Norsk Hydro awarded a $108 million contract to Aker Maritime for construction of an oil drilling module. Aker will build the 5,500 ton module for the Grane North Sea oil platform. Work would start immediately and the module was scheduled to be delivered in May 2003.
Related News
26 Jun 2026
Equinor Scuttles Japanese Offshore Wind Plan
Equinor has decided to end its offshore wind business activities in Japan, where it has been since 2018 but has failed to win any leases in successive
26 Jun 2026
Aker Solutions Inks 'Sizeable' Service Agreement
Aker Solutions signed a 'sizeable. ($50m to $150m by the company's definition) five-year agreement with Cenovus Energy Inc.
26 Jun 2026
Port Houston Records Best Monthly Container Volume Since Summer 2025
Activity along the Houston Ship Channel continues to strengthen America’s energy competitiveness and Port Houston’s public…
25 Jun 2026
UN-Led Hormuz Evacuation Scheme Moves 57 Ships Through Strait
Some 57 ships carrying an estimated 1,100 seafarers have transited the Strait of Hormuz since June 23 under a United Nations evacuation plan launched