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Aker Solutions awarded frame agreement with Talisman Energy Norge AS

12.01.2012  |  Globenewswire Europe
12 January 2012 - Aker Solutions has been awarded a frame agreement for
engineering, procurement, installation and commissioning (EPCI) for Talisman
Energy's maintenance and modifications projects on the Norwegian continental
shelf.

Scope of work includes studies, engineering, procurement, fabrication, offshore
installation and commissioning (EPCI) and maintenance services. The fixed
contract duration is three years from January 2012 to December 2014, with an
option for six further years. Studies, EPCI and maintenance and modifications
will be managed from Stavanger, and prefabrication will take place at Aker
Solutions' Egersund-yard.

Although the contract contains no firm spending commitment, the anticipated
contract value for the initial three-year agreement is approximately NOK 870
million.

"We are very pleased to be working for Talisman Energy - an important operator
in the North Sea, and look forward to collaborating with them on further
development of their operating assets offshore," says Tore Sjursen, executive
vice president for maintenance and modifications in Aker Solutions.

Contract parties are Aker Solutions subsidiary Aker Solutions MMO AS and
Talisman Energy Norge AS.

ENDS

For further information, please contact:

Media:
Cathrine Gjertsen, communications manager, Aker Solutions. Tel:
+47 51 85 25 30, Mob: +47 99 49 25 37.

Investor relations:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39,
Mob: +47 911 37 194.

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.







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#1576974]


Unternehmen: Aker Solutions ASA - ISIN: NO0010215684
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