Aker Solutions ASA : Aker Solutions signs umbilical contract with ExxonMobil

 Aker Solutions ASA : Aker Solutions signs umbilical contract with ExxonMobil

15 March 2013 - Aker Solutions has signed a contract with ExxonMobil for the
supply of subsea umbilicals for the Erha North phase 2 development in Nigeria.

Aker Solutions has signed a contract with ExxonMobil for the supply of subsea
umbilicals for the Erha North phase 2 development in NigeriaThe Erha North
Phase 2 development is an extension of the existing Erha subsea system and
infrastructure located approximately 97 kilometres offshore Nigeria in water
depths between 1 000 and 1 200 metres.

Aker Solutions' scope of work includes the delivery of 2 dynamic and 2 static
steel tube umbilicals, at a total length of 16.5 kilometres. The umbilicals
will be delivered in 2014.

"We are pleased to extend our global footprint and support ExxonMobil in
Nigeria. Aker Solutions provides cost effective and technically advanced
subsea umbilicals worldwide and we look forward to execute another deepwater
project", says Tove Roskaft, head of Aker Solutions' umbilicals business area.

She adds: "Aker Solutions is committed to developing the Nigerian oil and gas
industry through technology transfer and training of Nigerian nationals."

The umbilicals will be designed, engineered and manufactured at Aker
Solutions' facility in Mobile, Alabama, in the US, supported by project
management and engineering by a local team in Lagos, Nigeria.

The Mobile facility provides reliable horizontal bundling and extrusion
machines, deepwater access to installation vessels, high capacity processing
and storage carousels and on-site welding and test facilities.

Subsea umbilicals are deployed on the seabed to supply necessary controls and
chemicals to subsea oil and gas wells, subsea manifolds and any subsea systems
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
28 000 people in more than 30 countries. We apply the knowledge and create and
use technologies that deliver our 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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