Aker Solutions wins drilling riser contract

09.01.2012  |  Globenewswire Europe

9 January 2012 - Aker Solutions has been awarded a contract by Daewoo
Shipbuilding & Marine Engineering (DSME) for the delivery of a deepwater
drilling riser system to the DSME shipyard in South Korea. The riser package
will be installed on Atwood Oceanics, Inc.'s ultra-deepwater drillship, the
Atwood Advantage. The contract value is approximately $48 million.

The 10 000 ft deepwater drilling riser system will be manufactured and delivered
out of Aker Solutions' manufacturing plant in Port Klang, Malaysia. Delivery of
the drilling riser system is scheduled for March 2014.

The delivery is related to the first of two options included in the drilling
riser contract announced in July 2011.

"We are very pleased to see our customers DMSE and Atwood exercising their
option for the Aker Solutions CLIP riser systems," says Thor Arne Håverstad,
executive vice president of Aker Solutions' drilling technologies business.

Aker Solutions has delivered 16 drilling riser systems in the past 16 months,
with positive feedback from operations.

"I am proud to see that we are able to deliver another deepwater CLIP riser to
our returning customers. These achievements are the results of the CLIP risers'
operational advantages, our technology expertise and service offering in the
deepwater drilling market," says Tom Munkejord, president of Aker Solutions'
drilling riser business.

Aker Solutions offers complete drilling equipment packages, including project
management, conceptual design, detailed engineering and procurement. Aker
Solutions provides the full range of topside drilling equipment and systems, and
worldwide customer support through a global drilling lifecycle services
organisation.

The contract has been signed and booked as order intake in Q4 2011.

ENDS

For further information, please contact:

Media:
Ivar Simensen, VP Communications, Aker Solutions. Tel: +47 67 59 41 90, Mob:
+47 46 40 23 17.

Investor relations:
Astrid Thommesen Sæbø, VP Investor Relations, Aker Solutions. Tel:
+47 22 94 63 37, Mob: +47 48 17 00 35.

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 ASA, through its subsidiaries and affiliates ("Aker Solutions"),
is a leading global oil services company that provides engineering services,
technologies, product solutions and field-life solutions for the oil and gas
industry. 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 35 billion and employs
approximately 18 000 people in about 30 countries.

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







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Source: Aker Solutions ASA via Thomson Reuters ONE

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Unternehmen: Aker Solutions ASA - ISIN: NO0010215684