Aker Solutions Formally Signs Heimdal and Veslefrikk Decommissioning Award

Reference is made to the stock exchange announcement on March 18, 2021, where Aker Solutions announced receiving a letter of intent for decommissioning work in Norway. Aker Solutions has now formally signed a sizeable[1] award with Heerema Marine Contractors.

The scope includes reception, dismantling and recycling of three offshore installations from the Heimdal and Veslefrikk fields. The objective is to recycle about 98 percent of the steel and materials.

The award will booked as order intake in the fourth quarter of 2021 in the Renewables and Field Development segment.
 
¹Aker Solutions defines a sizeable contract as being between NOK 200 million and NOK 700 million.

ENDS

Aker Solutions delivers integrated solutions, products and services to the global energy industry. We enable low-carbon oil and gas production and develop renewable solutions to meet future energy needs. By combining innovative digital solutions and predictable project execution we accelerate the transition to sustainable energy production. Aker Solutions employs approximately 15,000 people in more than 20 countries.

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This press release may include forward-looking information or statements and is subject to our disclaimer, see https://akersolutions.com