2012-10-17 13:15:03 -

17 October 2012 - Aker Solutions has signed a contract with ENI for the Block
156 West Hub development project in the Angolan deep water region. The
contract value is approximately USD 50 million (NOK 300 million).

ENI has the operatorship of Block 156. The West Hub development project, which
is part of 156, is located approximately 350 kilometres northwest of Luanda
and 130 kilometres west of Soyo in Angola. The West Hub consists of the main
field Sangos and two additional satellite fields called Cinguvu and Ngoma.

Aker Solutions' scope of work includes the engineering, procurement,
fabrication, and supply of static and dynamic steel tube umbilicals, totalling
34 kilometres, in addition to associated equipment and hardware.

"This contract reflects our strong ambitions for West Africa and our
capabilities in Angola   where Aker Solutions has invested for several years. We
look forward to executing this project together with the client ENI," says Tove
Røskaft, head of Aker Solutions' umbilicals business.

The steel tube umbilicals will be manufactured and delivered out of Aker
Solutions' facility in Moss, Norway supported by project management, design and
engineering in Fornebu, Norway.

Subsea umbilicals are deployed on the seabed to supply necessary controls and
chemicals to subsea oil and gas wells, subsea manifolds and any subsea system
requiring a remote control.

The delivery date is in the first quarter of 2014. The contract has been signed
and booked as order intake in the third quarter of 2012.

ENDS

For further information, please contact:

Media:
Severin Roald, Vice President Communications, Aker Solutions. Tel:
+47 22 94 55 23, Mob: +47 92 03 00 33, E-mail: severin.roald@akersolutions.com

Investor relations:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39,
Mob: +47 91 13 71 94, E-mail: lasse.torkildsen@akersolutions.com

Suppliers:
For further information about sourcing and potential subcontracts for this
project, please visit www.akersolutions.com/suppliers

Career opportunities:
Visit  www.akersolutions.com/careers

Aker Solutions provides oilfield products, systems and services for customers in
the oil and gas industry world-wide. The company's knowledge and technologies
span from reservoir to production and through the life of a field.

Aker Solutions brings together engineering and technologies for oil and gas
drilling, field development and production. The company employs approximately 25
000 people in more than 30 countries. They apply the knowledge and create and
use technologies that deliver their customers' solutions.

Aker Solutions ASA is the parent company in the group, which consists of a
number of separate legal entities. Aker Solutions is used as the common brand
and trademark for most of these entities. In 2011 Aker Solutions had aggregated
annual revenues of approximately NOK 36.5 billion. The company is listed on the
Oslo Stock Exchange.

This press release may include forward-looking information or statements and is
subject to our disclaimer, see www.akersolutions.com.

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.




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     originality of the information contained therein. 
    
Source: Aker Solutions ASA via Thomson Reuters ONE
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