ingenuity delivered - Aker Solutions
ingenuity delivered - Aker Solutions
ingenuity delivered - Aker Solutions
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<strong>ingenuity</strong> <strong>delivered</strong>
<strong>ingenuity</strong> <strong>delivered</strong><br />
<strong>ingenuity</strong> <strong>delivered</strong><br />
<strong>Aker</strong> <strong>Solutions</strong> is one of the world’s leading oilfield<br />
products, systems and services companies<br />
We deliver <strong>ingenuity</strong>.<br />
It’s in our DNA.<br />
<strong>Aker</strong> <strong>Solutions</strong> is one of the world’s<br />
leading companies within oilfield<br />
products, systems and services.<br />
Our knowledge and technologies<br />
span from reservoir to production,<br />
and through the life of a field.<br />
People and countries around the world<br />
require energy to fulfil their ambitions<br />
for development and growth. The easily<br />
accessible energy resources are being<br />
depleted and we need new knowledge<br />
and technology in order to produce new<br />
reserves in a responsible manner.<br />
<strong>Aker</strong> <strong>Solutions</strong> is about the application<br />
of knowledge in order to deliver the best<br />
products, systems and services to meet<br />
these objectives. We deliver <strong>ingenuity</strong>.<br />
It’s in our DNA.<br />
Our company is rooted in the industrial<br />
revolution of Northern Europe. Our history<br />
can be traced back to 1841 when a small<br />
workshop was set up on the banks of the<br />
<strong>Aker</strong> river in Oslo, Norway. Mechanical and<br />
marine engineering soon became the core<br />
of our business.<br />
In the 1960s oil companies discovered<br />
oil and gas in the North Sea. Our engineers<br />
shifted focus and soon became pioneers<br />
in the development of this region, which<br />
still holds the position as the biggest<br />
single market for the offshore oil and<br />
gas industry.<br />
We are building our future on this heritage,<br />
but also on the capabilities and resources<br />
of the many people and companies who<br />
have since become part of <strong>Aker</strong> <strong>Solutions</strong>.<br />
Today we are present in 30 countries on<br />
every continent. We are approximately<br />
18.000 people who all share the same<br />
values.<br />
Ingenuity enables us to deliver products,<br />
systems and services throughout the<br />
major oil and gas producing regions<br />
across the world.<br />
Our values
<strong>ingenuity</strong> <strong>delivered</strong><br />
<strong>ingenuity</strong> <strong>delivered</strong><br />
In 1985 one of our engineers<br />
made a quick sketch on<br />
a napkin. At the time the<br />
technology didn’t exist.<br />
This is <strong>ingenuity</strong> <strong>delivered</strong><br />
Today that idea is reality. The<br />
ground breaking subsea gas<br />
compression system is a world<br />
first and a technological leap.<br />
<strong>Aker</strong> <strong>Solutions</strong> brings together engineering,<br />
technologies and services for oil and gas<br />
drilling, field development and production.<br />
We apply our knowledge to deliver<br />
better solutions. Our expertise is the<br />
result of our long track record in the<br />
industry, our involvement with a wide<br />
range of ambitious and professional<br />
customers and the challenges that we<br />
have faced and solved together.<br />
In the 1960s, our first involvement in the<br />
oil and gas industry was to convert and<br />
prepare existing offshore units for the<br />
harsh and difficult conditions in the North<br />
Sea. Shortly after we started developing<br />
our own solutions. The <strong>Aker</strong> H-3 drilling<br />
rig was one of the first. Forty years and<br />
[37] units later, it is still one of the most<br />
celebrated rig concepts in the industry.<br />
We have created new technology ever<br />
since. Faced with the challenges of the<br />
North Sea, the oil industry had to come<br />
up with good, safe and reliable solutions<br />
for the development and operation of<br />
deepwater fields and difficult reservoirs.<br />
<strong>Aker</strong> <strong>Solutions</strong> and other players in<br />
that region became pioneers in subsea<br />
field development, floating production<br />
concepts, horizontal wells and increased<br />
oil recovery.<br />
In 1985 an <strong>Aker</strong> <strong>Solutions</strong> engineer<br />
came up with the idea of moving gas<br />
compression equipment from the topside<br />
and place it at the bottom of the sea.<br />
The subsea gas compression solution<br />
produces pressure which allows the<br />
hydrocarbons to travel up the pipelines to<br />
a platform or receiving terminal onshore.<br />
His visionary first idea first captured<br />
with a pencil on a thin sheet of paper is<br />
becoming a reality at a deepwater field in<br />
the Norwegian Sea.<br />
Our innovative solutions are both big<br />
and small. We developed the Pusnes<br />
safe chainstop for the safer anchoring<br />
of offshore units, combining the normal<br />
chainstopper function with a new safety<br />
device. This device will arrest a rendering<br />
chain, protecting the winch motor and<br />
equipment against damages during<br />
anchoring operations. A small device that<br />
can make a major difference.<br />
These are just a few examples of how<br />
we apply our knowledge and how new<br />
solutions become reality when we tackle<br />
challenges with competence.<br />
This is <strong>ingenuity</strong> <strong>delivered</strong>.
