"We are very pleased by this contract award. We see this as a strong recognition of our competence in this area. During the last years we have also gained strong experience from the installation of the large gas processing plants Snøhvit LNG at Melkøya, and Ormen Lange in Aukra," says Simen Lieungh, President & CEO in Aker Solutions. 

 

The fabrication work will be carried out at Aker Solutions yard at Stord, while the engineering and procurement will take place in Oslo. Most of the fabrication work at Stord and all the installation work at Kollsnes will be performed in 2010 and 2011.

Aker Solutions will have approximately 650 persons working on this project at its peak next summer and aims to recruit both specialists within engineering, planning and skilled workers during the next few months.

The Kollsnes gas plant are owned by the Gassled Joint Venture and operated by Gassco, with StatoilHydro as technical service provider.

Contract party in Aker Solutions is Aker Stord AS.

ENDS

For further information, please contact:

Media:
Jannik Lindbæk, SVP Corporate Communications, Aker Solutions. Tel: +47 67 51 30 36, Mob: +47 977 55 622

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 BA Global Sourcing Champion, telephone number found here: 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 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.