Subsea contracts to Aker Solutions in Australia and India

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2 June 2008 - Aker Solutions has been awarded two contracts worth a total of USD 12 million for manufacture and delivery to subsea field developments in Australia and India.


One contract is for the delivery of a four-slot production manifold to Anzon Australia's Basker Manta field development offshore Victoria, Australia. The other is with Allseas for the delivery of pipeline anchor boxes and driving module for the company's installation work at Reliance Indutries' KG-D6 field off the east coast of India.


Delivery dates for the two contracts is Q4 and Q3 2008 respectively. All work will be undertaken at Aker Solutions' hi-tech subsea manufacturing centre in Malaysia.


"The award of these contracts shows the competitive edge of our engineering and manufacturing capabilities in Malaysia. It also demonstrates our ability to accommodate fast track deepwater deliveries," says Egil Martinussen, senior vice president Asia Pacific, Aker Solutions.


Contract party is Aker Solutions subsidiary Aker Solutions Malaysia Sdn. Bhd.


ENDS
 
For further information, please contact:
Media:
Endre Johansen, communications manager, Aker Solutions. Tel: +47 22 94 58 91, Mob: +47 416 10 605, E-mail: endre.johansen@akersolutions.com


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 [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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