Aker solutions invests in Brazilian operation

Aker Solutions will make significant investments into the company's manufacturing plant for subsea trees in Curitiba, Brazil, in order to increase manufacturing capacity ahead of the future wave of subsea developments in the Brazilian pre-salt layer.  This investment will double today's production capacity for subsea trees by year 2010.

Over the past three years, the Subsea business area of Aker Solutions has invested almost 30 million USD in Brazil. This has helped to generate some 500 million USD in orders in recent years, as Aker Solutions states. Some of the current projects are frame agreements with Petrobras, as for the delivery of 45 deepwater subsea trees, delivery of manifolds to Petrobras, and four contracts for drilling riser systems to Queiroz Galvão Óleo e Gás S.A.

 

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