Aker awarded subsea umbilicals contract for Tamar gas field

4/15/2010

Aker awarded subsea umbilicals contract for Tamar gas field

Aker Solutions has been selected to supply subsea umbilicals for leading U.S. independent oil and gas company Noble Energy Inc. The initial order is worth approximately NOK 650 million.

Noble Energy's initial order is for approximately 240 kilometers of steel tube umbilicals. Engineering and project management will be provided from Aker Solutions' Houston office. Manufacturing will take place at Aker Solutions' umbilical facility in Mobile, Alabama. Estimated delivery date is Q2 2011. The subsea umbilicals will be used at Noble Energy's Tamar project in the Mediterranean Sea.

Opened in 2003, Aker Solutions' umbilical manufacturing facility in Mobile, with its high capacity horizontal cabler, is specially designed to meet the challenges of demanding deepwater applications.

Aker Solutions' contract party is Aker Subsea Inc. The contract was signed and booked in 1Q 2010.

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