CNOOC places $205M worth order of Aker Solutions’ subsea systems

Chinese oil company CNOOC has ordered NOK 1.7 billion worth of subsea systems from Norway’s Aker Solutions for deployment at a gas field in the South China Sea.

Aker Solutions said on Tuesday that, under the CNOOC order, it would provide the subsea production system and umbilicals for the Lingshui 17-2 gas field.

Lingshui 17-2 is CNOOC’s first subsea deepwater project developed by the company with water depths of up to about 1,500 meters, off the Hainan Province.

The subsea production system for the Lingshui 17-2 field consists of 11 horizontal subsea trees, four manifolds, topside and subsea control system and a vertical tie-in connection system.

The work scope also includes more than 70 kilometers of static and dynamic umbilicals, linking the subsea development to a new, semisubmersible platform.

Luis Araujo chief executive officer said Aker Solutions’ subsea production system and umbilicals would enable CNOOC to reduce costs and maximize the production of the field.

The subsea manifold will be manufactured and tested locally by China Offshore Oil Engineering Company (COOEC). The services for installation and commissioning will also be executed in China. The global project will involve Aker Solutions’ facilities in Malaysia, Norway and the United Kingdom.

The delivery for the subsea production system and umbilicals will be from the second half of 2019 to 2020. The order will be booked in the fourth quarter of 2018. In August this year, Aker Solutions secured CNOOC’s power umbilical system order for the Liuhua oilfields in China.