Distribution of company announcements to the professional platforms, finance portals and syndication of important corporate news to a wide variety of news aggregators and financial news systems.
Aker Solutions ASA 27 June 2008 - Aker Solutions has been awarded six contracts from Samsung Heavy Industries. Co. Ltd. for the supply of deck machinery to 17 ships. The total value of the contracts for Aker Solutions is approximately NOK 70 million.
The award of these new contracts from Samsung boosts Aker Solutions deck machinery backlog to a historical high. Aker Solutions deck machinery order intake thus far for 2008 is approximately NOK 300 million.
Aker Solutions has for many years been a major supplier of deck machinery to Korean Shipyards. The order increase represents a breakthrough in, among others, the Chinese market. The current backlog for Aker Solutions deck machinery to China totals more than 120 ship sets. Aker Solutions has also recently secured a contract for delivery of deck machinery for ten ships being built at the newly established shipyard, Atlantico Sul in Suape, Brazil. This contract is of strategic importance in a rapidly expanding Brazilian market.
"The increased demand for our deck machinery in a highly competitive market shows that our customers have confidence in the quality of our products and our delivery capability", says Leif Haukom, President Aker Pusnes AS. "We are currently delivering a complete set of deck machinery every working day and are proud of our staff and the confidence shown us by our customers."
The contract party is Aker Solutions' subsidiary Aker Pusnes AS, based in Arendal, Norway.
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 24 000 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
