Aker Solutions awarded umbilical contract by Endeavour Energy UK

Aker Solutions awarded umbilical contract by Endeavour Energy UK

ID: 56602

(Thomson Reuters ONE) -


 21 July 2011 - Aker Solutions has signed a contract with Endeavour Energy UK, a
subsidiary of Endeavour International Corporation, to supply subsea umbilicals
and associated equipment for the East Rochelle development project located
offshore UK. The contract value is approximately NOK 83 million (USD 15
million).

Aker Solutions will supply one 30 kilometre infield control umbilical and one
650 metre riser umbilical that will provide all system functions for the
Rochelle field. Subsea umbilicals are deployed on the seabed to supply necessary
control and chemicals to subsea oil and gas wells, subsea manifolds and any
subsea system requiring a remote control.

The East Rochelle development project comprises of block 15/27 in the Central
North Sea, and represents the first phase of the development of the Rochelle
area. Endeavour is the operator of East Rochelle.

"We are very pleased to sign our first contract with Endeavour Energy UK. This
is an important award for Aker Solutions and confirms our strong position in the
umbilical market globally", says Tove Røskaft, senior vice president of Aker
Solutions' umbilical business.

Engineering of the umbilicals will be managed out of Aker Solutions' facility in
Oslo, Norway, and the umbilicals will be manufactured at Aker Solutions'
facility in Moss, Norway. Final deliveries will be made in 2012.

Aker Solutions' contract party is Aker Subsea AS.

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

Investor relations:

Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39,
Mob: +47 911 37 194

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 17 000 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#1532575]


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Datum: 21.07.2011 - 11:55 Uhr
Sprache: Deutsch
News-ID 56602
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