Aker Solutions ASA (OSL:AKVER) 27 August 2008 - Aker Solutions' environmental-friendly offloading system has been used for the first offloading of crude oil, from terminal to shuttle tanker, in the Barents Sea.

Aker Solutions has designed and delivered an offshore loading system to the Varandey field in the Barents Sea. The system has been installed on the FOIROT (Fixed Offshore Ice-Resistant Off-Loading Terminal), allowing for the offshore transfer of crude oil onto highly sophisticated ice-classed shuttle tankers designed for transporting oil in the sensitive arctic environment.

"We have been doing business with Russia for over 30 years, and further development of our innovative solutions will ensure that we maintain our position as the dominant partner in the field of offshore oil transfer for Russian oil companies and ship owners", says Leif Haukom, President of Aker Pusnes AS.

For decades, Aker Solutions has delivered offshore loading systems, i.e. bow loading and offloading for transfer of crude oil from a production unit to a shuttle tanker, for the North Sea, an environment which is harsh but sub-arctic. These specialised loading systems are developed for arctic conditions and protection of the extremely sensitive arctic environment which has the highest environmental standards namely, zero spills and zero incidents.

Both the shuttle tanker "Vasily Dinkov" and the FOIROT terminal are equipped with the latest Aker Solutions bow and offloading systems which are designed for arctic conditions. The system also includes additional safety features for the protection of the extremely sensitive arctic environment. Aker Solutions has thus far received orders for bow loading systems for 12 arctic shuttle tankers.

The FOIROT is owned by Russian oil company, Lukoil, who holds the operator license for the Varandey Field, and the shuttle tanker "Vasily Dinkov" is owned by Sovcomflot.

Two photos can be downloaded below. Photo caption: Aker Solutions loading operation at the Varandey Field in the Barents Sea

ENDS

For further information, please contact: Media: Siw Anett Enerud, communications manager, Aker Solutions. Tel: +47 22 94 71 92, Mob: +47 95193415, email: siw.anett.enerud@akersolutions.com

Investor relations: Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39, Mob: +47 911 37 194

Career opportunities: Visit http://www.akersolutions.com/Internet/CareerCentre

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 24 000 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. This press release may include forward-looking information or statements and is subject to our disclaimer, see www.akersolutions.com



LINK: http://hugin.info/77/R/1245878/269238.jpg



LINK: http://hugin.info/77/R/1245878/269239.jpg

Aker Solutions ASA

http://www.akersolutions.com/

ISIN: NO0010215684

Stock Identifier: XOSL.AKSO

ABN Newswire
ABN Newswire This Page Viewed:  (Last 7 Days: 4) (Last 30 Days: 15) (Since Published: 1101)