The agreement will put Aker Solutions among the preferred suppliers of drilling equipment and operational services to StatoilHydro operated fields. The contract between StatoilHydro and Aker Solutions is expected to be signed and made effective in mid-October 2008.

The agreement for the delivery of Aker Solutions drilling equipment is awarded for a three-year period with an option for two two-year periods. The agreement for operational services will run for five years with an option for two five-year periods.

Roald Amundsen, president of Aker MH, said: We are very pleased that StatoilHydro has considered our drilling equipment solutions to be among the best and most effective ones, which makes us a good match for a leading operator like StatoilHydro.