Aker Solutions Wins Umbilicals Contract for the Agogo Field Development in Angola

February 28, 2023 – Aker Solutions has been awarded a sizeable¹ contract by Eni Angola S.p.A. – Sucursal de Angola, a subsidiary of Azule Energy Holdings Limited ("Azule Energy ”), to provide the dynamic and static subsea umbilicals for the Agogo field development located offshore Angola in the West Hub Area of Block 15/06.

The contract includes the engineering, manufacturing and delivery of a complete umbilical system totaling about 36 kilometers of both dynamic and static subsea production control umbilicals including spares, as well as ancillary equipment and services. The umbilicals will be manufactured at Aker Solutions´site in Moss, Norway. The work starts up immediately and is planned to be delivered in the 2nd quarter of 2024.

"We are very pleased to have been awarded another important contract by ENI in Angola. We look forward to continuing our strong relationship by maintaining our 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 first quarter of 2023 in the Subsea segment.

¹Aker Solutions defines a sizeable contract as between NOK 0.5 billion and NOK 1.5 billion.

ENDS

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

Media Contact, Subsea:
Daniele, Rivera, mob. +55 21 993480110 daniele.rivera@akersolutions.com

Investor Contact:
Preben Ørbeck, mob: +47 470 10 611, email: preben.orbeck@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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