Aker Solutions Wins 20-Year Umbilicals Master Order With Chevron

The scope of the Chevron agreement includes the delivery of engineering, design and manufacturing of dynamic and static control umbilicals, dynamic and static power umbilicals, and service and installation support.

This agreement lays the foundation for a long-term collaborative relationship incentivizing both Chevron and Aker Solutions to jointly improve long-term performance both technically and commercially through multi-project synergies, execution excellence and repeatability, and life-of-field thinking.

"We are honored to have entered this master order with Chevron and to have been awarded the Anchor work order," said Luis Araujo, chief executive officer of Aker Solutions. "This demonstrates the mutual trust between the two organizations, as well as the capabilities and experience of our umbilicals manufacturing organization in the US."