Aker Wayfarer Wins Five-Year Contract from Petrobras

September 15, 2014 - Aker Solutions' subsidiary Aker Oilfield Services (AKOFS)
has won a contract worth USD 465 million over five years from Petrobras to
provide subsea intervention services offshore Brazil from the Aker Wayfarer
vessel.

The contract will start within the fourth quarter of 2016 and has a five-year
option extension. AKOFS will at the end of September become part of Akastor, an
oilfield services investment company that will be one of two companies formed as
part of the announced separation of Aker Solutions.

The Aker Wayfarer vessel will be outfitted at a yard in Norway to become a
deepwater subsea equipment support vessel (SESV). It will have a fibre-rope
deployment system, deck skidding systems and a subsea orientation equipment
system, allowing it to install and retrieve subsea trees and modules, including
subsea structures and manifolds.

The Aker Wayfarer will be the second vessel of this type operated by AKOFS in
Brazil. Skandi Santos, the first vessel of this type operated by AKOFS, has
performed SESV services successfully for Petrobras since starting operations in
March 2010.

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:
David Phillips, Head of Industry & Investor Relations, Aker Solutions. Tel:
+44 208 811 7111, Mob: +44 7788 338 887, E-mail:
david.phillips@akersolutions.com

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 information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.




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Source: Aker Solutions ASA via GlobeNewswire
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