Aker Solutions wins well service contract in Ghana

Aker Solutions wins well service contract in Ghana

ID: 110782

(Thomson Reuters ONE) -


3 February 2012 - Aker Solutions has signed a frame agreement with Tullow Ghana
Limited to provide well intervention services for the oil company's Jubilee and
Tano deepwater fields offshore Ghana, West Africa.

The initial contract period is for three years, with two additional one-year
options (3+1+1). Aker Solutions estimates that the agreement will generate
annual revenues of approximately USD 4 million.

Under the agreement Aker Solutions will provide slickline and coiled tubing
equipment and services, which are conducted with the objective of maximising
production of oil and gas. Aker Solutions has delivered well services to
Tullow's Jubilee field since 2008.

"Tullow is the largest independent oil and gas exploration and production
company operating offshore West Africa. We are pleased to be able to support
their ambitious growth plans through providing our technologies and services to
increase oil recovery ratios," says Wolfgang Puennel, head of well intervention
services in Aker Solutions.

"Ghana is an up-and-coming oil nation. This new and extended contract with
Tullow provides us with a solid long term outlook for our operations there. We
will utilise this to set up a more permanent presence in Ghana, which will also
drive the need for a larger local workforce. This will put us in a better
position to secure further oil service work in the country," adds Puennel.

Aker Solutions' contract party is Aker Qserv Ltd.

ENDS

For further information, please contact:

Media:
Endre Johansen, VP Communications, Aker Solutions. Tel: +47 2 94 58 91, Mob:
+47 416 10 605, E-mail:endre.johansen(at)akersolutions.com

Investor relations:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39,
Mob: +47 911 37 194, E-mail:lasse.torkildsen(at)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 ASA, through its subsidiaries and affiliates ("Aker Solutions"),
is a leading global oil services company that provides engineering services,
technologies, product solutions and field-life solutions for the oil and gas
industry. 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 35 billion and employs
approximately 18 500 people in about 30 countries.

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







This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Aker Solutions ASA via Thomson Reuters ONE

[HUG#1582307]


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Bereitgestellt von Benutzer: hugin
Datum: 03.02.2012 - 08:30 Uhr
Sprache: Deutsch
News-ID 110782
Anzahl Zeichen: 3682

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