Aker Solutions granted engineering license in China

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2 June 2009 - Aker Solutions has received its engineering license from the Chinese government authorities, granting the company's subsidiary Aker Projects (Shanghai) Co., Ltd., permission to undertake engineering design for China-based projects in the chemical, petrochemical and pharmaceutical industries.


"We are very pleased to receive this engineering license, which underlines our long-term commitment to operating in China. We are confident that this license will enable us to offer a wider range of services to our valued clients," said John McClellan, president of Aker Projects (Shanghai) Co., Ltd.


The license is required for engineering and construction companies located in China wishing to undertake engineering services for Chinese-based projects. The license further extends Aker Solutions' service provision to front end engineering and design (FEED); basic design; detail design; engineering, procurement, and construction management (EPCM) services; EPC contracting; project management, and other relevant technical consulting and management services.


Before being granted this engineering license, Aker Solutions' China operation undertook EPCM services, EPC contracting, and relevant technical consulting and management services based on its construction general contracting license.


Aker Projects (Shanghai) Co., Ltd. is a wholly owned subsidiary of Aker Solutions in China.


ENDS


Media:
People's Republic of China: Fred Zhang, Communications Officer, Aker Solutions. Tel: +8621 50818811-706    
Mob:  +86 (0) 13120759893
 
Investor Relations:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39, Mobile: +47 911 37 194
 


Notes to editors:
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. Through its majority-owned holding company Aker Holding AS, Aker controls 40.27 percent of the shares in Aker Solutions, and takes an active role in the development of the company.  


Aker Solutions' Process and Construction business area is a world leader in the project management, design and construction of major projects spanning refining, petrochemical processing, liquefied natural gas (LNG), metals and mining, power generation, nuclear clean-up, and acid plants.  From initial concept through technology development, process technology application, design, procurement, construction, commissioning, operations, maintenance, modification and decommissioning, we provide our customers with the full life cycle of services.  Process and Construction provides sound local expertise, combined with the depth and strength of global project operations.   


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

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