Aker scoops Shell contract

By Beate Schjolberg

 13 December 2012 23:59 GMT

Norwegian engineering group Aker Solutions has won a contract with Shell to provide the supermajor with subsea umbilicals and cables for oil and gas development projects world-wide.

The frame agreement could generate sales of between $200 million and $400 million over the five-year contract period, depending on how many orders Shell decides to place, Aker Solutions said.

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