Aker Solutions ASA : Aker Solutions to deliver drilling equipment package for a new rig in Azerbaijan 10 July 2013 - Aker Solutions won a contract from Caspian Drilling Company Ltd (CDC) to provide a complete topside equipment package for a new semi-submersible drilling rig in Baku, Azerbaijan. Aker Solutions to deliver drilling equipment package for a new rig in AzerbaijanThe parties agreed not to disclose the value of the order. Aker Solutions has previously delivered drilling equipment to eight drilling rigs operating in the Caspian Sea. Two of the rigs are semi submersible and operated by CDC. "The contract confirms our strong position in the Caspian market and our long-lasting relationship with CDC," said Roy Dyrseth, head of Aker Solutions' drilling technologies business. "We are pleased to secure more work in Azerbaijan after making significant investments in our infrastructure in the region." Aker Solutions last year opened a new facility in Baku to improve its offering of services in the region. The equipment will mainly be constructed and assembled at Aker Solutions' facilities in Kristiansand and Asker in Norway as well as in Erkelenz in Germany. Installation and commissioning services will be performed by the Caspian Shipyard Company Ltd., where Keppel Fels is the major shareholder. Delivery is scheduled for the fourth quarter of 2016. ENDS For further information, please contact: Media: Ivar Simensen, VP Communications, Aker Solutions. Tel: +47 67 59 41 90, Mob: +47 46 40 23 17, 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 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 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. ------------------------------------------------------------------------------ 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#1715257
Aker Solutions ASA : Aker Solutions to deliver drilling equipment package for a new rig in Azerbaijan
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