China National Offshore Oil Corporation (CNOOC) has awarded a $128m contract to Aker Kvaerner for a drilling system and equipment for an ultra deepwater semi-submersible unit.
Under the contract, and Aker Kvaerner subsidiary in
‘This first delivery of drilling equipment systems into the Chinese offshore market is a breakthrough for Aker Kvaerner,’ said Mads Andersen, executive vice-president at Aker Kvaerner.
The drilling rig is scheduled for delivery in early 2011.
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I am not convinced that the High Value Manufacturing Centres do anything to improve the manufacturing processes - more to help produce products (using...