Aker Solutions wins Clair Ridge jacket EPC contract of NOK 1,7 billion

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12 July 2010 - The Clair Ridge Joint Venture has awarded Aker Solutions an EPC-contract for delivery of two steel jackets, which will be located west of Shetland.

"Jacket structures is the core business for our yard in Verdal and I am pleased to see that we have won such a huge and important contract in an international competitive bidding process", says Jarle Tautra, executive vice president in Aker Solutions.

The contract will be executed by Aker Solutions' yard in Verdal, and includes engineering, procurement, construction, load-out and sea-fastening of the two steel jackets and associated piles.

The Drilling and Production (DP) jacket will have a total weight of 22,300 tonnes, and the Quarters Utility (QU) jacket will have a total weight of approximately 9,000 tonnes.

Detailed engineering starts immediately, while fabrication in Verdal will commence in June 2011. The jackets will be ready for load-out mid February 2013, and delivered March 2013.

Verdal is one of the few yards in Europe specialising in jacket construction - with two oil and gas jackets currently under construction - Gudrun for Statoil and Ekofisk 2/4L for ConocoPhillips, and 48 jackets for offshore wind farm project Nordsee Ost for RWE Innogy.


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For further information, please contact:

Media:
Tove Strand Trana, Communication Manager, Aker Solutions, Verdal + 47 46 40 11 03
Mariken Holter, Vice President Communications, Aker Solutions +47 917 87 358

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 the relevant BA Global Sourcing Champion.

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 54 billion and employs approximately 22 000 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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