Aker Solutions ASA : Aker Solutions awarded Aasta Hansteen umbilical contract

Aker Solutions ASA : Aker Solutions awarded Aasta Hansteen umbilical contract

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 awarded Aasta Hansteen umbilical contractAker 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

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.

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Source: Aker Solutions ASA via Thomson Reuters ONE
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