Scope of work comprises planning and installation of an APL submerged turret production (STP) buoy with mooring system.  The STP buoy will be moored in approximately 100 meters water depth using ten mooring lines with 90 tonnes piles, heavy chain and wire. Mooring components will be delivered by Maersk FPSOs. The operations are scheduled to be conducted during Q4 2009.

"The Brazilian market is fast growing and there is a huge potential for the type of services we can offer through our highly experienced marine operations team," says Mads Andersen, executive vice president, Aker Solutions. "We are very pleased to be working with Maersk FPSOs on this job."

"We have been a significant player in the Brazilian subsea market for many years. Entering the Brazilian marine operations market underlines our objective of being a lifecycle provider who can perform subsea installation tasks as well as marine operations, such as the Peregrino mooring installation, for our customers in the region," adds Andersen.

The Peregrino oil field is located 85 kilometres offshore Brazil in the southwest part of the Campos Basin area. The water depth is 100 meters. Operator of the field is StatoilHydro.

Contract party is Aker Marine Contractors in Brazil. Aker Marine Contractors in Brazil operates under Aker Solutions do Brasil Ltda umbrella and has offices in Rio de Janeiro.

For further information, please contact:

Endre Johansen, VP Communications, Aker Solutions. Tel: +47 22 94 58 91, Mob: +47 416 10 605, e-mail: endre.johansen@akersolutions.com 

Fernanda Bacelar, communications manager, Aker Solutions (Brazil). Tel: +55 41 3227 8466, Mob: +55 41 9948 5599, E-mail: fernanda.bacelar@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 BA Global Sourcing Champion, telephone number found here: http://www.akersolutions.com/Internet/SuppliersCentre/Contacts/SupplyManagementContacts.htm.

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

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.