Aker Solutions receives contract award notification from Husky

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10 May 2013 - Aker Solutions has received a contract award notification for offshore engineering services to support Husky Energy's activities at the offshore White Rose field in Canada.

The scope of work includes studies, modifications (EPCI) and campaign maintenance services. The duration is five years with an option to extend the contract for as many as 10 one-year periods.

The estimated contract value is NOK 900 million for the five-year period.

"We are delighted that Husky has chosen us as their preferred partner for offshore engineering services at the White Rose field," says Tore Sjursen, head of maintenance, modifications and operations at Aker Solutions. "Our presence in North America is increasing and the award will be a good foundation for further growth in Canada."

The project will employ about 70 management and engineering employees onshore, as well as 20 people on rotation offshore.

The White Rose field is located 350 kilometres southeast of St. John's, Canada, and consists of a floating production storage and offloading (FPSO) vessel.

ENDS

For further information, please contact:

Media:
Cathrine Gjertsen, Communication manager, Aker Solutions. Tel: +47 994 92 537, E-mail: cathrine.gjertsen@akersolutions.com

Investor relations:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 675 13 039, Mob: +47 911 37 194, E-mail: lasse.torkildsene@akersolutions.com

Suppliers:
For further information about sourcing and potential subcontracts for this project, please visit www.akersolutions.com/suppliers

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

Aker Solutions provides oilfield products, systems and services for customers in the oil and gas industry world-wide. The company's knowledge and technologies span from reservoir to production and through the life of a field.
 
Aker Solutions brings together engineering and technologies for oil and gas drilling, field development and production. The company employs approximately 28 000 people in more than 30 countries. We apply the knowledge and create and use technologies that deliver our customers' solutions.
 
Aker Solutions ASA is the parent company in the group, which consists of a number of separate legal entities. Aker Solutions is used as the common brand and trademark for most of these entities. In 2012 Aker Solutions had aggregated annual revenues of approximately NOK 45 billion. The company is listed on the Oslo Stock Exchange.

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

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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