Aker Solutions wins two drilling equipment contracts
Aker Solutions has been awarded two contracts withDaewoo Shipbuilding & Marine Engineering Co Ltd in South Korea forthe delivery of identical drilling equipment packages for Odebrecht'stwo new drillships. The total contract value for Aker Solutions isapproximately USD 260 million.The scope of work for Aker Solutions is to deliver complete drillingequipment packages consisting of engineering, equipment deliveriesand commissioning services.Mads Andersen, executive vice president of Aker Solutions commented"winning this contract has reinforced our positive relationship withDaewoo Shipbuilding & Marine Engineering Co Ltd and confirms ourstrong position in the booming drillship market".The customer, Daewoo Shipbuilding and Marine Engineering Co Ltd(DSME) will manufacture both the Odebrecht I and II drillship for theclient Odebrecht, who are one of Brazil's largest contractorcompanies with a presence in over twenty countries.The first drillship is scheduled for delivery in Q1/2011 and thesecond in Q2/2011.The contract party is Aker Solutions' subsidiary Aker MH AS.ENDSFor further information, please contact:Media:Siw Anett Enerud, Communications Manager, Aker Solutions. Mob:+47 95193415. e-mail: siw.anett.enerud@akersolutions.comInvestor relations:Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 6751 30 39, Mob: +47 911 37 194Career opportunities:Visit http://www.akersolutions.com/Internet/CareerCentreAker Solutions ASA, through its subsidiaries and affiliates("Aker Solutions"), is a leading global provider of engineering andconstruction services, technology products and integratedsolutions. Aker Solutions' business serves several industries,including oil & gas, refining & chemicals, mining & metalsand power generation. The Aker Solutions group is organised in anumber of separate legal entities. Aker Solutions is used as thecommon brand/trademark for most of these entities.Aker Solutions' parent company is Aker Solutions ASA. Aker Solutions has aggregated annual revenues of approximately NOK58 billion and employs approximately 24 000 people in about 30countries.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 valuesand a long 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 developmentof Aker Solutions.This press release may include forward-looking information orstatements and is subject to our disclaimer, seewww.akersolutions.com.