Aker Solutions ASA: Giant Goliat sail-away

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30 March 2012 - Aker Solutions has successfully completed the manufacturing and subsequent load-out of eight subsea manifolds and six riser bases for Eni Norge's Goliat project in the Barents Sea.

– Aker Solutions has successfully completed the manufacturing and subsequent load-out of eight subsea manifolds and six riser bases for Eni Norge’s Goliat project in the Barents Sea

On Tuesday 27 March the load-out commenced. This weekend, the heavy lift vessel Happy Dragon will sail away with her giant load.

"This is probably the largest single subsea delivery we have made from Egersund. I'm proud of my colleagues, and satisfied on behalf of our customer Eni Norge AS, that we are delivering this on schedule and on budget," says Svein Oskar Nuland, head of Aker Solutions' yard in Egersund, Norway.

"Our project team at Fornebu and here in Egersund has worked tirelessly to complete this important milestone".

The delivery of the subsea manifolds and riser bases is the yard's second hardware load-out for the Goliat subsea project. The first, consisting of eight subsea templates, was also delivered on schedule when it sailed out of Egersund at the end of March last year.

Aker Solutions' Goliat contract, signed in September 2009, comprises of engineering, procurement and construction of a complete subsea production system. Subsea hardware deliveries include eight overtrawlable four-slot subsea templates with manifolds, wellheads system, 24 subsea trees, subsea and topside controls systems, 20 kilometres of steel tube umbilicals, work-over equipment and a tie-in and connection system.

ENDS

For further information, please contact:

Media:
Maren Lædre Bjørdal, communications officer, Aker Solutions. Tel: +47 51 46 91 05, Mob: +47 41 21 78 25, E-mail: maren.laedre.bjordal@akersolutions.com

Investor relations:
Astrid Thommesen Sæbø, VP Investor Relations, Aker Solutions. Tel: +47 22 94 63 37, Mob: +47 481 70 035, E-mail: astrid.thommesen.saebo@akersolutions.com

Suppliers:
For further information about sourcing and potential subcontracts for this project, please visit www.akersolutions.com/suppliers

Career opportunities:
Visit http://www.akersolutions.com/careers

Aker Solutions provides oilfield products, systems and services for customers in the oil and gas industry world-wide. The company's knowledge and technologies span from reservoir to production and through the life of a field.

Aker Solutions brings together engineering and technologies for oil and gas drilling, field development and production. The company employs approximately 23 500 people in more than 30 countries. They apply the knowledge and create and use technologies that deliver their customers' solutions.

Aker Solutions ASA is the parent company in the group, which consists of a number of separate legal entities. Aker Solutions is used as the common brand and trademark for most of these entities. In 2011 Aker Solutions had aggregated annual revenues of approximately NOK 36.5 billion. The company is listed on the Oslo Stock Exchange.

This press release may include forward-looking information or statements and is subject to our disclaimer, see www.akersolutions.com.

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