Aker Solutions Expands Partnership with ExxonMobil Canada for Hebron Platform

Aker Solutions, a prominent player in the engineering and construction industry, has recently cemented its relationship with ExxonMobil Canada Properties by securing a pivotal five-year enabling contract. This contract extends their ongoing engagement as the operator of the Hebron platform, marking a significant milestone in their collaboration.

The newly signed agreement continues Aker Solutions' role in providing brownfield maintenance and modification (MM) services, a key area of expertise for the firm. This contract is noteworthy as it extends the previous engineering, procurement, and construction (EPC) enabling agreement awarded back in 2015. Over the last decade, Aker Solutions has been instrumental in delivering comprehensive upgrades and modifications to the Hebron platform, demonstrating their commitment to enhancing operational efficiency and safety in offshore oil extraction.

Aker Solutions has a rich history of serving the East Coast Atlantic region, where it has operated for more than 30 years. The firm has developed a robust Project Execution Model that integrates multiple disciplines, enabling them to provide fit-for-purpose solutions quickly and cost-effectively. Paal Eikeseth, the Executive Vice President at Aker Solutions, emphasized that this approach ensures successful project outcomes while simultaneously reducing overall costs for their clients.

The operational side of the project will be based in St. John's, Newfoundland and Labrador, which has become a significant hub for Aker Solutions. In a reflection of their expanding operations, the company has rapidly increased its workforce in the region from 100 to 350 employees in just a few years, showcasing their commitment to local job creation and economic development.

Eikeseth elaborated on the company's strategic vision, stating, "We are pleased to continue our collaboration with ExxonMobil Properties as we operate the Hebron platform offshore Newfoundland and Labrador. Canada holds a central position in our market strategy, and we aim to deliver sustained value to our clients through our unique capabilities."

This contract is set to be recorded as an order intake in the fourth quarter of 2025 within Aker Solutions' Life Cycle segment. This classification underscores the contract's significance, defined by the company as falling between NOK 1.5 billion and NOK 2.5 billion, further enhancing Aker Solutions' stature in the field.

Aker Solutions continues to position itself as a leader in the energy sector, particularly in Canada’s oil and gas industry. The company's focus on leveraging its extensive experience in brownfield services is expected to yield substantial results both in terms of operational efficiency and stakeholder value. As Aker Solutions moves forward with this contract, industry observers will be watching closely to see how the partnership evolves and impacts the broader energy landscape in Canada.

In conclusion, Aker Solutions' recent contract win with ExxonMobil Canada marks a significant development in their ongoing partnership. Through their strategic focus on brownfield operations, strong project execution practices, and an increased local workforce, Aker Solutions is well-poised to continue making impactful contributions to the Hebron platform and the wider energy sector in Canada. The milestones achieved thus far in this collaborative effort set a promising trajectory for future endeavors, contributing to the shared goals of safety, efficiency, and sustainability.