Aker Solutions awarded contract for Staatsolie refinery expansion project


9 September 2009 - Aker Solutions has been awarded the project management consultant (PMC) contract for Staatsolie Maatschappij Suriname N.V.'s refinery expansion project in Suriname. Once completed, the project will double the refinery's processing capacity to 15 000 barrels per day, producing diesel, gasoline, fuel oil, bitumen and sulphuric acid.
 
Aker Solutions' operations in Houston, US will manage the overall PMC contract. Support will come from its Zoetermeer office in The Netherlands, providing the validation of an extended Front End Design phase 3 package under preparation by other contractors.
 
"We are delighted to be working with Staatsolie on the refinery expansion - the largest single project in the country's history," said Glyn Rodgers, president, Aker Solutions US Inc. "We will utilise our extensive refinery and project management experience to deliver a successful project."
 
Staatsolie is the State Oil Company of Suriname, which is located in Northern South America, facing the Atlantic Ocean between British Guyana, French Guiana, and Brazil.
 
The initial phase of the PMC programme is scheduled for completion during third quarter of 2010. The refinery expansion is scheduled to be completed in spring of 2013.
 
The contracting party is Aker Solutions US, Inc.
 
 
ENDS
 
 
For further information, please contact:
 
Media:
Kim Corbin, Regional Communications Manager, Aker Solutions. Tel: +1 304 720 4192, Mob: +1 304 380 6601
 
Investor relations:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39, Mob: +47 911 37 194
 
Suppliers:
For further information about sourcing and potential subcontracts for this project, please contact Rodger Liang, VP Supply Management, Process & Construction, Aker Solutions, Tel:  +86 10 640 966 36  
 
 
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.  
 
Aker Solutions' Process and Construction business area is a world leader in the project management, design and construction of major projects spanning refining, petrochemical processing, liquefied natural gas (LNG), metals and mining, power generation, nuclear clean-up, and acid plants.  From initial concept through technology development, process technology application, design, procurement, construction, commissioning, operations, maintenance, modification and decommissioning, we provide our customers with the full life cycle of services.  Process and Construction provides sound local expertise, combined with the depth and strength of global project operations.   
 
This press release may include forward-looking information or statements and is subject to our disclaimer, see www.akersolutions.com.