Drydocks World & Aker Solutions to upgrade FPSO Vessel for Rosebank oil & gas field

  • Date: 03-Feb-2023
  • Source: GCC Business News
  • Sector:Financial Services
  • Country:UAE
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Drydocks World & Aker Solutions to upgrade FPSO Vessel for Rosebank oil & gas field

Drydocks World, a unit of UAE’s DP World Company, and Norway-based Aker Solutions, have formed a joint venture (JV) to upgrade a Floating Production Storage and Offloading (FPSO) vessel for the Rosebank oil and gas field in the UK.

The new JV combines the complementary strengths, resources, and experience of Drydocks World’s leading marine and offshore services with Aker Solutions’ integrated solutions, products and services to cater to the needs of the global energy industry.

The JV signed its first contract with Altera Infrastructure, a global energy infrastructure services group, to upgrade, refurbish and electrify the FPSO, the Petrojarl Knarr. The vessel will be redeployed at Rosebank field, with the upgrades allowing it to be kept in the field for 25 years without drydocking.

The contract was signed by Mr. Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World and Chairman of Drydocks World, Ms. Sturla Magnus, Executive Vice President, of Topsides and Facilities at Aker Solutions, and Mr. Arne Hygen Tørnkvist, EVP of Altera Infrastructure.

Sultan bin Sulayem

Group Chairman & CEO – DP World,

Chairman

Drydocks World “This joint venture between Drydocks World and Aker Solutions will deliver world-class maritime engineering and construction solutions to the global energy industry. The sector needs smart,