Aker Solutions to tie Dagny gas production into Sleipner

30 January 2013 - Aker Solutions has been awarded the second call-off project under the Sleipner Modification Portfolio Agreement, involving the tie-in of gas production from Dagny. Contract value is NOK 650 million and the work will commence immediately.

The contract involves modification work on Sleipner A. In more detail, this includes engineering, procurement, construction, installation and commissioning (EPCIC) to tie the gas production from the Dagny platform into Sleipner A.

"We are very proud to be selected by Statoil for another tie-in project. Modification work is part of our core business and it is important for us to stay competitive and be awarded key projects such as this," says Tore Sjursen, head of maintenance, modifications and operations (MMO) in Aker Solutions.

Engineering work will be carried out at Aker Solutions` offices in Stavanger, Bergen and Mumbai and will also engage prefabrication resources at the company`s yard in Egersund. Work under the contract will be completed in 2016.

The Sleipner Modification Portfolio Agreement was awarded to Aker Solutions in August 2010 and the company is currently working on the first call-off project named Gudrun tie-in to Sleipner.

"Aker Solutions is no stranger to the Sleipner area and we look forward to continue a good working relationship with Statoil both here and on other fields," Sjursen ends.

The Sleipner area is the second largest gas producer in the North Sea, after the Troll field. The Dagny field is located approximately 30 km northwest of Sleipner East. Dagny was discovered in 1974.

ENDS

For further information, please contact:

Media:
Magnus Godiksen, Communications Adviser, Aker Solutions. Tel: +47 51 85 29 17, Mob: +47 46 40 22 30, E-mail: magnus.godiksen@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

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 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.




This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Aker Solutions ASA via Thomson Reuters ONE

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