ExxonMobil extends maintenance and modification contract with Aker
Solutions
(Thomson Reuters ONE) - 13 November 2009 - ExxonMobil has decided to extend the maintenanceand modification contract with Aker Solutions, releasing a new optionon an existing agreement. Work under the new option will last untilDecember 2011. Aker Solutions estimates the contract value to beapproximately NOK 300 -400 million.The original maintenance and modification contract with ExxonMobilwas signed in December 1998. The contract had a duration of threeyears, and included seven options of two years each. This is thefifth option that ExxonMobil has exercised under this contract. AkerSolutions has carried out several large modifications for ExxonMobilover the last decade, including services on the production vesselsBalder and Jotun A, as well as the platforms Jotun B and Ringhorne."We are proud that ExxonMobil again has shown their trust in ourservices. This enables us to continue executing EPCI projects andproviding support to all of ExxonMobil's offshore assets in theNorwegian North Sea. We are now heading into very interesting phases,including preparation for the 2010 shutdown and the field lifeextension plans for Balder", says Stian Vemmestad, President ofMaintenance, Modifications and Operations in Aker Solutions.Aker Solutions scope of work for ExxonMobil typically involvesengineering design studies, engineering, procurement, constructionand installation (EPCI) contracts as well as support to the client'soffshore organisation.Work under the contract is ongoing. This fifth option phase willstart 18 Decemeber 2009 and last until 17 December 2011.The contract parties are Aker Solutions' subsidiary Aker OffshorePartner AS and ExxonMobil Exploration and Production Norway AS.ENDSFor further information, please contact:Media:Mariken Holter, VP Communications, Aker Solutions. Tel: +47 67 52 7435, Mob: +47 917 87 358Investor 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 the relevant BA Global SourcingChampion.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 22 000 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.
Bereitgestellt von Benutzer: hugin
" alt="Serengeti Intersects 0.66% Copper Equivalent over 124 metersDatum: 13.11.2009 - 10:41 Uhr
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