Aker Solutions Rebuts Claims in Dagens NÃ¦ringsliv
19 December 2013 - Aker Solutions on Dec. 18 sent Aker KvÃ¦rner Holding an
account of 2009 agreements related to the Aker Wayfarer vessel.
Aker KvÃ¦rner Holding on Nov. 21 asked for an account of the transaction after
accusations in articles in the newspaper Dagens NÃ¦ringsliv. Norway's Industry
and Trade Minister Monica MÃ¦land requested in a letter to Aker KvÃ¦rner Holding a
review of the allegations.
Aker Solutions takes the allegations seriously and has devoted considerable
efforts into setting the record straight. Aker Solutions finds:
-Â That there is no basis for claiming there was an intent to make an
unreasonable transfer of values to Aker ASA.
-Â That the process for entering into the agreements was correct and fulfilled
all legal requirements.
-Â That the agreements were made after a thorough process that involved people
internally and externally and included both internal and external valuations.
-Â That the agreements were consistent with Aker Solutions' strategy and goals at
"This thorough account repudiates the claims that were put forth in Dagens
NÃ¦ringsliv," says Leif Borge, chief financial officer and daily manager of Aker
It is important to Aker Solutions that there is confidence that the company's
decision-making process and business strategy is based on the company's
interests and that the relationship with Aker KvÃ¦rner Holding helps promote this
business. Aker Solutions wishes to contribute to openness in this matter by
publishing the full account today on its website.
For further information, please contact:
Bunny Nooryani, Chief Communications Officer, Aker Solutions. Tel:
+47 67 59 42 71, Mob: +47 480 27 575, E-mail: email@example.com.
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39,
Mob: +47 911 37 194, E-mail: firstname.lastname@example.org.
For further information about sourcing and potential subcontracts for this
project, please visit www.akersolutions.com/suppliers
Aker Solutions Solutions provides oilfield products, systems and services for
customers in the oil and gas industry world-wide. The company's knowledge and
technologies span from reservoir to production and through the life of a field.
Aker Solutions brings together engineering and technologies for oil and gas
drilling, field development and production. The company employs approximately
28 000 people in more than 30 countries. We apply the knowledge and create and
use technologies that deliver our customers' solutions.
Aker Solutions ASA is the parent company in the group, which consists of a
number of separate legal entities. Aker Solutions is used as the common brand
and trademark for most of these entities. In 2012 Aker Solutions had aggregated
annual revenues of approximately NOK 45 billion. The company is listed on the
Oslo Stock Exchange.
This press release may include forward-looking information or statements and is
subject to our disclaimer, see www.akersolutions.com.
Link to the account (English translation):
Link to the accompanying letter (Norwegian only):
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Source: Aker Solutions ASA via GlobeNewswire