BP awards well service contract to Aker Solutions

BP awards well service contract to Aker Solutions

ID: 6023

(Thomson Reuters ONE) - 21 September 2009 - Aker Solutions has entered into a frame agreementwith BP Norge AS to provide well intervention services on allBP-operated assets, including Valhall, Ula and the future Skarvdevelopment, on the Norwegian continental shelf.The initial contract period is for three years, with two additionalone-year options. Aker Solutions estimates that the agreement willgenerate annual revenue of approximately NOK 35-40 million.Under the agreement Aker Solutions will provide mechanical wireline,wireline tractor and production logging services, which are allservices that aim at maintaining and increasing the production of oiland gas."We have provided BP with well intervention services in Norway since1986 and are very pleased with being selected as BP's preferredservice provider for both existing and new fields on the Norwegiancontinental shelf," says Ole Petter Thomesen, president of AkerSolutions' well service business unit."Through our long and successful business relationship, we havedetailed knowledge of BP's assets in Norway and we are confident thatwe will continue to add value to their business. We are also pleasedthat the new contract includes the Skarv field. This is the largestongoing field development project in Norway and is planned to comeon-stream in 2011. We look forward to being part of this importantfield development project," adds Thomesen.Aker Solutions' contract party is Stavanger-based Aker Well ServiceAS.ENDSFor further information, please contact:Media:Endre Johansen, VP Communications, Aker Solutions. Tel: +47 22 94 5891, Mob: +47 416 10 605, e-mail: endre.johansen(at)akersolutions.comInvestor relations:Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 6751 30 39, Mob: +47 911 37 194Suppliers:For further information about sourcing and potential subcontracts forthis project, please contact BA Global Sourcing Champion, telephonenumber foundhere: http://www.akersolutions.com/Internet/SuppliersCentre/Contacts/SupplyManagementContacts.htm.Career opportunities:Visit http://www.akersolutions.com/careersAker Solutions ASA, through its subsidiaries and affiliates("Aker Solutions"), is a leading global provider of engineering andconstruction services, technology products and integrated solutions.Aker Solutions' business serves several industries, includingoil & gas, refining & chemicals, mining & metals andpower generation. The Aker Solutions group is organised in a numberof separate legal entities. Aker Solutions is used as the commonbrand/trademark for most of these entities.Aker Solutions' parent company is Aker Solutions ASA. Aker Solutionshas aggregated annual revenues of approximately NOK 58 billion andemploys approximately 23 000 people in about 30 countries.Aker Solutions is part of Aker (www.akerasa.com), a group of premiercompanies with a focus on energy, maritime and marine resourceindustries. The Aker companies share a common set of values and along tradition of industrial innovation. As an industrial ownercontrolling 40.27 percent of the shares in Aker Solutions throughAker Holding AS, Aker ASA takes an active role in the development ofAker Solutions.This press release may include forward-looking information orstatements and is subject to our disclaimer, seewww.akersolutions.com.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Bereitgestellt von Benutzer: hugin
Datum: 21.09.2009 - 12:00 Uhr
Sprache: Deutsch
News-ID 6023
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