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Aker Solutions LOI for Gudrun Tie-in to Sleipner

Maritime Activity Reports, Inc.

July 14, 2010

Aker Solutions has received a Letter of Intent for Sleipner Modifications Portfolio Agreement and the first project specific agreements for engineering, procurement, construction and installation (EPCI) for the Gudrun tie-in to Sleipner. This specific order will be worth approximately $144.4m. The contract in question is expected to be formalized within the next few weeks. Further information will be given when final contract is awarded, at which time the contract will be added to the order backlog of the Energy Development & Services (ED&S) business area.

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