Dunlin win for Aker Solutions

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24 April 2008 - Aker Solutions in Aberdeen has been awarded a three-year contract, plus options, to provide Fairfield Energy with engineering, procurement and construction services on the Dunlin Alpha platform in the northern North Sea. 


The contract is valued at between GBP 20 and 30 Million annually and will create around 100 new jobs.
The award to one of the Aberdeen businesses of the global engineering and construction group comes in the wake of Fairfield's purchase of the Dunlin field cluster from Shell in December 2007.


Aker Solutions will undertake a number of initial studies on the installation, followed by an aggressive programme of modifications, including onshore engineering work, procurement and offshore construction. In delivering the contract Aker Solutions will be working very closely with Amec as the Dunlin platform duty holder.  


The Dunlin oilfield is situated 195 km north-east of Lerwick, with first production in August 1978 from the Dunlin Alpha platform.


Rod Buchan, managing director for Aker Solutions maintenance, modification and operation business in Aberdeen said: "Fairfield Energy is a new client for us and is taking over its first North Sea asset.  Our success in winning this work is very much aligned with our key strategic goals, one of which is to develop relationships with independent operators and new entrants to the UKCS. This award underlines our position as a leading modifications company in the North Sea and as the preferred partner of independent operators.


"Fairfield is a new entrant with ambitions to become a key North Sea operator, and we look forward to supporting their plans to achieve significant growth over the coming years and to delivering significantly increased value from the Dunlin asset."


ENDS


For further information, please contact:
 
Media:
Jannik Lindbæk, SVP Corporate Communications, Tel: +47 67 51 30 36, Mob: +47 977 55 622
Bill Phillips at the BIG Partnership. Tel. (01224) 578174 or 07970 544663.
Bjørn Øistein Bergseth, VP Business Development and Communications, Tel. +47 51 89 75 74,
Mob: +47 900 23 626


Investor relations:
Lasse Torkildsen, SVP Investor Relations,  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.
 
 
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. 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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