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Aker Solutions Enters Brazilian Installation Market

Maritime Activity Reports, Inc.

July 8, 2009

Aker Solutions has signed a contract with Maersk FPSOs to perform mooring installation work at the offshore Brazil Peregrino field. The contract is the first marine installation job for Aker Solutions in Brazil and marks the start-up of the company's marine operations unit in the country. The work involves planning and installation of an APL submerged turret production (STP) buoy, which will be moored in approximately 100-m water depth using ten mooring lines with 90-ton piles, heavy chain and wire. Mooring components will be delivered by Maersk FPSOs. The operations are scheduled to be conducted during Q4 2009.

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