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Aker Solutions awarded frame agreement with ExxonMobil

ID: 1128352

(Thomson Reuters ONE) -


27 June 2012 - Aker Solutions has been awarded a frame agreement by ExxonMobil
Exploration and Production Norway AS. Contract value is undisclosed.

The frame agreement covers engineering, procurement, construction and
installation for ExxonMobil's operated assets on the Norwegian continental
shelf. The fixed contract duration is five years from 2012 to 2017, with options
for two additional five year periods. The frame agreement will be managed from
Stavanger.

"We are very proud to be chosen by ExxonMobil to undertake this work on the
Norwegian continental shelf," says Tore Sjursen, head of maintenance,
modifications and operations in Aker Solutions.

"This agreement ensures a great deal of predictability for Aker Solutions,"
Sjursen adds.

Aker Solutions' maintenance and modification work for ExxonMobil spans more than
a decade. The first contract between the parties was signed in 1998, and
cooperation has continued since then.

The agreement will cover Balder, Jotun A, Jotun B and Ringhorne assets operated
by ExxonMobil on the Norwegian continental shelf.

Contract parties are Aker Solutions' subsidiary Aker Solutions MMO AS and
ExxonMobil Exploration and Production Norway AS.

ENDS

For further information, please contact:

Media:
Magnus Godiksen, Communications advisor, Aker Solutions. Tel: +47 51 85 29 17,
Mob: +47 46 40 22 30, E-mail: magnus.godiksen(at)akersolutions.com

Investor relations:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39,
Mob: +47 91 13 71 94, E-mail: lasse.torkildsen(at)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 provides oilfield products, systems and services for customers in
the oil and gas industry world-wide. The company's knowledge and technologies
span from reservoir to production and through the life of a field.

Aker Solutions brings together engineering and technologies for oil and gas
drilling, field development and production. The company employs approximately
25 000 people in more than 30 countries. They apply the knowledge and create and
use technologies that deliver their customers' solutions.

Aker Solutions ASA is the parent company in the group, which consists of a
number of separate legal entities. Aker Solutions is used as the common brand
and trademark for most of these entities. In 2011 Aker Solutions had aggregated
annual revenues of approximately NOK 36.5 billion. The company is listed on the
Oslo Stock Exchange.

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

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Aker Solutions ASA via Thomson Reuters ONE
[HUG#1622270]





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Datum: 27.06.2012 - 02:01 Uhr
Sprache: Deutsch
News-ID 1128352
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