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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

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