Aker Solutions secured a contract from Idemitsu Oil and Gas Co., Ltd. to provide engineering services for the development of oil and gas resources in the Nam Con Son basin offshore Vietnam.
It is the first time Aker Solutions has teamed up with Idemitsu on a project in Asia Pacific and marks an expansion into a key new market, Vietnam. The nine-month contract is for front end engineering design (FEED) work for the Sao Vang and Dai Nguyet developments in the Idemitsu-operated blocks 05-1b and 05-1c in the Nam Con Son basin.
The FEED outcome will be used by Idemitsu Oil and Gas to make an investment decision for the first phase of development at the Vietnamese basin.
For Aker Solutions the project will, at its peak, involve about 100 engineers, designers and drafters out of the company’s regional hub in Kuala Lumpur.