<strong>ingenuity</strong> <strong>delivered</strong><br />
<strong>ingenuity</strong> <strong>delivered</strong><br />
From reservoir to production<br />
Our portfolio of oilfield products,<br />
systems and services stretches all<br />
the way from the reservoir to the<br />
wellstream processing systems that<br />
generate marketable and valuable<br />
hydrocarbon products. Our target<br />
is to deliver the best. Each product,<br />
system and service competes on<br />
a stand-alone basis in the market.<br />
But, with our broad portfolio and<br />
know-how, we understand the<br />
challenge and apply the knowledge<br />
to create the solutions. Here are<br />
some examples, from reservoir to<br />
production.<br />
1 Reservoir, geology<br />
Understanding what is in the reservoir<br />
and how it can be drained is the ultimate<br />
challenge for our customers. Finding a<br />
good solution starts with geo services,<br />
such as geological and geophysical<br />
interpretation, petro physics, reservoir<br />
modelling and simulation, production<br />
technology and operation, and well site<br />
geology. We are the largest petroleum<br />
sub-surface consultancy in Norway.<br />
2 Deepwater drilling<br />
Offshore drilling places enormous<br />
importance on efficient and reliable<br />
operations. The drilling equipment and<br />
systems we deliver are based on forty<br />
years extensive experience, with safety<br />
and drilling uptime as top priority.<br />
3 Drilling risers<br />
At water depths of up to 12,000 feet,<br />
connecting and disconnecting riser joints<br />
fast and safely saves time and improves<br />
safety. <strong>Aker</strong> <strong>Solutions</strong>’ CLIP riser is a<br />
significantly faster solution than traditional<br />
flanged riser connectors.<br />
4<br />
Many new fields typically have higher<br />
pressures and temperatures, and require<br />
longer step-outs. We provide complete<br />
subsea production systems and additional<br />
products such as work-over systems and<br />
processing and boosting technologies.<br />
Together they form a reliable solution to<br />
drain challenging deep-water reservoirs.<br />
Some reservoirs require gas compression<br />
to ensure optimal well stream and<br />
recovery. The world’s first subsea gas<br />
compression system is currently being<br />
built by <strong>Aker</strong> <strong>Solutions</strong>, replacing a<br />
traditional platform and instead placing the<br />
entire compression system on the seabed.<br />
5 Umbilicals<br />
Our umbilical and power cable systems<br />
enable safe and reliable control of<br />
subsea wells and the wellstream. We are<br />
the global market leader for steel tube<br />
umbilicals, which we have <strong>delivered</strong> to<br />
the world’s most challenging fields in<br />
deep and ultra-deep waters.<br />
6 Hydrate inhibition<br />
Avoiding the formation of ice and hydrates<br />
in the well stream is important to maintain<br />
the flow from reservoir to production<br />
facility. We combine flow assurance<br />
analyses, in-house umbilical and subsea<br />
equipment expertise, with a world-leading<br />
understanding of MEG (monoethylene<br />
glycol) regeneration and reclamation<br />
to provide a highly efficient, recyclable<br />
hydrate inhibition solution.<br />
7<br />
Subsea production systems<br />
Surface trees<br />
The majority of the world’s hydrocarbons<br />
continue to flow through wellheads on<br />
land and on platforms fixed to the seabed.<br />
Our special Splitter wellhead allows<br />
you to drill up to three wells from a<br />
single wellbore.<br />
8 Mooring equipment<br />
As the oil industry has moved offshore<br />
to ever more hostile environments, the<br />
secure mooring of vessels is crucial. Our<br />
mooring equipment includes Pusnes<br />
anchor windlasses and various winches,<br />
all designed to withstand and perform in<br />
all conditions, from hurricanes to -50˚c.<br />
9 Process systems technologies<br />
Efficient treatment of oil, gas, produced<br />
water and solids is key to value creation<br />
in the upstream business. Our specialised<br />
products, technologies and services cover<br />
design and engineering of new process<br />
systems as well as maintenance and<br />
modification of existing systems.<br />
10 Sulphate removal<br />
Injecting treated and de-sulphated<br />
seawater into the reservoir helps maintain<br />
