Management Changes in Aker Solutions


12 October 2010 - Per Harald Kongelf has been appointed executive vice president (EVP) for the Energy Development & Services (ED&S) business area in Aker Solutions with immediate effect. He replaces Jarle Tautra who will continue to work for Aker Solutions as a special advisor to the CEO. Kongelf comes from the position as executive vice president for Products & Technologies (P&T).

"I am very pleased that Per Harald Kongelf has accepted to take on the role of leading ED&S. His leadership qualities and experience from major field developments make him the right man for the job," says Oyvind Eriksen, executive chairman of Aker Solutions.

Per Harald Kongelf has 25 years experience from the oil and gas industry, including senior positions in several major North Sea field developments such as Snorre, Sleipner A, Visund and Asgard.

"Jarle Tautra has done a remarkable job for Aker Solutions. I look forward to work closely with him and to benefit from his considerable capacity to drive strategic projects that are of vital interest to the company," says Oyvind Eriksen.

The strategic direction for ED&S remains unchanged, and the process of preparing a split of ED&S into separate units for Field Development (FD) and Maintenance, Modifications & Operations (MMO) continues. In this new organisation, Tore Sjursen will lead the new MMO, while Kongelf will continue to lead FD.

"I am pleased to announce that Tore Sjursen will become part of the executive management team and further develop the MMO business in the North Sea region. He will work closely with Stian Vemmestad who leads the current MMO business. Going forward, high-value service concepts will play an increasingly important role in this business", Eriksen comments.

Tore Sjursen has been with Aker Solutions for nearly 24 years in different positions in field development and maintenance, modifications and operations, most recently as head of ED&S International in Australia.

In the P&T business area, Thor Arne HÃ¥verstad, president of Aker MH, takes over the operational responsibility for all drilling equipment businesses. He will report directly to the CEO. The remaining businesses within P&T, Process systems and Pusnes, will continue to report to Per Harald Kongelf in an interim period.

For further information, please contact:

Media:

Geir Arne Drangeid,

EVP Communications,

Aker Solutions.

Tel: +47 67 51 30 36,

Mob: +47 91310458

Investor relations:

Lasse Torkildsen,

SVP Investor Relations,

Aker Solutions.

Tel: +47 67 51 30 39,

Mob: +47 911 37 194

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 54 billion and employs approximately 22 000 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.

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