STEP Offshore to upgrade Awilco Drilling’s Arctic II

STEP Offshore to upgrade Awilco Drilling’s Arctic II

STEP Offshore, a wholly-owned subsidiary of Aker Solutions, has won a contract from Awilco Drilling Limited to engineer and deliver mud mixing and solids control systems to the Arctic II rig. STEP Offshore estimates that the value of the work will be approximately NOK 12 million.

The contract involves major upgrades and additions to the mud mixing and solids control equipment, and will make the Arctic II capable of operating at the leading edge, both with regards to drilling efficiency and HSE.

“We are very proud to be awarded this contract by Awilco Drilling Limited,” says Pål Eriksen, president of STEP Offshore. “It once again proves we are the preferred partner for critical drilling fluid management applications.”

All the equipment deliveries and upgrade work will take place while the rig is going through major upgrades at Remontowa ship yard in Gdansk, Poland.

The project has started, and will be completed in Q1 2011.

For further information, please contact:

Media:

Ivar Simensen, VP Communications, Aker Solutions. Tel: +47 67 59 41 90, Mob: +47 46 40 23 17,

E-mail: ivar.simensen@akersolutions.com

STEP Offshore:

Karina du Menil Sander, Public Relations contact: STEP Offshore AS

Tel: +47 943 93 984 or email: karina.sander@akersolutions.com

About STEP Offshore

STEP Offshore, a subsidiary of Aker Solutions, is a leading supplier of high quality drilling fluid management solutions for oil and gas applications. The company is located just outside Oslo in Norway. Typical STEP Offshore deliveries are automated systems to semi submersible drilling rigs, drill ships, jack ups and land rigs, both new builds and upgrades.

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