pressure and control scaling and souring<br />
effects in the reservoir. The sulphate<br />
removal technology we provide delivers<br />
treated and de-sulphated seawater for<br />
injection into the reservoir, which provides<br />
cost savings and improves safety when<br />
handling wellstreams.<br />
11 Asset integrity management<br />
Making the most of your production assets<br />
requires just the right maintenance at just<br />
the right time. By applying knowledge and<br />
advanced technologies and methods, we<br />
provide optimised life-cycle maintenance<br />
that reduces inspection costs for offshore<br />
oil and gas operators.<br />
12 Well intervention<br />
Ensuring an unobstructed flow of<br />
hydrocarbons from the reservoir typically<br />
will require well intervention and a range<br />
of down hole services. Our wide range<br />
of offers includes slick line and wire line<br />
operations, wire line tractor and related<br />
applications as well as cased hole logging.<br />
Our new deepwater well intervention<br />
vessels offer a faster and more costefficient<br />
alternative to conventional<br />
well intervention by drilling rigs.<br />
13 Offshore loading systems<br />
Field development in arctic conditions<br />
requires special equipment such as<br />
offshore loading systems. Pusnes<br />
offshore bow loading systems are<br />
designed for high performance in<br />
extreme weather conditions.<br />
12<br />
8<br />
3<br />
2<br />
11<br />
5<br />
4<br />
10<br />
9<br />
7<br />
13<br />
1<br />
6
<strong>ingenuity</strong> <strong>delivered</strong><br />
<strong>ingenuity</strong> <strong>delivered</strong><br />
Through the life of a field<br />
Geological interpretation<br />
Exploration drilling<br />
Production testing<br />
Concept, FEEDs<br />
Detail design, project management<br />
Hook-up, completion and<br />
commissioning<br />
Process optimisation<br />
De-bottle-necking<br />
Secondary recovery (IOR)<br />
Water, gas injection<br />
Tie-ins<br />
Drilling upgrades<br />
Platform upgrades<br />
Tertiary recovery (EOR)<br />
Low pressure production<br />
Well intervention services<br />
Planning of safe decommissioning<br />
and removal<br />
Exploration<br />
Development<br />
Production<br />
Decommissioning<br />
From deciphering geological findings until<br />
decommissioning, we have the expertise<br />
to help you through the life of the field.<br />
The journey, which can stretch several<br />
decades, typically starts with a joyful<br />
message from the exploration drilling<br />
crew about a promising new discovery.<br />
Coming full circle the journey should<br />
take you back to the beginning, a clean<br />
and pristine seabed or field of land,<br />
which should bear little or no mark<br />
of industrial activity.<br />
The discovery moves from promising to<br />
proven reserves. The field develops with<br />
reliable and efficient production facilities.<br />
With our help you are able to safely<br />
operate, maintain and modify facilities to<br />
secure optimal depletion of the reservoir.<br />
And towards the end of field life, we help<br />
you carefully plug and abandon the wells,<br />
remove and recycle the installations.<br />
A successful development requires<br />
understanding of these different stages<br />
of the life of the field. The more you can<br />
predict about future production, the<br />
better. The more flexible and versatile the<br />
development concept is, the easier it will<br />
be to manage.<br />
This is what <strong>Aker</strong> <strong>Solutions</strong> can do.<br />
Our knowledge and experience cover<br />
every stage from the exploration through<br />
to decommissioning and removal of<br />
installations.<br />
Our front-end wellstream and conceptual<br />
design engineers know how to develop<br />
the field.<br />
Our geologists and well intervention<br />
specialists understand how to work the<br />
reservoir and stimulate wells to keep the<br />
oil and gas flowing.<br />
Our process engineers know how to<br />
manage and optimise the wellstream from<br />
reservoir to product, and how to manage<br />
the flow when new fields are tied-back to<br />
existing facilities.<br />
Our asset integrity and maintenance<br />
teams know when and how to intervene to<br />
protect and extend the life of your assets.<br />
They also know how to plan for safe<br />
decommissioning and platform removal<br />
when the life of the field comes to an end.
