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Aker Solutions ASA : Aker Solutions invests in Thailand

06/12/2012| 09:42am US/Eastern
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Aker Solutions has invested heavily to support the growth of the Asia Pacific region. This service base is a response to several new orders and recognition of the growing market demand in the region.

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Recently, Aker Solutions announced several investments in Malaysia including a new umbilical and a subsea service base, in addition to new equipment for its high-tech subsea manufacturing centre in Port Klang. The company is now further boosting its presence in the Asia Pacific region with a brand new workshop for lifecycle services and refurbishment in Thailand. This centre of excellence will support Aker Solutions' surface wellheads and subsea tree businesses.

Dave Hutchinson, Aker Solutions' president of the Asia Pacific subsea business says: "Aker Solutions has invested heavily to support the growth of the Asia Pacific region. This service base is a response to several new orders and recognition of the growing market demand. We are now even more capable of serving our clients."

The new workshop replaces two other service bases in Thailand and consolidates Aker Solutions' lifecycle services in Thailand under one roof. The new facility, which has a total area of 3 225sqm, opened today. 

Aker Solutions has a solid network of surface product service facilities in the Asia Pacific region. Apart from Thailand, it has service bases in Vung Tau in Vietnam, Jakarta and Duri in Indonesia, Perth in Australia, and Mumbai in India. The surface wellheads manufacturing facility is located in Batam, Indonesia, and its global sales office is based in Singapore.

ENDS

For further information, please contact:

Media:
Severin Roald, VP communications, Aker Solutions. Tel: +47 22 94 55 23, Mob: +47 92 03 00 33, E-mail: severin.roald@akersolutions.com

Investor relations:
Astrid Thommesen Sæbø, VP Investor Relations: Aker Solutions. Tel: +47 22 94 63 37, +47 48170035, E-mail:
Astrid.Thommesen.Saebo@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.

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