Aker Solutions, StatoilHydro enter into frame agreement

Aker Solutions and StatoilHydro have entered into a frame agreement for the delivery of drilling equipment and related operational services.

Offshore staff

OSLO -- Aker Solutions and StatoilHydro have entered into a frame agreement for the delivery of drilling equipment and related operational services.

The agreement will put Aker Solutions among the preferred suppliers of drilling equipment and operational services to StatoilHydro operated fields.

The agreement for the delivery of Aker Solutions drilling equipment is awarded for a three-year period with two optional periods of two years. The agreement for operational services will run for five years with two optional periods of five years.

The contract between StatoilHydro and Aker Solutions is expected to be signed and made effective in mid-October 2008.

The contract party is Aker Solutions subsidiary Aker MH AS.

10/07/2008

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