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Regulatory press release

AKSO: Aker Solutions awarded additional Moho infill wells by TotalEnergies

Aker Solutions
May 4, 2023-Aker Solutions has been awarded a sizeable1 contract by
TotalEnergies to provide its deepwater standard Subsea Production Systems for
three additional infill wells tied-back to the Moho Nord field in the Republic
of the Congo.

Aker Solutions will deliver its standard and configurable deepwater subsea
production systems (SPS), including subsea x-mas' trees (XMT), control systems,
wellheads and related tie-ins and distribution systems for the Moho Nord field.
The operations will commence directly, with final deliveries scheduled for the
first quarter of 2025.

The Moho field represents more than half of Congo's oil production, and Aker
Solutions has been present in the field since 2013. With this award, Aker
Solutions continues a long-standing presence in West Africa while delivering its
standardized deepwater technology, enhancing Moho's potential. This development
also deepens the existing technological and commercial ties between Aker
Solutions and TotalEnergies.

"We are pleased to continue our long-standing relationship with TotalEnergies.
For Moho Infills, we will deliver TEP Congo with the deepwater version of our
standard and configurable SPS technology, leveraging our unique success with
standardization and industrialization. This standardized deepwater technology
combines several advantages for the operators, including shorter lead times,
more flexibility and increased competitiveness - the essence of standardization,
and a reduced carbon footprint, thanks to its design." said Maria Peralta,
Executive Vice President and head of Aker Solutions' Subsea business.

About the field
Moho Nord is a deep offshore oil project situated 75 kilometers off the
Congolese coast and at depths of 750 to 1,200 meters. It came on stream in March
2017 and is the largest oil project ever undertaken in the Republic of the
Congo. TotalEnergies is the operator of the field (53.5%), with partners Chevron
(31.5%) and Société Nationale des Pétroles du Congo (15%).

The contract will be booked as order intake in the second quarter of 2023 in the
Subsea segment.

1Aker Solutions defines a sizeable contract as being between NOK 0.5 billion and
NOK 1.5 billion

ENDS

Media Contact:
Torbjørn Andersen, mob: +47 928 85 542, email:
torbjorn.andersen@akersolutions.com

Investor Contact:
Preben Ørbeck, mob: +47 470 10 611, email:
preben.orbeck@akersolutions.com (Preben Ørbeck, mob: +47 470 10 611, email:
preben.orbeck@akersolutions.com)

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 15,000
people in more than 20 countries.

Visit akersolutions.com and connect with us on
Facebook (https://www.facebook.com/AkerSolutions/),
Instagram (https://instagram.com/akersolutions/),
LinkedIn (https://www.linkedin.com/company/aker-solutions),
Twitter (https://twitter.com/akersolutions) and
YouTube (https://www.youtube.com/akersolutions).

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