10 June 2009 - Aker Solutions has been awarded an EPC contract by
DONG E&P Norge, as operator of the Oselvar field, to deliver a
complete subsea production system to the North Sea field development.
Contract value is approximately NOK 350 million.

Scope of work includes engineering, procurement and construction
(EPC) of a four-slot template with manifold, three subsea trees,
control systems, subsea wellheads and 28 kilometres of steel tube
umbilicals.

A similar EPC contract, for the Trym field, was signed between Aker
Solutions and DONG E&P Norge in March his year. The Oselvar job is a
contract option to the Trym agreement. The Oselvar contract is
subject to Norwegian government approval of the plan for development
and operation (PDO).

"We are pleased to once again being chosen as DONG E&P Norge's
provider of a complete subsea production system. We will utilise our
extensive North Sea experience, and our local manufacturing network,
to deliver a successful project," says Mads Andersen, executive vice
president, Aker Solutions.

The Oselvar field is located in the south west area of the North Sea,
at approximately 70 metres water depth. The subsea production system
will be tied back to the BP-operated Ula platform, located 23
kilometres from Oselvar. Current licence partners  on the Oselvar
field are Bayerngas Produksjon Norge, Wintershall Norge ASA and
Norwegian Energy Company ASA.

The project will be managed out of Aker Solutions' headquarters in
Oslo. The subsea equipment will primarily be manufactured at Aker
Solutions' Norwegian facilities at Tranby, Moss and Egersund. Final
equipment deliveries will be made in Q1 2011.

Contract party is Aker Solutions subsidiary Aker Subsea AS.

ENDS


For further information, please contact:

Media:
Endre Johansen, VP Communications, Aker Solutions. Tel: +47 22 94 58
91, Mob: +47 416 10 605, e-mail: endre.johansen@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 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.


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