Gorgon Project MEG contract awarded to Aker Solutions

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1 October 2009 - Aker Solutions' contract with Chevron Australia Pty Ltd has been extended to include the delivery of a monoethylene glycol (MEG) system to the Gorgon project located on the Australian North West shelf. The total contract value for Aker Solutions is approximate NOK 300 million.


"This award comes as a direct result of our successful deliveries through the initial phases of the project," says Michael Hambly, President of Aker Solutions' process systems business. "We have worked closely with Chevron from the conceptual phase right through to the front-end engineering design and up to their final investment decision."


"We are very excited to receive this important award from Chevron, and eagerly anticipate delivering still more success to the Gorgon project. At Aker Solutions we are committed to becoming our clients' trusted partner for process technology, and we are pleased that Chevron is showing this confidence in us," Hambly adds.


Aker Solutions is a world leader in supplying MEG and other leading process technologies.  Aker Solutions' is the most proven MEG technology in the world.


Aker Solutions' contract party is Aker Process Systems AS.


ENDS


For further information, please contact:


Media:
Jannik Lindbæk, SVP Corporate Communications, Aker Solutions. Tel: +47 67 51 30 36, Mob: +47 977 55 622
Kristin Wallem Timenes, Communications Manager, Aker Solutions. Tel.: +47 950 42 117


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 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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