Aker Solutions wins subsea contract

17 November 2011 - Aker Solutions in Aberdeen is to manufacture and deliver a
number of subsea control modules and topside power units as part of an £8
million contract with Dana Petroleum plc.

The company has signed a contract for the project management, engineering,
procurement and construction of a number of subsea systems for the Western Isles
Development Project on the UK continental shelf. It marks the first contract
agreement between the two companies.

A total of nine subsea control modules will be delivered by Aker Solutions'
Aberdeen facility. The full scope of work will also see one master control
system, one electrical power unit, one hydraulic unit, one subsea isolation
valve panel, two topside umbilical termination units, two subsea distribution
units, five electrical distribution boxes and 11 mounting bases delivered. The
work will also include offshore installation and commissioning support of all
subsea control system equipment.

Paul Griffin, Dana Petroleum's UK Managing Director said "This is an exciting
time for Dana as we strive to grow our business in the UK and internationally.
The Western Isles development is a significant project for us and we're pleased
to be working with Aker Solutions to bring the field online, with first
production expected in late 2014."

The Western Isles Development Project is located 500 kilometres north east of
Aberdeen and comprises the Harris and Barra reservoirs.

"We are very pleased to be awarded this important contract with Dana Petroleum.
Not only does this contract allow us to utilise the full strength of our subsea
offering, it also reinforces our position as a leading name in the subsea
technology sector. We look forward to building a relationship with this new
customer," said Alan Brunnen, EVP Subsea within Aker Solutions.

Final deliveries will be made in Q2 2013.

Aker Solutions' contract party is Aker Subsea Ltd.

Aker Solutions is one of the largest employers in the north-east of Scotland,
employing around 2,500 people at bases across Aberdeen City, Dyce and
Portlethen.

ENDS

For further information, please contact:

Media:
Severin Roald, VP communications, Aker Solutions, +47 22 94 55 23, Mob:
+47 92 03 00 33, E-mail:severin.roald@akersolutions.com

Investor relations:
Astrid Thommesen Sæbø, VP Investor Relations, Aker Solutions. Tel:
+47 22 94 63 37, +47 48170035, E-mail:
astrid.thommesen.saebo@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 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.

About Dana Petroleum
Dana Petroleum is an international oil and gas exploration and production
company with operations in the UK, Europe and Africa. Acquired by the Korean
National Oil Company in October 2010, Dana's strategy is to grow production and
reserves in the UK and internationally by becoming a partner of choice in its
chosen markets.

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