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2014-05-28

Aker Solutions ASA: Aker Solutions Wins Framework Contract From BP in Norway

May 28, 2014 - Aker Solutions has secured a framework agreement to provide
engineering, modifications and maintenance services for BP-operated oil and
gas fields offshore Norway.

The contract has a period of up to two years valued at maximum NOK 1.8
billion, with options to extend the work by as many as four years. The
agreement starts on June 1, 2014, following the expiration of an existing
framework contract for similar services.

"I'm very pleased that BP has chosen to continue working with us on the
Norwegian continental shelf," says Per Harald Kongelf, regional president for
Aker Solutions in Norway. "This is a testament to the quality of our
deliveries and the strength of our partnership with BP in Norway."

The agreement is for work on the fields Ula, Tambar, Hod, Skarv and Valhall.
The scope includes studies, maintenance and modification project work as well
as preparation work for decommissioning offshore Norway.

Aker Solutions has worked with BP in Norway for more than twenty years and
signed the first long-term framework agreement contract of this type with BP
in 1999.

ENDS

For further information, please contact:

Media:
Bunny Nooryani, Chief Communications Officer, Aker Solutions. Tel: +47 67 59
42 71, Mob: +47 480 27 575, E-mail:bunny.nooryani@akersolutions.com

Investor relations:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30
39, Mob: +47 911 37 194, E-mail:lasse.torkildsen@akersolutions.com

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

Career opportunities:
Visithttp://www.akersolutions.com/careers

Aker Solutions
is a global provider of products, systems and services to the oil and gas
industry. Our engineering, design and technology bring discoveries into
production and maximize recovery from each petroleum field. We employ
approximately 28,000 people in about 30 countries. Go
towww.akersolutions.comfor more information on our business, people and
values.

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

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Aker Solutions ASA via Globenewswire

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