By Dominic Chopping

Aker Solutions ASA said Tuesday it has been awarded a contract valued at between 500 million and 1.5 billion Norwegian kroner ($48.4 million - $145 million) by Eni Angola S.p.A. to provide umbilicals for the Agogo field development offshore Angola.

The contract includes the engineering, manufacturing and delivery of an umbilical system as well as ancillary equipment and services, it said.

Work on the contract starts immediately with delivery planned in the second quarter of 2024.

The contract will be booked as order intake in the first quarter of 2023, it added.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

February 28, 2023 04:50 ET (09:50 GMT)

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