Aker Solutions Wins Umbilicals Contract for Jansz-Io Compression Project

November 8, 2021 – Aker Solutions has been awarded a sizeable1 contract from Chevron Australia Pty Ltd to provide the dynamic subsea umbilicals for the Jansz-Io subsea gas compression development, offshore Australia.

The contract includes the delivery of engineering, design and manufacturing of a total of about 70 kilometers of dynamic subsea umbilicals. The scope of work includes three subsea compressor umbilicals, two subsea pump umbilicals, as well as ancillary equipment and spares. The umbilicals will provide power from the platform to the subsea compressor and pump modules.

"We are very pleased to have been awarded another important contract by Chevron on the Jansz-Io compression project. We look forward to continuing our relationship with Chevron and maintaining our strong focus on safe and efficient operations," said Maria Peralta, executive vice president and head of Aker Solutions' subsea business.

The contract will be booked as order intake in the fourth quarter of 2021 in the Subsea segment.

1Aker Solutions defines a sizeable contract as being between NOK 200 million and NOK 700 million.

ENDS

Media Contact:
Torbjørn Andersen, mob: +47 928 85 542, email: torbjorn.andersen@akersolutions.com

Investor Contact:
Fredrik Berge, mob: +47 450 32 090, email: fredrik.berge@akersolutions.com

Aker Solutions delivers integrated solutions, products and services to the global energy industry. We enable low-carbon oil and gas production and develop renewable solutions to meet future energy needs. By combining innovative digital solutions and predictable project execution we accelerate the transition to sustainable energy production. Aker Solutions employs approximately 15,000 people in more than 20 countries.

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

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