Aker Solutions bags contract from Shell for Nyhamna gas processing plant

Aker Solutions has won a contract valued between NOK 0.5 billion and NOK 1.5 billion from Shell to deliver brownfield modifications and maintenance support for the Nyhamna gas processing plant in Norway. Shell, operating as the technical service provider to Gassco, has extended a framework agreement with Aker Solutions until September 2028. This substantial contract focuses on the Nyhamna natural gas processing plant in Aukra, connected to the Polarled pipeline in the Norwegian Sea.

Long-Term Relationship Fuels Aker Solutions and Shell Partnership

This new contract serves as an extension of a long-standing relationship between Shell and Aker Solutions, who has been providing services to the Nyhamna facility since 2007. “We’re pleased that Shell is giving us renewed trust to be its main contractor on this significant facility, and look forward to continuing the successful collaboration,” commented Paal Eikeseth, executive vice president and head of Life Cycle at Aker Solutions. The contract further boosts Aker Solutions’ already strong backlog.

Aker Solutions wins contract from Shell for Nyhamna gas processing plant. Photo courtesy of Aker Solutions.

A Boon for Aker Solutions’ Employees and Local Subcontractors

The newly-acquired contract will significantly benefit over 150 Aker Solutions employees located in Kristiansund. Paal Eikeseth added, “This extension secures work for our employees on site at Nyhamna, our engineering office in Kristiansund, and it will provide ripple effects to local subcontractors and others.”

What the Contract Means for Aker Solutions’ Third-Quarter Earnings

The lucrative contract with Shell will be included in Aker Solutions’ third-quarter order intake, showcasing its continuous growth and success in the energy sector. The Nyhamna facility plays a critical role in Norway’s gas supply chain, serving the Ormen Lange field and connecting to the Polarled pipeline.

The multi-billion NOK contract not only underlines Aker Solutions’ expertise in brownfield modifications and maintenance support but also reiterates Shell’s commitment to enhancing energy operations in Norway. As the energy landscape continues to evolve, this contract positions Aker Solutions and Shell as significant players in the industry.