October 4, 2018 - Aker Solutions has been awarded a five-year agreement to supply brownfield modifications, maintenance and operations support for BP's Greater Plutonio and PSVM fields offshore Angola.

The scope of work covers the supply of engineering, procurement, and construction services for brownfield projects on the floating production, storage and offloading (FPSO) vessels located at each field. This includes support for upgrades to process, chemical and marine support systems, as well as refurbishment of ageing piping and equipment.

"We are delighted to support BP in Angola, an important market for Aker Solutions," commented Luis Araujo, chief executive officer at Aker Solutions. "We have a strong record of successful delivery in Angola, having provided subsea support to key projects such as Dalia and Kaombo. We are now pleased to expand this offering to include topside maintenance, modifications and operations services in West Africa."

This new contract will benefit from an extensive local training program that Aker Solutions has been driving, developing strong in-country engineering competence for both subsea lifecycle services and topside maintenance, modifications and operations. This ongoing commitment will help secure vital skills for the future of the energy industry in Angola.

Aker Solutions has been working in Angola since 1998 and currently has more than 270 employees in Luanda.

The order will be booked in the third quarter 2018.

ENDS

Media Contact:
Colin Ross, tel: +44 1224 750550,  e-mail: colin.d.ross@akersolutions.com

Investor Contact:
Fredrik Berge, tel: +47 22 94 62 19, mob: +47 450 32 090, e-mail: fredrik.berge@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 14,000 people in about 20 countries. Go to http://akersolutions.com for more information on our business, people and values.

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

Note to editors: The Greater Plutonio FPSO is located in Angola's Block 18 comprising five fields spread over an area of 5,000 sq. kilometers and in water depths of up to 1.600m.The PSVM FPSO is located in Block 31 comprising four fields spread over an area 34 kilometers wide and in water depths of up to 2,000m.