Thomson Reuters

Aker Solutions to supply subsea umbilicals to Noble Energy

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Source: Thomson Reuters

9 April 2010 - Aker Solutions has been selected to supply subsea umbilicals for leading US independent oil and gas company Noble Energy Inc. The initial order is worth approximately NOK 650 million.

 

Noble Energy's initial order is for approximately 240 kilometres of steel tube umbilicals. Engineering and project management will be provided from Aker Solutions' Houston office. Manufacturing will take place at Aker Solutions' umbilical facility in Mobile, Alabama. Estimated delivery date is Q2 2011. The subsea umbilicals will be used at Noble Energy's Tamar project in the Mediterranean Sea.

 

Opened in 2003, Aker Solutions' umbilical manufacturing facility in Mobile, with its high capacity horizontal cabler, is specially designed to meet the challenges of demanding deepwater applications.

 

Aker Solutions' contract party is Aker Subsea Inc.

 

The contract was signed and booked in Q1 2010.

 

ENDS

 

For further information, please contact:

 

Media:

Endre Johansen, VP Communications, Aker Solutions. Tel: +47 22 94 58 91, Mob: +47 416 10 605, E-mail: endre.johansen@akersolutions.com

 

Investor relations:
Lasse Torkildsen
, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39, Mob: +47 911 37 194

 

Suppliers:
For further information about sourcing and potential subcontracts for this project, please contact the relevant
BA Global Sourcing Champion.

 

Career opportunities:
Visit http://www.akersolutions.com/careers

 

Aker Solutions ASA, through its subsidiaries and affiliates ('Aker Solutions'), is a leading global provider of engineering and construction services, technology products and integrated solutions. Aker Solutions' business serves several industries, including oil & gas, refining & chemicals, mining & metals and power generation. The Aker Solutions group is organised in a number of separate legal entities. Aker Solutions is used as the common brand/trademark for most of these entities. 

 

Aker Solutions' parent company is Aker Solutions ASA.  Aker Solutions has aggregated annual revenues of approximately NOK 54 billion and employs approximately 22 000 people in about 30 countries.

 

Aker Solutions is part of Aker (www.akerasa.com), a group of premier companies with a focus on energy, maritime and marine resource industries. The Aker companies share a common set of values and a long tradition of industrial innovation. As an industrial owner controlling 40.27 percent of the shares in Aker Solutions through Aker Holding AS, Aker ASA takes an active role in the development of Aker Solutions.  

 

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 acc. to §5-12 vphl (Norwegian Securities Trading Act)

HUG#1401643


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