Aker Solutions wins jack-up drilling equipment contract

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24 September 2012 - Aker Solutions has won a contract from Shanghai Zhenhua Heavy Industries Co. Ltd (ZPMC) to supply a complete drilling equipment package for a new jack-up drilling rig, being built by the Chinese yard.

The contract value is undisclosed. The new rig is of the 2000E jack-up design.

"We are pleased to see Aker Solutions' competitive position in the jack-up market, which remains active," says Thor Arne Håverstad, head of drilling technologies in Aker Solutions.

The equipment will be delivered in 2013.

Aker Solutions will provide drilling equipment from its production units in Kristiansand and Asker in Norway as well as Houston, US and Erkelenz in Germany.

Aker Solutions offers complete drilling equipment packages, including project management, engineering, procurement and commissioning. The company provides the full range of topside drilling equipment and systems, and worldwide customer support through a global drilling lifecycle services organisation.

ENDS

For further information, please contact:

Media:
Ivar Simensen, Acting Chief Communication Officer, Aker Solutions. Mob: +47 46 40 23 17, E-mail: ivar.simensen@akersolutions.com

Investor relations:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39, Mob: +47 911 37 194, 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.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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