Aker Solutions Develops Capping Technology to Limit Deepwater Drilling Risks

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February 19, 2015 - Aker Solutions delivered the key subsea component for the system being developed by Marine Well Containment Company to limit environmental risks from oil and gas production in the U.S. Gulf of Mexico.

The Subsea Containment Assembly, or SCA, is designed to contain a well-control incident by connecting and creating a seal to prevent oil leaks. It can also be used in a cap-and-flow plan to direct fluid to vessels on the surface. The technology works under pressures as high as 15,000 psi.

The equipment was delivered to Marine Well Containment Company's team in Ingleside, Texas. It weighs 170 tons and consists of a stack of adapters and connectors assembled on a steel base. Aker Solutions developed the technology over three years, involving designers and engineers at the company's hub in Houston.

"This has been a collaborative effort involving ten oil companies and is a great example of how the offshore industry can pull together," said Alan Brunnen, head of Aker Solutions' subsea business. "Aker Solutions is pleased to have contributed its unique knowledge and experience in high-pressure subsea technology."

For more information about Marine Well Containment Company visit www.marinewellcontainment.com.

ENDS

For further information, please contact:

Media:
Bunny Nooryani, Chief Communications Officer, Aker Solutions. Tel: +47 67 59 42 71, Mob: +47 480 27 575, E-mail: bunny.nooryani@akersolutions.com

Anne Cecilie Lund-Andersen, Media Relations Manager, Aker Solutions. Tel: +47 22 94 74 52, Mob: +47 99 62 12 13, E-mail: anne.cecilie.lund-andersen@akersolutions.com

Investors:
David Phillips, Head of Industry & Investor Relations, Aker Solutions. Tel: +44 208 811 7111, Mob: +44 7788 338 887, E-mail: david.phillips@akersolutions.com

Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39, Mob: +47 911 37 194, E-mail: lasse.torkildsen@akersolutions.com

Suppliers:
For further information about sourcing and potential subcontracts for this project, please visit www.akersolutions.com/suppliers

Career opportunities:
Visit http://www.akersolutions.com/careers

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 17,000 people in about 20 countries. Go to www.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 www.akersolutions.com.

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