The frame agreement covers engineering, procurement,
construction and installation for ExxonMobil's operated
assets on the Norwegian continental shelf. The fixed
contract duration is five years from 2012 to 2017, with
options for two additional five year periods. The frame
agreement will be managed from Stavanger.
"We are very proud to be chosen by ExxonMobil to
undertake this work on the Norwegian continental
shelf," says Tore Sjursen, head of maintenance,
modifications and operations in Aker Solutions.
"This agreement ensures a great deal of predictability
for Aker Solutions," Sjursen adds.
Aker Solutions' maintenance and modification work for
ExxonMobil spans more than a decade. The first contract
between the parties was signed in 1998, and cooperation has
continued since then.
The agreement will cover Balder, Jotun A, Jotun B and
Ringhorne assets operated by ExxonMobil on the Norwegian
continental shelf.
Contract parties are Aker Solutions' subsidiary Aker
Solutions MMO AS and ExxonMobil Exploration and Production
Norway AS.
ENDS
For further information, please contact:
Media:
Magnus Godiksen, Communications advisor, Aker Solutions.
Tel: +47 51 85 29 17, Mob: +47 46 40 22 30, E-mail: magnus.godiksen@akersolutions.com
Investor relations:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions.
Tel: +47 67 51 30 39, Mob: +47 91 13 71 94, E-mail: lasse.torkildsen@akersolutions.com
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.
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