Aker Solutions ASA : Aker Solutions secures five year MMO frame agreement
Aker Solutions secures five year MMO frame agreement14 January 2013 - Aker
Solutions has secured an important five year frame agreement for the execution
of contracts across Talisman Sinopec Energy UK Ltd's brownfield projects on
the UK continental shelf.
Although the contract contains no firm spending commitment, the anticipated
multi-million pound agreement cements the long standing relationship between
the two organisations.
Mike Forbes, UK managing director of Aker Solutions maintenance, modifications
and operations (MMO) business said: "Talisman Sinopec Energy UK Ltd is
embarking on an exciting phase in its development and we are delighted to have
been selected for this agreement."
With a significant pipeline of projects within Talisman Sinopec Energy UK
Ltd's portfolio, today's announcement reinforces Aker Solutions' strategic
objective of growing its business in the UK.
"This agreement allows us to work closely with the customer to ensure that we
plan for the successful delivery of projects in the longer term," says Mike
Aker Solutions' contract party is Aker Offshore Partner Ltd.
For further information, please contact:
Endre Johansen, VP Corporate Communications, Aker Solutions. Tel: +47 22 94 58
91, Mob: +47 41 61 06 05, E-mail: firstname.lastname@example.org
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30
39, Mob: +47 911 37 194
For further information about sourcing and potential subcontracts for this
project, please visit www.akersolutions.com/suppliers
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
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
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
information contained therein.
Source: Aker Solutions ASA via Thomson Reuters ONE
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