Aker Solutions, the Norwegian company, has successfully secured a substantial contract from Vattenfall for the Norfolk Vanguard East Offshore Wind Farm, located off the Norfolk coast, UK. The contract, categorized as "sizeable" by Aker Solutions (with a value ranging between NOK 0.5 billion and NOK 1.5 billion), encompasses the engineering, procurement, construction, and installation (EPCI) of the high-voltage, direct-current (HVDC) offshore platform.
Under the terms of the agreement, Aker Solutions will collaborate with Drydocks World Dubai for the fabrication of the topside, while the substructure will be produced at Aker Solutions' facility in Verdal, Norway. The execution of the project is contingent on regulatory approvals and Vattenfall's final investment decision.
Aker Solutions is set to record an order intake for the compensated work until the conclusion of the second quarter of 2024. Additionally, the estimated total contract value for Aker Solutions, subject to Vattenfall's final investment decision, is anticipated to fall within the range of NOK 6.0 to 7.0 billion.
This contract achievement follows Aker Solutions' recent contract for the Norfolk Vanguard West project, further solidifying its involvement in the expansive Norfolk Offshore Wind Zone development in the United Kingdom. Sturla Magnus, Executive Vice President of New Build at Aker Solutions, expressed enthusiasm about supporting Vattenfall in delivering one of the world's largest offshore wind zones.