2 March 2011 - Aker Solutions has reached a key milestone in being selected as
one of two remaining players for the delivery competition of the Browse LNG
development. The FEED will commence immediately and the EPCI tender will be
submitted mid-2011 with expected contract award end 2011.
Per Harald Kongelf, executive vice president in Aker Solutions, says: "This is a
target project for our international field development business. I am very
pleased to learn that we have successfully reached this milestone. We are still
in competition, and will do our utmost to win the full EPCI delivery".
Operated by Woodside, the Browse LNG development seeks to process gas and
condensate from three fields off the Western Australian coast. The development
is a joint venture comprising Woodside, BHP Billiton, BP, Chevron and Shell.
The selected concept includes floating platforms, jacket platforms and an
onshore LNG facility. Aker Solutions is now in a delivery competition for the
floating platforms; two Tension Leg Platforms (TLP).
Aker Solutions has experience of delivering 50 floating platforms. These will be
the first Tension Leg Platforms in Australia.
"We look at this as an opportunity for Aker Solutions to be instrumental in
bringing TLP technology to Australia," Kongelf says.
The FEED will be delivered from the engineering offices in Oslo and Perth.
For further information, please contact:
Mariken Holter, VP Communications, Aker Solutions. Tel: +47 67 52 74 35, Mob:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39,
Mob: +47Â 911 37Â 194
For further information about sourcing and potential subcontracts for this
project, please visit www.akersolutions.com/suppliers
Aker Solutions ASA, through its subsidiaries and affiliates ("AkerÂ Solutions"),
is a leading global oil services company that provides engineering and
construction services, technologies, product solutions and field-life solutions
for the oil and gas industry. 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 AkerÂ SolutionsÂ ASA. Â AkerÂ Solutions has
aggregated annual revenues of approximately NOK 46 billion and employs
approximately 20Â 000 people in about 26 countries.
This press release may include forward-looking information or statements and is
subject to our disclaimer, see www.akersolutions.com.
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Source: Aker Solutions ASA via Thomson Reuters ONE