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Aker Solutions Wins Framework Contract From BP in Norway

28.05.2014  |  Globenewswire Europe
May 28, 2014 - Aker Solutions has secured a framework agreement to provide
engineering, modifications and maintenance services for BP-operated oil and gas
fields offshore Norway.

The contract has a period of up to two years valued at maximum NOK 1.8 billion,
with options to extend the work by as many as four years. The agreement starts
on June 1, 2014, following the expiration of an existing framework contract for
similar services.

"I'm very pleased that BP has chosen to continue working with us on the
Norwegian continental shelf," says Per Harald Kongelf, regional president for
Aker Solutions in Norway. "This is a testament to the quality of our deliveries
and the strength of our partnership with BP in Norway."

The agreement is for work on the fields Ula, Tambar, Hod, Skarv and Valhall. The
scope includes studies, maintenance and modification project work as well as
preparation work for decommissioning offshore Norway.

Aker Solutions has worked with BP in Norway for more than twenty years and
signed the first long-term framework agreement contract of this type with BP in
1999.

ENDS

For further information, please contact:

Media:
Bunny Nooryani, Chief Communications Officer, Aker Solutions. Tel:
+47 67 59 42 71, Mob: +47 480 27 575, E-mail: bunny.nooryani@akersolutions.com

Investor relations:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39,
Mob: +47 911 37 194, E-mail: lasse.torkildsen@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 is a global provider of products, systems and services to the oil
and gas industry. Our engineering, design and technology bring discoveries into
production and maximize recovery from each petroleum field. We employ
approximately 28,000 people in about 30 countries. Go to www.akersolutions.com
for more information on our business, people and values.

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 GlobeNewswire on behalf of
GlobeNewswire 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 GlobeNewswire
[HUG#1789005]
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