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Aker Solutions Selected for International Subsea Gas Compression Project

Aker Solutions' subsea compression technology has been selected by Chevron Australia Pty Ltd as operator of the Gorgon Project for the Jansz-Io Compression Project, offshore Western Australia.

Aker Solutions remains in ongoing discussions with Chevron to finalize the contract. A further announcement will be made when a contract is finalized. The value of the contract is expected to be about NOK 7 billion.

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 14,000 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

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

This stock exchange release was published by Lars Kulsrud, Senior Manager, Communications, Aker Solutions, on July 2, 2021 at 11:30 CEST.