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Aker Solutions awarded Mongstad contract extension with Statoil

12.10.2011  |  Globenewswire Europe
12 October 2011 - Statoil has exercised an option of a three year extension of
the minor modifications frame agreement contract with Aker Solutions at the
Mongstad refinery, located on Norway's west coast. Aker Solutions estimates the
contract value to be approximately NOK 360 million.

The original frame agreement at the Mongstad refinery commenced in January 2006
and lasts until the end of 2011.

Scope of work includes studies and execution of modifications to increase
operational stability, capacity and longevity. A total of 100 people at Aker
Solutions' office in Bergen will work on the Mongstad contract.

“We are very pleased that Statoil has renewed their trust in Aker Solutions. The
Mongstad contract enables further growth for our Bergen office,“ says executive
vice president for maintenance, modifications and operations, Tore Sjursen.

Contract parties are Aker Solutions subsidiary Aker Solutions MMO AS and Statoil
ASA.

ENDS

For further information, please contact:

Media:
Cathrine Gjertsen, communications advisor, Aker Solutions. Tel:
47 51 85 25 30, Mob: 47 99 49 25 37

Investor relations:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: 47 67 51 30 39,
Mob: 47 911 37 194

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 ASA, through its subsidiaries and affiliates (“Aker Solutions“),
is a leading global oil services company that provides engineering services,
technologies, product solutions and field-life solutions for the oil and gas
industry. The Aker Solutions group is organised in a number of separate legal
entities. Aker Solutions is used as the common brand/trademark for most of these
entities.

Aker Solutions' parent company is Aker Solutions ASA.  Aker Solutions has
aggregated annual revenues of approximately NOK 35 billion and employs
approximately 18 000 people in about 30 countries.

This press release may include forward-looking information or statements and is
subject to our disclaimer, see www.akersolutions.com.


This 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#1554012]


Unternehmen: Aker Solutions ASA - ISIN: NO0010215684
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