<strong>ingenuity</strong> <strong>delivered</strong><br />
<strong>ingenuity</strong> <strong>delivered</strong><br />
The 2011 class of the<br />
International Talent<br />
Programme<br />
We give people opportunities to develop their skills<br />
- wherever we are in the world<br />
The oil industry is a highly competitive<br />
industry. At <strong>Aker</strong> <strong>Solutions</strong> we<br />
understand the need to secure a<br />
leading position by attracting the best<br />
people and gaining access to the<br />
best knowledge. Staying competitive<br />
has become a battle for talents and<br />
for access to new and emerging<br />
technologies. To win this battle we<br />
have developed and continue to<br />
develop valuable long term relations<br />
with leading universities and research<br />
institutions. We have also created<br />
an International Talent Programme<br />
and several local technical graduate<br />
programmes in key regions to capture<br />
young talents who can become<br />
prosperous individuals, driving our<br />
company forward.<br />
As the industry matures, the need for<br />
a new generation of technology and<br />
products is a necessary means to staying<br />
on top. The result is that we have to<br />
be part of the groundbreaking ideas of<br />
tomorrow, through collaboration with<br />
various educational institutions.<br />
Recently <strong>Aker</strong> <strong>Solutions</strong> signed a frame<br />
agreement with the leading engineering<br />
university in Norway, NTNU in Trondheim.<br />
Under this frame agreement we are<br />
currently running four PhD programmes.<br />
The knowledge based engineering<br />
(KBeDesign) programme focuses on<br />
improving quality and reducing cost and<br />
time. The PhD programme within tribology,<br />
is part of mechanical engineering, taking<br />
a closer look at the science of surfaces in<br />
motion, while the marine hydrodynamics<br />
PhD focuses on liquids in motion. The final<br />
PhD programme centres on multiphase<br />
boosting technology, a science that allows<br />
increased oil recovery from the reservoirs.<br />
Seeing people as part of the solution to<br />
meeting the technology of tomorrow, we<br />
started the International Talent Programme<br />
in 2006. The objective of the programme<br />
is to supply and develop talents to help<br />
expand our capabilities in winning and<br />
executing new business in growing<br />
markets. The talents spend two intensive<br />
years on three separate assignments<br />
within the company. They are mentored<br />
throughout the process in order to best<br />
support their abilities. Today 90% of<br />
the talents are full time employees in<br />
<strong>Aker</strong> <strong>Solutions</strong>, of which many hold key<br />
positions in our growth regions.<br />
Once we hire an employee, there are<br />
multiple ways of growing within our global<br />
company. Our internal academy, called<br />
<strong>Aker</strong> Academy, helps <strong>Aker</strong> <strong>Solutions</strong><br />
employees to grow and develop. It is a<br />
virtual entity in which programmes and<br />
activities are built around developing core<br />
competencies, developing leaders and<br />
developing teams. The academy is our<br />
tangible demonstration of our commitment<br />
to people and teams – one of our core<br />
values in <strong>Aker</strong> <strong>Solutions</strong>.<br />
Education level by degree<br />
19% PhD and Master<br />
26% Bachelor<br />
