This is the fifth deepwater drilling riser system contract DSME has awarded Aker Solutions since last year, taking the total drilling riser orders from the Korean yard up to NOK 1 billion.

This latest contract is for the delivery of a complete deepwater marine drilling riser system with buoyancy package and associated equipment. The new drilling riser is based on an identical design for the ongoing projects at DSME.

"Safe and reliable operations are a key focus within the oil and gas industry, and that is exactly what our CLIP connector offers. This technology results in cost savings through both reduced manpower and rig operations, which is a winning formula for both Aker Solutions and our customers. We are very pleased to have the opportunity to work with DSME again," says Eva Kristensen, President of Aker Solutions' drilling risers.

The marine drilling riser system will be manufactured and delivered out of Aker Solutions' manufacturing centre in Malaysia.

Delivery of the drilling riser system is scheduled for 2011. Contract party is Aker Solutions Malaysia Sdn. Bhd.

ENDS

 

 

Media:
Karen Romer, VP communications, Aker Solutions. Tel.: +47 67 51 32 60, Mob.: +47 95 07 49 50. e-mail: karen.romer@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 Thomas Jørpeland, vice president Supply Management. Tel.: +47 51 89 85 50

 

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 23 000 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.