Aker Solutions selected for detail engineering and hook-up services to Statoil's Dagny platform

Aker Solutions has been selected as the provider of detail engineering and hook-up services for the Dagny platform in North Sea, Statoil, the operator of the field, has confirmed today.

Aker Solutions is discussing with Daewoo Shipbuilding and Marine Engineering the final terms of a sub-contract to provide detail engineering for the production platform on Statoil's Dagny field. Through a separate sub-contract, the company will also perform the offshore hook-up of the 17 500-tonne platform in the North Sea. When finalised, the sub-contracts are expected to represent approximately NOK 1.4 billion in revenues for Aker Solutions.

The detail engineering services will mainly be delivered from Aker Solutions' office in Kuala Lumpur, Malaysia with support from personnel experienced in NCS developments in Aker Solutions.
 
The offshore hook-up will be performed by Aker Solutions' specialists in Norway. The hook-up is scheduled to take place in 2016.

For more information on the DSME contract and Dagny field, see dsme.co.kr or statoil.com

ENDS

For further information, please contact:

Media:
Ivar Simensen, Acting Chief Communication Officer, Aker Solutions. Tel: [phone], Mob: [phone], E-mail: [e-mail]

Investor relations:
Lasse Torkildsen, Investor Relations, Aker Solutions. Tel: [phone], Mob: [phone], E-mail: [e-mail]

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.

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#1678903