12% Professionals<br />
15% Higher education<br />
21% Skilled worker<br />
7% Other
<strong>ingenuity</strong> <strong>delivered</strong><br />
<strong>ingenuity</strong> <strong>delivered</strong><br />
With safety and care<br />
Having an HSE mindset is one of<br />
<strong>Aker</strong> <strong>Solutions</strong>’ core values. This<br />
stretches beyond caring for our people.<br />
The results can also be seen in the<br />
technologies and products we develop.<br />
One example is the most advanced<br />
3D simulators in the industry, which<br />
enable us and our customers to<br />
educate and train rig personnel in safe<br />
environments onshore. By reducing the<br />
need to travel offshore and allowing<br />
crew to practice for as long they want to,<br />
without concern for rig downtime,<br />
the simulators increase safety.<br />
Our groundbreaking 3D technology also<br />
makes it possible to monitor how drilling<br />
systems work on board the rig. As a result,<br />
we can record and analyse every detail of<br />
the drilling process in order to find more<br />
efficient solutions.<br />
Before a big upgrade of drilling equipment<br />
and control systems, the entire operation<br />
is thoroughly and virtually tested. This<br />
increases predictability and lowers the<br />
risk of the operation. In addition, the<br />
commissioning time may be cut by<br />
several weeks of rig time, generating<br />
major cost savings.<br />
We offer real-time technical support<br />
and troubleshooting, significantly<br />
reducing response time. Through our<br />
service centres onshore, our skilled and<br />
experienced teams stay online to assist<br />
rigs anywhere in the world, at any time.<br />
Often, the time previously spent getting<br />
people offshore and on site can now be<br />
spent optimising rig performance and<br />
solving problems - even on several rigs<br />
at the same time.<br />
Our ground-breaking 3D<br />
technology also makes it<br />
possible to monitor how<br />
drilling systems work on<br />
board the rig<br />
Safety in design<br />
We have more than 40 years experience<br />
within the design of floating facilities.<br />
This includes some of the world’s most<br />
advanced semi-submersible drilling<br />
and production platforms, tension leg<br />
platforms and FPSOs (floating production<br />
storage and offloading vessels).<br />
Throughout the development of these<br />
facilities, HSE is incorporated in the design<br />
itself. All our products are designed to<br />
minimise risk. One example is how we<br />
have developed ever safer designs for<br />
platform and vessel hulls.<br />
Today, all hull penetrations have been<br />
eliminated. That means there are no sea<br />
chests or through-hull connections, and<br />
that all ballast water only flows in or out<br />
through external column top manifolds.<br />
We design our facilities to eliminate the<br />
possibility of inadvertent flooding of<br />
hulls during hurricane abandonment, an<br />
important feature in offshore locations.<br />
We have also developed a design that<br />
reduces bulkhead penetrations between<br />
hull quadrants, which prevents ballast<br />
water spreading.<br />
These are the types of design<br />
improvements that have created safer<br />
installations and facilities. The same<br />
thinking goes into the design of platform<br />
topsides, subsea products, process<br />
systems modules and all the other<br />
products and systems we deliver.
