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Aker Solutions Wins Drilling Equipment Contracts

Maritime Activity Reports, Inc.

July 15, 2008

Aker Solutions has been awarded two contracts with Daewoo Shipbuilding & Marine Engineering in for the delivery of identical drilling equipment packages for Odebrecht's two new drillships.
The total contract value for Aker Solutions is approximately $260m.
The scope of work for Aker Solutions is to deliver complete drilling equipment packages consisting of engineering, equipment deliveries and commissioning services.
The first drillship is scheduled for delivery in Q1/2011 and the second in Q2/2011.

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