Aker Solutions has signed a frame agreement with Tullow Ghana to provide well intervention services for the oil company’s Jubilee and Tano deepwater fields off shore of Ghana, West Africa.
The initial contract period is for three years, with two additional one-year options (3+1+1). Aker Solutions estimates that the agreement will generate annual revenues of approximately $4m (£2.5m).
Under the agreement, Aker Solutions will provide slickline and coiled tubing equipment and services, which are conducted with the objective of maximising the production of oil and gas. Aker Solutions has delivered well services to Tullow’s Jubilee field since 2008.