New name for business area in Aker Solutions

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18 April 2008 - Today it has been decided that Energy Development & Services will be the name of the new business area, combining the forces of Maintenance, Modification and Operations and Field Development. 


-   I believe this is a name that captures the operations of the existing business areas as well as the new one in a good way, says Nils Arne Hatleskog, executive vice president (EVP) of Energy Development Services and EVP for Field Development until the reorganisation comes into force.


The new combined business area will be reporting as one business area from first quarter 2008. Historic numbers will also be presented according to the new structure in the first quarter 2008 results presentation and report.


ENDS


For further information, please contact:


Media:
Jannik Lindbæk jr., SVP Corporate Communications, Aker Solutions. Tel: +47 67 51 30 36, Mobile: +47 977 55 622 
 
Investor relations:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39, Mob: +47 911 37 194




Notes to editors:
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. Through its majority-owned holding company Aker Holding AS, Aker controls 40.27 percent of the shares in Aker Solutions, and takes an active role in the development of the company.  


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