12 September 2008 - Aker Solutions has been awarded two contracts by Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME) in Korea for delivery of drilling equipment for two ultra deepwater drillships. The total contract value for Aker Solutions is approximately USD 235 million.  

The scope of work for Aker Solutions is to deliver complete drilling equipment packages consisting of engineering, equipment deliveries and commissioning services.

"Aker Solutions is very pleased to continue this strong relationship with Daewoo. The award of these contracts reflects the value of our well proven drilling equipment and the high degree of satisfaction from our ongoing relationship with Daewoo. This latest award also supports our goal for continued growth and development within the drilling equipment segment", says Roald Amundsen, President of Aker MH AS.

The drillships are scheduled for delivery Q2 2011 and Q4 2011.

The contract party is Aker Solutions subsidiary Aker MH AS.

ENDS

Media:
Siw Anett Enerud, Communications Manager, Aker Solutions. Mob: +47 95193415.
e-mail. siw.anett.enerud@akersolutions.com

 

Investor relations:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39, Mob: +47 911 37 194

Suppliers:
For further information about sourcing and potential subcontracts for this project, please contact http://www.akersolutions.com/Internet/SuppliersCentre/Contacts/SupplyManagementContacts.htm.

Career opportunities:
Visit http://www.akersolutions.com/Internet/CareerCentre

Aker Solutions ASA, through its subsidiaries and affiliates ("Aker Solutions"), is a leading global provider of engineering and construction services, technology products and integrated solutions. Aker Solutions' business serves several industries, including oil & gas, refining & chemicals, mining & metals and power generation. The Aker Solutions group is organised in a number of separate legal entities. Aker Solutions is used as the common brand/trademark for most of these entities. 

Aker Solutions' parent company is Aker Solutions ASA.  Aker Solutions has aggregated annual revenues of approximately NOK 58 billion and employs approximately 24 000 people in about 30 countries.

Aker Solutions is part of Aker (www.akerasa.com), a group of premier companies with a focus on energy, maritime and marine resource industries. The Aker companies share a common set of values and a long tradition of industrial innovation. As an industrial owner controlling 40.27 percent of the shares in Aker Solutions through Aker Holding AS, Aker ASA takes an active role in the development of Aker Solutions.  

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