Aker Solutions, which provides engineering and construction services to the oil and gas companies, has been awarded a drilling equipment contract by Daewoo Shipbuilding and Marine Engineering in Korea for a new semi-submersible drilling rig.

The total contract value for Aker Solutions is approximately $105 million. The scope of work is to deliver a complete drilling equipment package including installation and commissioning supervision. The semi-submersible drilling rig is scheduled for delivery in the second quarter of 2011. This contract will be booked as order intake in the third quarter of 2008.

Roald Amundsen, president of Aker MH, a subsidiary of Aker Solutions, said:
We are extremely proud to have been awarded yet another important contract with Daewoo. This reconfirms Aker Solutions’s leading position as a successful supplier of complete drilling equipment packages.