26 May 2011 -Aker Solutions has won two similar contracts, together worth approx. 120 million NOK, from CQG Oil & Gas Contractors Inc. and CCI Oil & Gas Contractors Inc., for the supply of Pusnes offloading systems(TM) to two FPSOs in the Brazilian market.

The offloading systems will be installed on the two FPSOs P-58 and P-62, which are being converted and built for Petrobras.

The two FPSOs are spread moored FPSOs, and will use the field proven Pusnes offloading system(TM) at both bow and aft ends. These offloading systems include tanker mooring and crude oil transfer components as well as emergency offloading stations. Crude oil from the FPSOs will be loaded on to dedicated dynamic positioned shuttle tankers. Aker Solutions last year secured the mooring contracts for the same FPSOs.

The Pusnes offloading system(TM) is recognised by the industry for having established an environmentally responsible, safe and secure connection from the FPSO via a crude oil hose to the dynamic positioned shuttle tanker's bow loading system. In the event of an emergency, the oil flow can be quickly stopped and the vessels disconnected rapidly and safely.

"Aker Solutions' mooring and loading systems have attained a unique position in Brazil. We have signed more than a dozen contracts for various clients in Brazil," says Leif Haukom, head of Aker Solutions' mooring and loading systems business.

As previously communicated, Aker Solutions is also supplying Pusnes mooring systems(TM) to P-58 and P-62, under the terms of a contract with Petrobras.

Aker Solutions is focusing on the Brazilian market with a wide range of offshore technologies and is expanding the local Lifecycle service organisation in parallel with making new sales.

Delivery of the offshore loading systems to P-58 and P-62 FPSOs will take place in 2011/2012.

The contract party for Aker Solutions is Aker Pusnes AS.

For further information, please contact:

Media:

Ivar Simensen, Vice President Communications, Aker Solutions. Tel: +47 6759 4190, Mob: +47 46 40 23 17, e-mail: ivar.simensen@akersolutions.com

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 and construction 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 47 billion and employs approximately 20 000 people in about 26 countries. These figures include Aker Solutions' wholly owned subsidiary Kvaerner, which will be de-merged and listed on Oslo Stock Exchange in July 2011.

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

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