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Aker Solutions signs exclusive alliance in Germany

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17 April 2008 - Aker Solutions has signed an exclusive alliance partner contract with Shell Deutschland Oil GmbH (SDO) for the provision of engineering services (EPCm) for the SDO refineries in Germany. The contract duration is five years, with the option to extend by two additional two year periods. The refineries covered by the agreement include Refinery Heide, Refinery Hamburg-Harburg, and Refinery Rheinland (covers two sites in Cologne Godorf and Wesseling). The total contract value over the five  year period is estimated to be EURO 100 million.
 
The Rheinland refinery consists of two sites in Cologne, Godorf and Wesseling, situated across a total surface area of 440 hectare. With a crude oil capacity of 17 million tons per year it is the biggest refinery in Germany. The Heide refinery has crude oil capacity of 4.5 million tons p.a., whilst Harburg has a capacity of 4.6 million tons p.a.


The contract is booked as order intake in Q1 2008.


ENDS


For further information, please contact:
 
Media:
Jannik Lindbæk jr, SVP Corporate Communication, Aker Solutions. Tel: +47 67 51 30 36, Mob: +47 977 55 622


UK: Vanessa Mourant, Communications Manager, Aker Solutions. Tel: +44 (0) 207 339 1064, Mob: +44 (0)7771 806566


The Netherlands: Johan Cnossen, Aker Solutions, Tel : +31 (0) 79 368 8555


Germany: Kay Radtke, Aker Solutions. Tel: +49 (0) 2173 904 330
 
Investor relations:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39
 
Suppliers:
For further information about sourcing and potential subcontracts for this project, please contact: Rodger Liang, VP Supply Management, Process & Construction, Aker Solutions, Tel:  +86 10 640 966 36
 
 
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 24 000 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 Kvaerner Germany GmbH. is a wholly owned subsidiary of AKER SOLUTIONS ASA and the legal entity responsible for the execution of the work. Aker Solutions serves the chemicals and polymers, refining and onshore oil & gas industries.  It provides the full life cycle of a project from concept studies, through to design, engineering, project management, delivery of process technologies, procurement, construction and maintenance services. As a pure project execution/EPC specialist, Aker Solutions can provide customers with strategic 'one-off' services or full turnkey solutions under a single project management control. It works with its customers in the development of major technological innovations, having participated in the conceptualisation and implementation of ideas, which are the foundation for world-class production facilities. Also offered are consultancy services in reliability, business modelling and environmental, health, safety and risk management. 


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

Tags:

Process and Construction Refining and Chemicals

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