Clarification on NRK Story on Egersund Yard

Clarification on NRK Story on Egersund Yard

ID: 350825

(Thomson Reuters ONE) -


November 7, 2014 - Norwegian broadcaster NRK today reported that Aker Solutions'
fabrication yard in Egersund, Norway, will be letting 1,500 temporary workers go
after the new year. While it is common practice at the yard to adjust the
temporary workforce to existing activity levels, no decision has been made to do
so.

The yard currently employs about 2,200 workers, both temporary and permanent,
for work on 14 projects. Activity levels are nearly record high as several
projects are at an intensive stage of work. The workload is expected to come
down next year and the need for contractors will be reduced as projects are
completed. This is in line with the yard's plans.

"We are currently tendering for several new projects for our Egersund yard and
we are confident that we will secure new work to maintain a robust activity
level also during the last half of 2015," said Per Harald Kongelf, head of Aker
Solutions in Norway. "We have no plans to lay off staff."

The use of contractors is part of the yard's business model and has typically
fluctuated from year to year. The yard typically uses contractors when activity
levels are high and scales back this use as projects are completed. The
contractors are often hired in from sub-suppliers and customers and have
contracts for specific periods.

The table below shows the fluctuations in the yard's workforce since 2010. The
numbers are comprised of permanent and temporary labor.

Time  Number of workers at yard

Spring 2010  2,000

Fall 2010  400

Spring 2013  2,900

Fall 2013  900

Spring 2014  1,500

Fall 2014  2,200

ENDS

For further information, please contact:





Bunny Nooryani, Chief Communications Officer, Aker Solutions. Tel:
+47 67 59 42 71, Mob: +47 480 27 575, E-mail: bunny.nooryani(at)akersolutions.com

Anne Cecilie Lund-Andersen, Media Relations Manager, Aker Solutions. Tel:
+47 22 94 74 52, Mob: +47 99 62 12 13, E-mail: anne.cecilie.lund-
andersen(at)akersolutions.com

Aker Solutions is a global provider of products, systems and services to the oil
and gas industry. Its engineering, design and technology bring discoveries into
production and maximize recovery. The company employs approximately 17,000
people in about 20 countries. Go to www.akersolutions.com for more information
on our on our business, people and values.




This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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 GlobeNewswire
[HUG#1869944]




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Bereitgestellt von Benutzer: hugin
Datum: 07.11.2014 - 18:01 Uhr
Sprache: Deutsch
News-ID 350825
Anzahl Zeichen: 3360

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