Aker Solutions secured a global framework agreement to deliver engineering and project management services at BP-operated subsea oil and gas fields.

The contract has a fixed period of five years and may be extended by two years. It covers subsea engineering services, asset integrity management and operations support.

"We are delighted to partner with BP in finding cost-effective solutions to boost productivity and optimize the infrastructure of the company's subsea fields," said Luis Araujo, Aker Solutions' chief executive officer. "We have provided subsea operations support to BP in the UK for more than 15 years and look forward to building on this partnership with a global agreement."

Aker Solutions will execute the work through a global delivery model.

Both parties agreed not to disclose the contract value.

About Aker Solutions


Aker Solutions is a global provider of products, systems and services to the oil and gas industry. Its engineering, design and technology bring discoveries into production and maximize recovery. The company employs approximately 15,000 people in about 20 countries.

About BP

BP (NYSE:BP) is one of the world's largest oil and gas companies, serving millions of customers every day in more than 80 countries, and employing nearly 85,000 people. BP's business segments are oil and gas exploration & production, and refining & marketing. In alternative energies, BP has low- and no-carbon wind and biofuels businesses. Through these activities, BP provides fuel for transportation; energy for heat and light; services for motorists; and petrochemicals products for plastics, textiles and food packaging. It has strong positions in many of the world's hydrocarbons basins and strong market positions in key economies.