Subsea installation contract to Aker Solutions

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23 September 2009 - Aker Solutions has signed a contract with BP America Inc. to perform subsea construction activities at the operator's Atlantis and Thunder Horse fields in the Gulf of Mexico.


The Scope of work comprises planning and executing the installation of subsea hardware including manifolds, PLEMs (pipeline-end manifolds), jumpers, flying leads and related equipment. The work will be performed at water depths between 1600 meters and 2000 meters, and is scheduled to start in Q4, 2009. The project will be executed by Aker Solutions' state-of-the-art construction vessels, the BOA Sub C and BOA Deep C.


"This is an important project for Aker Solutions as it further strengthens our relationship with BP and our position within deepwater marine contracting," says Erik Wiik, president Subsea North America, Aker Solutions. "We are very pleased to be working together with BP on this project."


Contract value is undisclosed.


Aker Solutions' contract party is Aker Marine Contractors Inc.


ENDS


For further information, please contact:


Media:
Endre Johansen, VP Communications, 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.


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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