Oilfield services provider Aker Solutions has signed a two-year contract extension for maintenance and modifications on several Aker BP's fields offshore Norway.

Aker Solutions said on Monday that the fields included in the deal are Ula, Skarv, Valhall, and Tambar.

The work under the contract will start on 1 December 2020.

It follows the existing contract with Aker BP where Aker Solutions and Aker BP work under a joint modification alliance model.

The total value of the contract is estimated at about NOK 1.7 billion ($175.1 million).

Linda L. Aase, executive vice president, brownfield projects at Aker Solutions: “Work under the new alliance has proved to be efficient and the alliance has continued to improve deliveries and develop new ways of working”.

The contract will be booked as order intake in the second quarter of 2020.