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Aker Solutions buys US produced water de-oiling product and services company

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Thu Jan 3, 2013 2:30am EST

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Aker Solutions is buying Separation Specialists Inc., a California-based provider of produced
water de-oiling products and field services, which strengthens the international oil services
company's position in the produced water de-oiling segment.

"With the acquisition of Separation Specialists, we are able to offer a complete produced water
de-oiling solution from one vendor. There is also an excellent cultural fit between the two
entities, which we look forward to further developing," says David Merle, head of Aker Solutions'
process systems business.

Aker Solutions will immediately be able to offer Separation Specialists' products, such as
nutshell filters (NSF), mechanical induced gas flotation (IGF) and field services, through its
global distribution and execution network. This will enable the company to go to market with an
integrated produced water de-oiling treatment offering, in addition to its existing crude oil
treatment offering.

"The acquisition offers an entry point for Aker Solutions' products and services to Separation
Specialists' existing client base on the US west coast, in the Gulf of Mexico, Russia and the
Middle East," says Merle.

Aker Solutions offers a complete range of process systems technologies to the oil and gas industry
adapted to onshore and offshore requirements. Aker Solutions' North American headquarter is
located in Houston, Texas.

The transaction value is undisclosed.

Separation Specialists
Separation Specialists Inc's main office is in Bakersfield, California. The company also has a
facility in Louisiana. It was established in 1989 and has about 20 employees.

The company provides products for all types of produced water, including for oilfield, industrial,
aluminum manufacturing, paper mills, and railroad usage.  The product range includes mechanically
induced gas flotation, nutshell filters/walnut shell filters, ASME tank fabrication and repair,
gravity separation equipment. The company also offers troubleshooting and field lifecycle services
for own and third-party products.

The company will continue to market its services using its current name, Separation Specialists.

ENDS

For further information, please contact:

Media:
Ivar Simensen, Acting Chief Communications Officer, Aker Solutions. Tel: +47 67 59 41 90, Mob: +47
46 40 23 17, E-mail: ivar.simensen@akersolutions.com mailto:ivar.simensen@akersolutions.com 

Investor relations:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39, Mob: +47 91 13 71
94, E-mail: lasse.torkildsen@akersolutions.com mailto:lasse.torkildsen@akersolutions.com 

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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information contained therein.

Source: Aker Solutions ASA via Thomson Reuters ONE


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