Aker Solutions has secured a five-year maintenance, modification and operations (MMO) contract from Aker BP, covering the operator’s core portfolio on the Norwegian Continental Shelf, including the new Yggdrasil area.
The agreement starts on 1 March 2026 and includes options that could extend the framework by two additional four-year periods. While the parties did not publish an exact contract value, Aker Solutions categorised the award as “major”, indicating a range of NOK 8 billion to NOK 12 billion ($843 million to $1.26 billion).
A key element is the Yggdrasil area, where Aker Solutions will provide MMO services for three topsides—Hugin A, Hugin B and Munin. Chief executive Kjetel Digre said the scope signals “a new chapter” for Aker Solutions, describing Yggdrasil as a step-change for remote operations and reduced-manning concepts, including unmanned production platforms.
Across the wider alliance, the scope spans Valhall, Fenris, Ula, EIGA (Edvard Grieg and Ivar Aasen), Skarv, Alvheim and Yggdrasil. The set-up is intended to support Aker BP’s plans to progress marginal developments and upgrade existing facilities.
Delivery is planned through stronger organisational integration, broader use of data-driven and AI-supported ways of working, and a commercial structure aimed at rewarding performance and continuous improvement.
Engineering and project management will be performed from Stavanger, Sandnessjøen and Mumbai, with fabrication to be carried out at Aker Solutions’ yards in Egersund and Sandnessjøen.
