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Aker Solutions has received a $48m contract from Daewoo Shipbuilding & Marine Engineering (DSME) to deliver a deepwater drilling riser system to the DSME shipyard in South Korea.

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DSME will install the drilling riser system on Atwood Oceanics’s ultra-deepwater drillship, the Atwood Advantage. Aker will build and deliver the 10 000ft deepwater drilling riser system from its manufacturing plant in Port Klang, Malaysia.The riser package is scheduled to be delivered in March 2014 and the package is related to the first of two options included in the drilling riser contract announced in July last year.

Aker Solutions executive vice-president of drilling technologies Thor Arne Håverstad said the company is pleased to see its customers DSME and Atwood exercising their option for the Aker Solutions CLIP riser systems. In the past 16 months, the company delivered 16 drilling riser systems.

Aker Solutions president of drilling riser business Tom Munkejord said he is proud to see that the company is able to deliver another deepwater CLIP riser to its returning customers. “These achievements are the results of the CLIP risers’ operational advantages, our technology expertise and service offering in the deepwater drilling market,” Munkejord said.

Aker offers complete drilling equipment packages, including project management, conceptual design, detailed engineering and procurement; it also provides a full range of topside drilling equipment and systems.

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In October last year DSME won a $600m order from Alpha Eagle, a subsidiary of Atwood Oceanics, to build the ultra-deepwater drillship. The vessel, which will be built at DSME yard in South Korea, is expected to be delivered by 30 June 2014. It is expected to operate in water depths of up to 12,000ft and drill to a depth of 40,000ft.

Caption: The 10 000ft deepwater drilling riser system will be built at Aker’ Port Klang manufacturing plant in Malaysia.