<strong>ingenuity</strong> <strong>delivered</strong><br />
<strong>ingenuity</strong> <strong>delivered</strong><br />
Key figures<br />
2010<br />
Our employees by country<br />
9 545<br />
Ingenuity <strong>delivered</strong> globally<br />
Operating revenues<br />
Amounts in NOK million<br />
18 398 Product solutions<br />
11 096 Field life solutions<br />
3 514 Engineering<br />
2 123<br />
EBITDA<br />
Amounts in NOK million<br />
1 404<br />
1 203<br />
1 082<br />
881 567 336 131 125 122 108 105<br />
1 591 Product solutions<br />
1 234 Field life solutions<br />
292 Engineering<br />
Norway<br />
UK<br />
India<br />
Brazil<br />
Malaysia<br />
USA<br />
Germany<br />
Indonesia<br />
Angola<br />
Singapore<br />
Thailand<br />
Canada<br />
Australia<br />
Order intake<br />
Order backlog<br />
Amounts in NOK million<br />
18 832 Product solutions<br />
15 787 Field life solutions<br />
2 692 Engineering<br />
Amounts in NOK million<br />
17 147 Product solutions<br />
19 632 Field life solutions<br />
4 007 Engineering<br />
18 000 employees<br />
4 600 contractors<br />
30 countries<br />
For latest information visit our website:<br />
www.akersolutions.com<br />
Copyright, legal notice and acknowledgements<br />
Copyright of all published material including photographs, drawings and images in<br />
this brochure remains vested in <strong>Aker</strong> <strong>Solutions</strong> and third party contributors to<br />
this brochure as appropriate. Accordingly, neither the whole nor any part of this<br />
brochure may be reproduced in any form without expressed prior permission.<br />
No trademark, copyright or other notice shall be altered or removed from any<br />
reproduction. While all steps have been taken to ensure the accuracy of the<br />
published contents, <strong>Aker</strong> <strong>Solutions</strong> does not accept any responsibility for any<br />
errors or resulting loss or damage whatsoever or howsoever caused and readers<br />
have the responsibility to thoroughly check these aspects for themselves.<br />
Editors:<br />
Helle Siggerud<br />
Endre Johansen<br />
Writers:<br />
Geir Arne Drangeid<br />
Ivar Simensen<br />
Bim Cornelia Kase<br />
Images:<br />
<strong>Aker</strong> <strong>Solutions</strong><br />
Xvision<br />
Slater King<br />
Original 1985 drawing:<br />
Kjell Olav Stinessen<br />
Design:<br />
Tori Brownlow Design<br />
Angola<br />
Luanda<br />
Australia<br />
Perth<br />
Azerbaijan<br />
Baku<br />
Brazil<br />
Curitiba<br />
Rio das Ostras<br />
Rio de Janeiro<br />
Canada<br />
Calgary<br />
St Johns<br />
China<br />
Beijing<br />
Cyprus<br />
Limassol<br />
Denmark<br />
Copenhagen<br />
Equi. Guinea<br />
Malabo<br />
Finland<br />
Helsinki<br />
Ulvila<br />
France<br />
Paris<br />
Germany<br />
Bad Fallingbostel<br />
Erkelenz<br />
India<br />
Kakinada<br />
Mumbai<br />
Pune<br />
Indonesia<br />
Batham<br />
Japan<br />
Tokyo<br />
Malaysia<br />
Kuala Lumpur<br />
Port Klang<br />
Nigeria<br />
Lagos<br />
Port Harcourt<br />
Norway<br />
Ågotnes<br />
Arendal<br />
Asker<br />
Bergen<br />
Egersund<br />
Fornebu<br />
Hammerfest<br />
Horten<br />
Kristiansand<br />
Kristiansund<br />
Midsund<br />
Moss<br />
Narvik<br />
Oslo<br />
Porsgrunn<br />
Stavanger<br />
Stord<br />
Tranby<br />
Tromsø<br />
Trondheim<br />
Oman<br />
Muscat<br />
Russia<br />
Moscow<br />
Saudi Arabia<br />
Al-Kohbar<br />
Singapore<br />
South Africa<br />
Germiston<br />
South Korea<br />
Gyungnam<br />
Pusan<br />
Sweden<br />
Gothenburg<br />
Thailand<br />
Bangkok<br />
Sattahip<br />
Songkhla<br />
UAE<br />
Dubai<br />
UK<br />
Aberdeen<br />
Great Yarmouth<br />
London<br />
Maidenhead<br />
Stockton-on-Tees<br />
Whitstable<br />
USA<br />
Houston<br />
Mobile<br />
Vietnam<br />
Vung Tau
We understand the challenge,<br />
we apply the knowledge, and<br />
we create and use technologies<br />
to provide the products, systems<br />
and services that deliver the<br />
customers’ solutions.<br />
This is <strong>ingenuity</strong> <strong>delivered</strong>.<br />
© 2011 <strong>Aker</strong> <strong>Solutions</strong><br />
All rights reserved.<br />
www.akersolutions.com