May 19, 2023 - Aker Solutions has been awarded a sizeable [1] contract from
ExxonMobil to provide dynamic and static subsea umbilical for the Uaru project
in Guyana.

The contract includes delivery of three dynamic and seven static umbilicals
totaling over 52 kilometers in length. Project execution, engineering, and
manufacturing will take place at the Aker Solutions facility in Mobile, Alabama.
The work will begin immediately, and delivery is planned for the first quarter
of 2026.

The Uaru field is part of ExxonMobil's Starbroek project in Guayna and is
expected to add approximately 250,000 barrels of daily capacity after targeted
start-up in 2026.

"We are excited by the award of the Uaru umbilical system, and to continue our
relationship with ExxonMobil in Guyana, following the previous awards of the
Payara and Yellowtail umbilical. These projects constitute an important
portfolio of work in one of the most exciting basins in the world," said Maria
Peralta, executive vice president and head of Aker Solutions' subsea business.

The contract will be booked as order intake in the Subsea segment for the second
quarter of 2023.

1) Aker Solutions defines a sizeable contract as between NOK 0.5 billion and NOK
1.5 billion.

ENDS

Media Contact:
Torbjørn Andersen, mob: +47 928 85 542, email:
torbjorn.andersen@akersolutions.com

Investor Contact:
Preben Ørbeck, mob: +47 470 10 611, email: preben.orbeck@akersolutions.com

Aker Solutions delivers integrated solutions, products and services to the
global energy industry. We enable low-carbon oil and gas production and develop
renewable solutions to meet future energy needs. By combining innovative digital
solutions and predictable project execution we accelerate the transition to
sustainable energy production. Aker Solutions employs approximately 15,000
people in more than 20 countries.

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