Aker Solutions secures contract for Fram Sør tie-in project

09 Jul 2025 08:00 CEST

July 9, 2025 - Aker Solutions has been awarded a sizeable[1] contract by Equinor
to prepare the topside of Troll C to receive and process the production from the
Fram Sør subsea tie-in project.

Fram Sør will be developed as a subsea tie-in to Troll C and will utilize the
existing processing capacity on the platform. The area is located 20 km north of
the Troll C platform.

The tieback requires modifications to the topside of the Troll C platform. The
scope includes engineering, procurement, construction, installation, and
commissioning (EPCIC), as well as services for the new subsea templates.

Aker Solutions has carried out the front-end engineering and design (FEED) for
the project, led by its office in Bergen.

Project management, detailed engineering, procurement, and shop engineering will
be handled by the Bergen and Mumbai offices. Fabrication will take place at the
company's yard in Egersund.

The project will commence right away, with production scheduled to start at the
end of 2029.

The contract will be booked in the Life Cycle segment as order intake for the
third quarter of 2025.

[1]Aker Solutions defines a sizeable contract as between NOK 0.5 billion and NOK
1.5 billion.

ENDS

Preben Ørbeck
investor relations
preben.orbeck@akersolutions.com
+47 470 10 611

Hallvard Norum
media contact
hallvard.norum@akersolutions.com
+47 913 80 820

Aker Solutions delivers integrated solutions, products and services to the
global energy industry. We enable low-carbon oil and gas production and develop
renewable solutions to meet future energy needs. By combining innovative digital
solutions and predictable project execution we accelerate the transition to
sustainable energy production. Aker Solutions employs approximately 11,900
people in more than 15 countries.

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This press release may include forward-looking information or statements and is
subject to our disclaimer, see https://akersolutions.com

This information is subject of the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

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