Aker Solutions has signed a two-year frame agreement with Egyptian oil giant Badr Petroleum Company (Bapetco). Aker Solutions will be the sole supplier for all of the oil company's surface wellhead equipment, installation and lifecycle services operations in the Western Desert of Egypt. Contract value is undisclosed.
"We are very excited about this award, as it marks the successful entry of our surface business into the Egyptian and North African markets. Our ambition is to grow Aker Solutions' operations in the Middle East and North Africa," said Dave Hutchinson, president of Aker Solutions in Asia Pacific.