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2016-02-03

Aker Solutions ASA: Aker Solutions Wins MMO Contract in the UK

February 3, 2016 - Aker Solutions won a framework agreement to provide
engineering and construction services for several offshore oil and gas fields
in the UK North Sea.

The contract has a fixed period of five years as well as an option to be
extended by five years. Aker Solutions' maintenance, modifications and
operations (MMO) business in the UK will deliver on the assignment, which was
awarded by an international oil and gas operator.

"Winning this contract in such a competitive market proves Aker Solutions'
ability to find effective ways to support our customers at a challenging time
for the industry," said David Clark, Aker Solutions' regional president for
Europe and Africa.

The contract was booked as part of Aker Solutions' fourth-quarter 2015 order
intake.

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

Anne Cecilie Lund-Andersen, Media Relations Manager, Aker Solutions. Tel: +47
22 94 74 52, Mob: +47 99 62 12 13,
E-mail:anne.cecilie.lund-andersen@akersolutions.com

Investors:
David Phillips, Head of Industry&Investor Relations, Aker Solutions. Tel: +44
208 811 7111, Mob: +44 7788 338 887, E-mail:david.phillips@akersolutions.com

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

Aker Solutions
is a global provider of products, systems and services to the oil and gas
industry. Its engineering, design and technology bring discoveries into
production and maximize recovery. The company employs approximately 15,000
people in about 20 countries. Go tohttp://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, seehttp://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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