Subsea workover system award to Aker Solutions

11 February 2011 - Aker Solutions has been awarded a letter of intent (LOI) from
Statoil for the engineering, procurement and construction of a subsea workover
system for the Vigdis North East development on the Norwegian Continental Shelf.
Aker Solutions estimates that the contract value will be approximately NOK 500
million.

The scope of work includes a complete suite of components for open water
workover operations. The Vigdis North East workover system will perform normal
start up operations for field development.

Workover equipment is used on every subsea well, for installing equipment and
preparing the well for production. During field life, workover equipment is used
during the maintenance of subsea wells to improve oil recovery.

"We are very pleased to be awarded this LOI from Statoil for a new standardised
workover system. This award will propel Aker Solutions into pioneering workover
operations not only on our own equipment, but also towards third parties. Our
equipment enables higher efficiency and lower costs, resulting in more wells
being drilled and completed," says Mads Andersen, executive vice president of
Aker Solutions' subsea business area.

The Vigdis North East workover system project will be managed at Aker Solutions'
Tranby Technology and Manufacturing Center in Norway. The manufacturing of the
well control package and riser elements will be completed in Tranby and the
control systems out of Aberdeen. Final deliveries will be made in June 2012.

Vigdis North East is a fast-track oil and gas development located in water
depths of approximately 280 meters in the Norwegian sector of the North Sea.

Aker Solutions' contract party is Aker Subsea AS.



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:

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 and
construction 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 50 billion and employs
approximately 20 000 people in about 26 countries.

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 Thomson Reuters ONE

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Unternehmen: Aker Solutions ASA - ISIN: NO0010215684