23 December 2010 - URENCO UK Ltd has awarded Aker Solutions a contract to provide the front end design engineering and interface support for a new tails management processing and storage facility at URENCO's Capenhurst site in North West England, UK. This new storage facility, being designed in accordance with the requirements of industry regulators, is a major combined nuclear and chemical development for UK industry.
Aker Solutions will provide the engineering development for the front end engineering design, including layout and basic engineering documentation to allow the design to be progressed to detailed engineering stage.
Johan Cnossen, regional Senior Vice President, Europe, Middle East & Africa region with Aker Solutions' Process and Construction business area said, "Aker Solutions has valuable design engineering experience working within this industry, which we can transfer to this project. We are pleased to be working with URENCO on this important project."
URENCO UK Limited became a wholly owned subsidiary of URENCO Limited in 1993 following a restructuring of the URENCO Group. Since then, the site has established itself as a highly successful operation, expanding its production capacity almost threefold to 5.000 tSW/a at 31 December 2008, and contributing to the Group's objective of being the leading international supplier of enriched uranium and associated technologies.
Aker Solutions' contract party is Aker Solutions E&C Ltd. The contract value is undisclosed.
UK: Vanessa Mourant, Communications Manager, Aker Solutions. Tel: +44 (0) 207 8545 0270, Mob: +44 (0)7771 806566
For further information about sourcing and potential subcontracts for this project, please contact: Rodger Liang, VP Supply Management, Process & Construction, Aker Solutions, Tel: +86 10 640 966 36
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39, Mobile: +47 911 37 194
Notes to editors:
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 54 billion and employs approximately 22 000 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. Through its majority-owned holding company Aker Holding AS, Aker controls 40.27 percent of the shares in Aker Solutions, and takes an active role in the development of the company.
Aker Solutions' Process and Construction business area is a world leader in the project management, design and construction of major projects spanning refining, petrochemical processing, liquefied natural gas (LNG), metals and mining, power generation, nuclear clean-up, and acid plants. From initial concept through technology development, process technology application, design, procurement, construction, commissioning, operations, maintenance, modification and decommissioning, we provide our customers with the full life cycle of services. Process and Construction provides sound local expertise, combined with the depth and strength of global project operations.
This press release may include forward-looking information or statements and is subject to our disclaimer, see www.akersolutions.com