The Mongstad refinery, located 43.5 miles (70 kilometers) north of Bergen, is closely integrated with an oil terminal connected to multiple oilfields in the North Sea.
Aker Solutions will provide new power transmission technology called Subsea Collector, which it says has the potential to significantly reduce the costs and complexity of offshore wind farms.
Aker Solutions has been awarded a contract from Altera for the complete upgrade of the Petrojarl Knarr FPSO to be redeployed at Equinor's Rosebank field.
'This agreement will strengthen our position to remove and reduce carbon emissions from industries and energy solutions, which is supported by strong incentives from the U.S. Government'.