06 May  2010: Aker Solutions has been selected by Kebabangan Petroleum Operating
Company  Sdn Bhd (KPOC)  as its contractor  for the detailed  engineering of the
Kebabangan  (KBB) Northern  Hub development  project located  in the South China
Sea, 130km offshore Sabah in East Malaysia.

Under the four-year contract, Aker Solutions operations in Malaysia will provide
detailed  design  and  engineering  support  through  to  the  start up phase of
project.  Aker Solutions  estimates the  contract value  to be approximately NOK
170 million.

"Expanding our international operations is high on our agenda. Being selected as
key  contractor for  detail engineering  on this  important project demonstrates
that  we  have  succeeded  in  establishing  a competitive delivery model within
detail engineering for the highly competitive Malaysian market and enables us to
further  develop our execution arm in our  target markets in South East Asia and
Australia", says Jarle Tautra, executive vice president in Aker Solutions.

The  KBB facility comprises single integrated  drilling, oil and gas production,
utilities  and quarters (PDUQ) topsides mounted on a fixed 8-leg jacket in 142m
of  water. The gas and  oil will be evacuated  via 135 km export lines to shore.
The  Shell-operated  Malikai  deep  water  field  will  be  tied in via separate
partially- stabilised liquid and dry gas lines shortly after first gas from KBB.

The topsides weight is estimated to be 17,000 MT and is designed to be installed
by the floatover method. The jacket weight is estimated to be 14,000 MT and will
be launch-installed.

Ravi  Kashyap,  President  for  Aker  Solutions' field development operations in
Malaysia  says:  "We  thank  KPOC  for  demonstrating  their  confidence in Aker
Solutions.  We have successfully  completed the concept  study and FEED for this
project  and look forward to  further building on our  relationship with KPOC in
this critical phase of the development."

KPOC,  comprising PETRONAS Carigali Sdn Bhd  (40%), ConocoPhillips Sabah Gas Ltd
(30%)  and Shell Energy  Asia Limited (30%),  will operate the Kebabangan field.
KBB  will be a  hub for the  development of deep  water and on-shelf gas and oil
assets offshore Northern Sabah.

Aker Solutions has a track record that spans 20 years in Malaysia.



ENDS


For further information, please contact:

Media:

Norway: Mariken Holter, VP Communications, Aker Solutions. Tel: +47
67 52 74 35, Mob: +47 917 87 358
Malaysia: Philip Ng, Marketing communications Asia Pacific, Tel: +
60 323 81 8309, Mob: +60 123 40 6478





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