Aker Solutions secures contract with Total E&P UK Ltd

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17 October 2012 - Aker Solutions has secured a three year contract to provide operations and maintenance services to Total E&P UK Ltd and its joint venture partner DONG E&P (UK) Ltd at the new Shetland Gas Plant (SGP).

Aker Solutions secures contract with Total E&P UK Ltd

The agreement includes provision of operations, maintenance and services support personnel for Total E&P UK at the new gas plant, which will receive gas from the Laggan and Tormore fields, west of Shetland.

The contract is valid for three and a half years with an optional two year extension. It will see the creation of up to 150 positions in support of the contract, both on-site at SGP and onshore in Aberdeen. Contract value is undisclosed.

Mike Forbes, UK managing director of Aker Solutions' maintenance, modifications and operations business said: "This is a significant contract for us and I am delighted that Total E&P UK has chosen to build on our long-standing partnership with the award of this important contract."

"The Shetland Gas Plant will be an integral part of the future UK gas supply and we are pleased our expertise and track record for delivery have been recognised and we can continue to be a part of the UK oil and gas success story together with Total E&P UK."

Aker Solutions has worked with Total E&P UK since 1989 continually developing the joint relationship and overall service provision.

More than 180 Aker Solutions employees are currently involved in delivering production and maintenance support services for Total E&P UK at both the St. Fergus gas plant in Aberdeenshire - where up to 20% of the UK's gas requirement is processed - and offshore on the Elgin Franklin assets.

Aker Solutions' contract party is Aker Offshore Partner Ltd.

ENDS

For further information, please contact:

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

Investor relations:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39, Mob: +47 91 13 71 94, E-mail: lasse.torkildsen@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 25 000 people in more than 30 countries. They apply the knowledge and create and use technologies that deliver their 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 2011 Aker Solutions had aggregated annual revenues of approximately NOK 36.5 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.

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