Aker Solutions wins its first nuclear project in South Africa

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1 April 2008 - Aker Solutions is one of five contractors to be awarded a three year framework agreement by Eskom Holdings Limited, South Africa's major power utilities company, to deliver a full range of nuclear engineering design packages at the Koeberg Nuclear Power Station, based on the Western Cape of South Africa.  


"Aker Solutions' proven capability in providing services to the commercial nuclear industry spans some 45 years, and this was a major factor in our winning this landmark contract," said Andy Leigh, associate director, Aker Solutions.


It is the first significant contract awarded to Aker Solutions following the recent opening of an office in Johannesburg.  The work will be executed from the company's Stockton-on-Tees operation in the UK.


Kevin Jones, Aker Solutions' regional manager in South Africa, commented, "We look forward to coupling our project management capability with our extensive technological, engineering and safety expertise for a variety of infrastructure and asset improvement projects which will enhance the safe operations of Eskom's facilities."


Koeberg Nuclear Power Station, has been operational since 1984.  It has twin 900 MWe pressurised water reactors (PWR).


ENDS


Media:

UK: Vanessa Mourant, Global Communications Manager, Aker Solutions. Mobile: +44 (0)7771 806566
South Africa: Kevin Jones, Regional Manager, Aker Solutions. Tel:  +27 (0) 115140809, Mobile: +27 (0) 845432023
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
Investor Relations:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39, Mobile: +47 911 37 194
 
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.  


Aker Solutions' Process and Construction business area is a world leader in the project management, design and construction of major projects spanning refining, petrochemical processing, liquefied natural gas (LNG), metals and mining, power generation, nuclear clean-up, and acid plants.  From initial concept through technology development, process technology application, design, procurement, construction, commissioning, operations, maintenance, modification and decommissioning, we provide our customers with the full life cycle of services.  Process and Construction provides sound local expertise, combined with the depth and strength of global project operations.   


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

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