29 May 2009 - Aker Solutions has been awarded a contract with
StatoilHydro to provide mechanical wireline services on StatoilHydro
operated fields and mobile drilling units on the Norwegian
continental shelf.

The initial contract period is for three years and two months, with
two additional two-year (2+2) options. Aker Solutions estimates that
the initial three-year contract will generate income of approximately
NOK 850 million. The contract will run from 1 December 2009.

Aker Solutions is currently providing well services to StatoilHydro
on the Tampen and Halten/Nordland area, but expects the new contract
to increase the level of activity moving forward.

"We are very pleased that StatoilHydro has again selected us to be
their well intervention service provider. Our long term relationship
within this segment dates back to 1984, where Aker Solutions
performed well services for StatoilHydro on the Statfjord field. This
award is a tribute to the skilled and dedicated offshore and onshore
employees in our well service unit and their long-term co-operation
with StatoilHydro's employees", says Mads Andersen, executive vice
president in Aker Solutions.

The contract comprises mechanical wireline services on the following
StatoilHydro operated fields: Heidrun; Njord A; Brage; Gullfaks A, B
and C; Heimdal; Huldra; Kvitebjørn; Oseberg B, C, East and West;
Troll A; Veslefrikk; and Visund A. The contract also covers
mechanical wireline work on the majority of the mobile drilling units
StatoilHydro will utilise at its subsea fields in the North Sea.
Additionally, Aker Solutions will deliver onshore operational support
to StatoilHydro's field centres at Stavanger, Bergen, Stjørdal and
Harstad.

"We estimate that this award will secure work for around 350 staff,
of which a third will be located onshore and two-thirds offshore,"
says Ole Petter Thomesen, president of Aker Solutions' well service
business unit.

"The contract is also a fundament for our well intervention
technology development activity. We have over the years developed
leading well intervention technologies in close co-operation with
StatoilHydro and look forward to a continued relationship within this
key area," adds Thomesen.

Aker Solutions' contract party is Stavanger-based Aker Well Service
AS.

ENDS

For further information, please contact:

Media:
Jannik Lindbæk, SVP Corporate Communications, Aker Solutions. Tel:
+47 67 51 30 36, Mob: +47 977 55 622
Åsne Normann-Arvesen, PR Manager, Aker Soltuions. Tel: +47 67 82 62
76, Mob: + 47 93 87 10 27


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 contact BA Global Sourcing Champion, telephone
number found
here: http://www.akersolutions.com/Internet/SuppliersCentre/Contacts/SupplyManagementContacts.htm.

Career opportunities:
Visit http://www.akersolutions.com/careers

Aker Solutions ASA, through its subsidiaries and affiliates
("Aker Solutions"), is a leading global provider of engineering and
construction services, technology products and integrated solutions.
Aker Solutions' business serves several industries, including
oil & gas, refining & chemicals, mining & metals and
power generation. 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 58 billion and
employs approximately 23 000 people in about 30 countries.

Aker Solutions is part of Aker (www.akerasa.com), a group of premier
companies with a focus on energy, maritime and marine resource
industries. The Aker companies share a common set of values and a
long tradition of industrial innovation. As an industrial owner
controlling 40.27 percent of the shares in Aker Solutions through
Aker Holding AS, Aker ASA takes an active role in the development of
Aker Solutions.

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


This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.



Copyright © Hugin AS 2009. All rights reserved.