Aker Solutions Wins Drilling Equipment Contract

Aker Solutions has won a contract to supply a complete drilling equipment package for a new deepwater drillship. The contract value is approximately USD 100 million.

The contract also includes options for a further two complete drilling packages, which can be activated at the client's request. The client name is undisclosed.

"We are very pleased to have won another complete drilling package. This is in line with our communicated strategy to be the preferred partner for deepwater drilling solutions, and further evidence of our strong position in the deepwater market, which we believe is set for significant growth in the coming market cycle," says Thor Arne Håverstad, head of Aker Solutions' drilling business.

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.

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

For further information, please contact:
Ivar Simensen,
vice president communications,
Aker Solutions.
Tel: +47 67 59 41 90,
Mob: +47 46 40 23 17

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