Aker Solutions signs service contract with Reliance Industries

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19 November 2009 - Aker Solutions has been awarded a contract from Reliance Industries Ltd to provide support services to the MA-D6 and KG-D6 field developments located in Bay of Bengal, India.


The USD 25 million contract covers inspection, testing and maintenance of subsea equipment and tools for a period of three years.


"We are happy to be entrusted with servicing the fields for Reliance.  With this contract, they are utilising our lifecycle offerings capability, which covers all phases of a field's lifetime. This is fully in line with our business strategy," says Dave Hutchinson, President - Subsea Asia Pacific, Aker Solutions.  "We look forward to continue working in partnership with Reliance".


Aker Solutions has previously delivered subsea production systems to Reliance's fast-track projects in the KG-D6 block. This latest contract extends the scope to cover lifecycle services.


Contract party is Aker Solutions India Sdn. Bhd.
 
ENDS


For further information, please contact:


Media:
Endre Johansen, VP Communications, Aker Solutions. Tel: +47 22 94 58 91, Mob: +47 416 10 605, e-mail: endre.johansen@akersolutions.com 
 
Philip Ng, communications executive, Aker Solutions (Asia Pacific). Tel: +60 3 2381 8309, Mob: +6012 340 6478, E-mail: philip.ng@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.

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