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Aker Solutions ASA
Aker Solutions ASA
Registriert in: Norwegen WKN: A0B97B Rohstoffe:
Art: Originalaktie ISIN: NO0010215684 Dienstleister
Heimatbörse: Oslo Alternativ: -
Währung: NOK    
Symbol: AKSO.OL Forum:

Aker Solutions awarded contract for detailed design of Kebabangan Northern Hub development project

06.05.2010 | 8:00 Uhr | Globenewswire Europe
06 May 2010: Aker Solutions has been selected by Kebabangan Petroleum Operating
Company Sdn Bhd (KPOC) as its contractor for the detailed engineering of the
Kebabangan (KBB) Northern Hub development project located in the South China
Sea, 130km offshore Sabah in East Malaysia.

Under the four-year contract, Aker Solutions operations in Malaysia will provide
detailed design and engineering support through to the start up phase of
project. Aker Solutions estimates the contract value to be approximately NOK
170 million.

"Expanding our international operations is high on our agenda. Being selected as
key contractor for detail engineering on this important project demonstrates
that we have succeeded in establishing a competitive delivery model within
detail engineering for the highly competitive Malaysian market and enables us to
further develop our execution arm in our target markets in South East Asia and
Australia", says Jarle Tautra, executive vice president in Aker Solutions.

The KBB facility comprises single integrated drilling, oil and gas production,
utilities and quarters (PDUQ) topsides mounted on a fixed 8-leg jacket in 142m
of water. The gas and oil will be evacuated via 135 km export lines to shore.
The Shell-operated Malikai deep water field will be tied in via separate
partially- stabilised liquid and dry gas lines shortly after first gas from KBB.

The topsides weight is estimated to be 17,000 MT and is designed to be installed
by the floatover method. The jacket weight is estimated to be 14,000 MT and will
be launch-installed.

Ravi Kashyap, President for Aker Solutions' field development operations in
Malaysia says: "We thank KPOC for demonstrating their confidence in Aker
Solutions. We have successfully completed the concept study and FEED for this
project and look forward to further building on our relationship with KPOC in
this critical phase of the development."

KPOC, comprising PETRONAS Carigali Sdn Bhd (40%), ConocoPhillips Sabah Gas Ltd
(30%) and Shell Energy Asia Limited (30%), will operate the Kebabangan field.
KBB will be a hub for the development of deep water and on-shelf gas and oil
assets offshore Northern Sabah.

Aker Solutions has a track record that spans 20 years in Malaysia.


For further information, please contact:


Norway: Mariken Holter, VP Communications, Aker Solutions. Tel: +47
67 52 74 35, Mob: +47 917 87 358
Malaysia: Philip Ng, Marketing communications Asia Pacific, Tel: +
60 323 81 8309, Mob: +60 123 40 6478


Unternehmen: Aker Solutions ASA - ISIN: NO0010215684
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