Aker Solutions to supply subsea connection systems for P-55 at Roncador field

Aker Solutions has signed two contracts to supply subsea connection systems for the P-55 platform, which will operate at the Roncador field offshore Brazil. Contract value is undisclosed.

The contracts were signed with Petrobras and Subsea 7, for the following scope of work:

Petrobras: Three Plets (pipeline-end termination systems), two rigid jumpers, tools and accessories
Subsea 7: Two sets of 12“ Plets, one set of 12” ILT (t-shaped pipeline), tools and accessories

This equipment will be responsible for oil and gas pipelines interconnection of module 3 of the P-55 platform, which will start its activities in 2013 at the Roncador field in Campos Basin offshore Brazil.

With these two contracts Aker Solutions will be the sole supplier of connection systems for P-55 platform, with both sides of the P-55 utilising the company’s connection systems.

“Our experience in providing Plet connection systems, with over 30 units installed in Brazil, was a key factor to secure these partnerships,” says Delio Lopes, sales manager for Aker Solutions in Brazil.

The Roncador Field is located in the north area of Campos Basin, around 125 km from the coast. It covers 111 square kilometres with water depths ranging from 1,500 to 1,900 meters.

Contract party is Aker Solutions do Brasil Ltda.

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 58 billion and employs approximately 23 000 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.