.
The work can be managed from Aker Options’ St. John’s workplace, the place the corporate has expanded its workforce from 100 to 350 staff in recent times. The undertaking underscores Aker Options’ long-term dedication to Canada’s East Coast oil and fuel business, the place it has supplied multi-disciplinary providers for greater than three many years.
“We’re happy to proceed our collaboration with ExxonMobil Canada Properties, as operator of the Hebron platform,” Eikeseth added. “Canada is a key marketplace for us, and we stay centered on delivering robust buyer worth by means of our native capabilities and expertise.”