ConocoPhillips Awards Ekofisk Work to Aker

ConocoPhillips has conditionally awarded a contract for engineering, procurement and construction (EPC) of the topside module for the Ekofisk 2/4 Z platform to Aker Solutions. The contract award is subject to project approval by the PL018 license group, and Norwegian authorities' approval of the plan for development and operation (PDO). The PL018 approval is planned for the first quarter 2011 and PDO approval in the second quarter of 2011.

Contract parties are Aker Solutions' subsidiary, Aker Egersund A/S and ConocoPhillips Skandinavia A/S. Pending project sanction and final contract award, Aker Solutions will only book early engineering and procurement as order backlog.