Aker to Deliver Drilling Equipment in South Korea

Aker Solutions has been awarded two contracts with Daewoo (DSME) in South Korea for the delivery of two drilling equipment packages. The total contract value for Aker Solutions is approximately USD 180 million.

"These two contracts affirm our position as a leading deepwater drilling equipment company. With deepwater regions becoming increasingly important, we are very pleased that a world-class customer like DSME has chosen our technology and services," said Per Harald Kongelf, executive vice president, products and technologies in Aker Solutions.

The scope of work for Aker Solutions is to deliver complete drilling equipment packages consisting of equipment deliveries and commissioning services.

"Winning this contract has reinforced our positive relationship with Daewoo Shipbuilding & Marine Engineering Co Ltd and confirms our leading position in the growing market," said Thor Arne Håverstad, President of Aker Solutions' drilling equipment business.

The customer, Daewoo, will manufacture both units in South Korea.

The units are scheduled for delivery in the first half of 2012.

The contract party is Aker Solutions' subsidiary Aker MH AS.


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