Aker Solutions wins Gullfaks South contract

Fri Dec 28, 2012 2:31am EST

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28 December 2012 - Aker Solutions has been awarded a topside modification contract by Statoil to
increase oil recovery at Gullfaks South. Estimated contract value is NOK 180 million.

The main object of the project is to deliver topside modification for tie-in of two new templates,
located at Gullfaks South, to Gullfaks A, plus topside modification for re-routing production from
existing template D from Gullfaks A to Gullfaks C.

Scope of work under the Gullfaks South increased oil recovery topside project includes
engineering, procurement, construction, installation and commissioning assistance (EPCIc).

"This will be a challenging and exciting job. It is an important assignment for Aker Solutions,
which shows that we are competitive on jobs in all levels of the market. We are pleased that
Statoil renews their trust in our topside modification services," says Tore Sjursen, head of Aker
Solutions' maintenance, modifications and operations business.

Maintenance and modifications work will help to increase oil recovery rate and extend the life of
the Gullfaks field. 

The Gullfaks South increased oil recovery topside EPCIc assignment will be executed by Aker
Solutions' maintenance, modifications and operations team in Bergen, Norway. Pre-fabrication will
be performed at Aker Solutions' fabrications facilities at Aagotnes, Bergen.

Project completion date is estimated to the end of 2014.

Aker Solutions' contract party is Aker Solutions MMO AS.

ENDS

For further information, please contact:

Media: 
Endre Johansen, Vice President Communications, Aker Solutions. Tel: +47 22 94 58 91 , Mob: +47 41
61 06 05, E-mail: endre.johansen@akersolutions.com mailto:endre.johansen@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 http://www.akersolutions.com/suppliers 

Career opportunities:
Visit http://www.akersolutions.com/careers http://www.akersolutions.com/careers 

Aker Solutions provides oilfield products, systems and services for customers in the oil and gas
industry world-wide. The company's knowledge and technologies span from reservoir to production
and through the life of a field.
 
Aker Solutions brings together engineering and technologies for oil and gas drilling, field
development and production. The company employs approximately 25 000 people in more than 30
countries. They apply the knowledge and create and use technologies that deliver their customers'
solutions.
 
Aker Solutions ASA is the parent company in the group, which consists of a number of separate
legal entities. Aker Solutions is used as the common brand and trademark for most of these
entities. In 2011 Aker Solutions had aggregated annual revenues of approximately NOK 36.5 billion.
The company is listed on the Oslo Stock Exchange.
 
This press release may include forward-looking information or statements and is subject to our
disclaimer, see www.akersolutions.com http://www.akersolutions.com .


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Source: Aker Solutions ASA via Thomson Reuters ONE


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