Aker Solutions awarded Aasta Hansteen umbilical contract

Fri Jan 25, 2013 2:00am EST

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25 January 2013 - Aker Solutions has signed a contract with Statoil for the supply of deepwater
umbilicals to the Aasta Hansteen field on the Norwegian Continental Shelf. The contract value is
approximately NOK 280 million.

Aker Solutions' scope of work includes the design, engineering and manufacturing of dynamic and
static umbilicals, a riser base and ancillary equipment.

The steel tube umbilicals will be manufactured and delivered out of Aker Solutions' facility in
Moss, Norway, supported by project management, design and engineering in Fornebu, Norway. The
umbilical riser base will be manufactured at Aker Solutions' facility in Egersund.

"The Aasta Hansteen field represents an important milestone in harsh environment development on
the Norwegian Continental Shelf. Aker Solutions is proud to be part of this major project and we
look forward to safeguarding valuable infrastructure and securing production success," says Tove
Røskaft, head of Aker Solutions' umbilicals business.

Aasta Hansteen is a deepwater project consisting of the three structures Luva, Haklang and Snefrid
South at a water depth of 1300 metres. The structures are located 300 km west of Bodø and 140 km
north of the nearest existing offshore infrastructure Norne.

The planned field development for Aasta Hansteen includes a SPAR platform, which will be the first
such installation on the Norwegian Continental Shelf.

SPAR is a floating installation consisting of a vertical column moored to the seabed. The
installation features conventional topsides with processing facilities.

Subsea umbilicals are deployed on the seabed to supply necessary controls and chemicals to subsea
oil and gas wells, subsea manifolds and any system requiring remote control.

ENDS

For further information, please contact:

Media:
Severin Roald, Vice President Communications, Aker Solutions. Tel: +47 22 94 55 23, Mob: +47 92 03
00 33, E-mail: severin.roald@akersolutions.com mailto:severin.roald@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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Source: Aker Solutions ASA via Thomson Reuters ONE


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