Aker Solutions ASA : Aker Solutions receives second call-off from Petrobras 27thMarch 2013 - Aker Solutions has received a second call-off order from Petrobras for the delivery of subsea equipment for the Sapinhoá and Lula Nordeste pre-salt field developments in Brazil. The contract is a call-off from a frame agreement signed in April 2010. The contract value is undisclosed. Scope of work includes 20 well-sets with vertical subsea trees, subsea control systems, tools and spares within the 2013-2015 period. The contract is a call-off from a frame agreement signed in April 2010, when Petrobras ordered subsea production equipment for the Sapinhoá and Lula Nordeste fields, located 300 kilometres off the São Paulo coast in the Santos Basin offshore Brazil. Aker Solutions has delivered the first well-sets for the frame agreement signed in 2010. Technology that was developed for this contract will be utilised in the new order. "Aker Solutions has market leading deepwater technology and extensive experience from pre-salt field developments in Brazil. This contract reflects our long term commitment to support Petrobras in the development of the Brazilian deepwater fields," says Alan Brunnen, head of Aker Solutions' subsea business area. Aker Solutions has provided subsea production equipment for all the three initial field developments of the Brazilian pre-salt area. Currently, the company employs 1400 people in Brazil within several business areas. In addition to being a market leader in the pre-salt area for subsea equipment and services, Aker Solutions delivers downstream and topsides process technology, offshore mooring and loading systems, deepwater drilling systems, and subsea intervention services. The subsea equipment for the Sapinhoá and Lula Nordeste fields will be engineered and manufactured at Aker Solutions' subsea technology centre in Curitiba, the capital and largest city of the Brazilian state of Paraná in the southern part of Brazil. 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: firstname.lastname@example.org Investor relations: Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39, Mob: +47 91 13 71 94, E-mail: email@example.com Suppliers: For further information about sourcing and potential subcontracts for this project, please visitwww.akersolutions.com/suppliers Career opportunities: Visithttp://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 2012 Aker Solutions had aggregated annual revenues of approximately NOK 45 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. The information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. ------------------------------------------------------------------------------ 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 HUG#1688472
Aker Solutions ASA : Aker Solutions receives second call-off from Petrobras
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