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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 signs NOK 4.4 billion frame agreement contract with Statoil

30.06.2010 | 8:09 Uhr | Globenewswire Europe
30 June 2010 - Statoil has awarded Aker Solutions a frame agreement for
maintenance and modifications on their offshore installations Snorre A/B,
Gullfaks A/B/C, Visund and Åsgard A/B in Norway. The contract period is for four
years and includes options for further extensions up to four years. The yearly
volume of the contract will fluctuate, but Aker Solutions estimates the typical
volume to be approximately NOK 1.1 billion per year.

"We are very pleased that we have been awarded these parts of Statoil's
maintenance and modifications (M&M) frame agreements portfolio. It falls within
our core business and will be delivered from our following main locations;
Stavanger, Bergen and Trondheim, all are strong local hubs for our operations
along the Norwegian west coast", says Stian Vemmestad, president of Maintenance,
Modifications and Operations in Aker Solutions.

Statoil announces today, the new frame agreements for their entire M&M portfolio
on the Norwegian Continental Shelf (NCS). Aker Solutions is a key provider
within MMO services in the North Sea, and has a long track record in undertaking
maintenance and modifications services on several of Statoil's offshore
installations on the NCS and onshore plants.

"We are pleased that Statoil renews their trust in our services. Our core
competence, solid front end and technology environment, together with our
adaptable organisation, make us highly competitive in the MMO market.

"Our ambition is to contribute to world-class HSE results for Statoil, focus on
quality in our deliveries, work continuously to increase our competence and work
constantly to make our work processes more efficient", says Vemmestad.

Scope of work will typically involve engineering, procurement, construction,
installation (EPCI) and completion of modifications, maintenance, studies and
prefabrication.

Aker Solutions M&M services will be executed from Stavanger, Bergen, and
Trondheim.
Preparations activities will start immediately.

The contract parties are Aker Solutions' subsidiary Aker Offshore Partner AS and
Statoil Petroleum AS.

ENDS
For further information, please contact:

Media:
Mariken Holter, VP Communications, Aker Solutions. Tel: +47 67 52 74 35, Mob:
+47 917 87 358

Investor relations:
Ingrid Aarsnes, VP Investor Relations, Aker Solutions. Tel: +47 22 94 63 37,
Mob: +47 950 38 364

Suppliers:
For further information about sourcing and potential subcontracts for this
project, please contact the relevantBA Global Sourcing Champion.

Career opportunities:
Visithttp://www.akersolutions.com/careers

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 58 billion and employs
approximately 23 000 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.

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 acc. to §5-12 vphl
(Norwegian Securities Trading Act)


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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.
All reproduction for further distribution is prohibited.

Source: Aker Solutions ASA via Thomson Reuters ONE


Unternehmen: Aker Solutions ASA - ISIN: NO0010215684
 
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