2008

  • Aibel receives NOK 600 million of new equity and resolves criminal charges

    Following a court proceeding for Aibel Group Ltd. on November 21st in the United States District Court for the Southern District of Texas, Aibel Group Ltd. has received a capital injection of NOK 600 million from its owners. Aibel has been restructured into two separate entities, Aibel AS and Aibel Group Ltd., with separate management teams and board of directors.

  • Colleen Henneke appointed President of DCI

    Former acting President Colleen Henneke, has been appointed the new permanent President and General Manager of Drilling Controls, Inc (DCI), a subsidiary of Aibel Group Limited, effective 1st November. In this capacity, Colleen will continue to report directly to Aibel Chief Executive Officer (CEO) Gary M. Wilson and will continue as a member of the Executive Management Team.

  • Aibel AS and Odfjell Drilling Technology AS sign a cooperation agreement for drilling upgrade projects

    Aibel AS and Odfjell Drilling Technology AS (ODT) have signed a strategic cooperation agreement that will enable the two companies to submit joint tenders for large scale EPCI* drilling upgrade projects in Norway. The move provides the Norwegian market with a substantial player with the expertise, ability and credentials required to execute major projects of this kind.

  • Håkan Hallén joins Aibel as Group Human Resources Director

    Håkan Hallén has joined Aibel Group Limited as Group Human Resources Director. He reports directly to Chief Executive Officer (CEO) Gary M. Wilson and is a member of the Executive Management Team.

  • Aibel awarded FEED study for new Ekofisk topsides

    Aibel has received the news that ConocoPhillips has selected the company for award of a contract for the Front-end Engineering and Development (FEED) work for the Ekofisk Utility and Accommodation Topsides project.

  • Aibel awarded FEED study for new Ekofisk topsides

    Aibel has received the news that ConocoPhillips has selected the company for award of a contract for the Front-end Engineering and Development (FEED) work for the Ekofisk Utility and Accommodation Topsides project.

  • StatoilHydro exercises options on three M&M contracts with Aibel

    StatoilHydro has advised Aibel that it will exercise its option to extend three of the company's seven Maintenance and Modification Contracts. The exercised options cover the Troll-Sleipner area, Kåstø-Draupner and parts of the Oseberg area.

  • Aibel Group Ltd. attracts additional experienced director to its Board

    Gordon Hamilton joins as non-executive director Respected industry heavyweight Gordon Hamilton has been recruited to further strengthen the Board of Directors at Aibel Group Limited.

  • Aibel opens office in Hammerfest

    Region seen as most strategically important for future growth in Norway Aibel has opened a new office base in Hammerfest, in order to better serve the Hammerfest and Barents Sea region, a region the company has defined as the most strategically important for future growth in Norway. In doing so, Aibel becomes the first company in Finnmark to offer multi-disciplinary design, project management and engineering services for oil and gas production facility customers in the Far North of Norway.

  • StatoilHydro awards 58 MUSD Oseberg EPCI contract to Aibel

    StatoilHydro has awarded Aibel the EPCI (Engineering, Procurement, Construction and Installation) contract valued at approximately 58 MUSD (300MNOK) to replace the existing Heat Recovery Steam Generation (HRSG) system on its Oseberg D platform in the North Sea.

  • CEO Rasmus Sunde to leave Aibel

    The Board of the Aibel Group is not satisfied with the Company’s performance relating to improvement of compliance and operational controls, and has asked the CEO, Rasmus Sunde, to resign.

  • Top management change at Aibel

    R. R. Sunde remains President and CEO of Aibel Group Ltd, J. Skogseth appointed President of the Norwegian activities (Aibel AS).

  • BP chooses Aibel’s VIEC technology for Schiehallion FPSO

    Following an extensive evaluation period, BP has chosen the VIEC (Vessel Internal Electrostatic Coalescer) technology from Aibel to improve the oil and water separation process on their Schiehallion FPSO (Floating Production Storage Offloading). Two VIEC walls will be delivered by the end of April and will be installed in the first stage separator of separator train A (one of two) during a shutdown scheduled for July 2008.

  • Kårstø contract worth 93.5 MUSD to Aibel

    Contract seen to validate core competence and track record

  • Kårstø contract worth 93.5 MUSD to Aibel

    London, UK, 22 April 2008 – A contract initially worth 93.5 MUSD (470 MNOK) for electrical and instrumentation work at the Kårstø plant has been awarded to Aibel by StatoilHydro on behalf of operator Gassco. This work forms part of the Kårstø expansion project 2010 (KEP2010) at the gas and condensate processing facility, located north of Stavanger, Norway.

  • EPMC contract for new European CO2 test centre goes to Aibel

    Strategic project reflects global interest in large scale CO2 capture

  • Aibel wins breakthrough pilot contract for new technologies

    Aibel has been awarded a contract by Teekay Petrojarl Production (TPP) for pilot installations of its latest two new technologies, the High Temperature Vessel Internal Electrostatic Coalescer (HT VIEC) and the Inductive Level Measurement System (ILMS). As Aibel’s president and CEO, R. Rasmus Sunde, comments: “While both technologies are further developments of existing products, the contract marks an important breakthrough for their commercialization and endorses yet again our expertise in the area of oil and water separation.”

  • Aibel awarded 37 MUSD Kvitebjørn Capacity Upgrading project

    StatoilHydro has awarded its Kvitebjørn Capacity Upgrading (KVB CU) project, with an estimated total value of over 37 MUSD (200 MNOK), to Aibel. This follows a successful separate study for the work also conducted by Aibel in spring 2007. The KVB CU is a stand alone project that will be executed under Aibel’s existing Troll-Sleipner Maintenance & Modifications (M&M) contract. The sum of 37 MUSD includes related work already performed by Aibel since the summer of 2007.

  • Timothy Puhr joins the Aibel Group as head of internal audit

    Aibel Group Ltd has announced that Timothy Puhr is joining the company as head of internal audit. He will be based at the company’s London office and report to Aibel’s Audit Committee.

  • Prosafe contract for Aibel in Thailand

    Aibel Thailand has been awarded a contract worth approximately USD 10 million for the procurement and construction of five topside modules for Prosafe Production Services Pte Ltd, for the Cidade De Sao Mates vessel, a Petrobras Gas floating production unit (FPSO). The project consists of two 820 ton manifold modules (M26 A&B), a 365 ton gas export module (M23), a 215 ton heating medium equipment module (M55) and a 190 ton chemical injection module (M34). Aibel will be responsible for the bulk procurement and construction and possibly loadout and transportation.

Media contact

Bjørg Sandal, SVP Communications

 

Tel: +47 48 86 87 26
e-mail: bjorg.sandal@aibel.com