Aker Solutions Completes Acquisition of Oil-Services Provider Reinertsen

April 7, 2017 - Aker Solutions today completed the acquisition of oil-services provider Reinertsen, building on its position as a leading maintenance and modifications supplier offshore Norway.

The agreement to buy Reinertsen's Norwegian oil and gas services business, announced on March 30, has also been cleared by Norway's competition authority.

ENDS

Media Contact:
Stina Kildedal-Johannessen, tel: +47 55 22 28 00, mob: +47 934 12 301, e-mail: stina.kildedal-johannessen@akersolutions.com

Investor Contact:
Per Christian Olsen, tel: +47 67 51 36 58, mob: +47 900 29 077, e-mail: per.christian.olsen@akersolutions.com

Aker Solutions is a global provider of products, systems and services to the oil and gas industry. Its engineering, design and technology bring discoveries into production and maximize recovery. The company employs approximately 14,000 people in about 20 countries. Go to http://akersolutions.com for more information on our business, people and values.

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