Aker inks Talisman North Sea deal

EPCI deal: Talisman ropes in Aker Solutions for at least three years off Norway

Talisman Energy had handed a potential nine-year engineering, procurement, construction and installation (EPCI) contract to Aker Solutions for work in the North Sea.

The Canadian independent may be handing the Norwegian services stalwart around $430 million if optional periods on the deal are exercised.

Talisman has signed up for a firm three years for Aker to undertake engineering, procurement, fabrication, installation and commissioning at the Calgary-based company’s projects on the Norwegian Continental Shelf.

The frame of agreement, unveiled by Aker on Thursday, also includes an option for a further six years. The initial deal started from January and will run until the end of 2014.

Much of the work will be run from Aker’s Stavanger base with…

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