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Regulatory press release

AKSO: Aker Solutions Wins Umbilicals Contract for the Agogo Field Development in Angola

Aker Solutions
February 28, 2023 - Aker Solutions has been awarded a sizeable[1] contract by
Eni Angola S.p.A. - Sucursal de Angola, a subsidiary of Azule Energy Holdings
Limited ("Azule Energy "), to provide the dynamic and static subsea umbilicals
for the Agogo field development located offshore Angola in the West Hub Area of
Block 15/06.

The contract includes the engineering, manufacturing and delivery of a complete
umbilical system totaling about 36 kilometers of both dynamic and static subsea
production control umbilicals including spares, as well as ancillary equipment
and services. The umbilicals will be manufactured at Aker SolutionsŽsite in
Moss, Norway. The work starts up immediately and is planned to be delivered in
the 2nd quarter of 2024.

"We are very pleased to have been awarded another important contract by ENI in
Angola. We look forward to continuing our strong relationship by maintaining our
focus on safe and efficient operations," said Maria Peralta, executive vice
president and head of Aker Solutions' subsea business.

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

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

ENDS

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

Media Contact, Subsea:
Daniele, Rivera, mob. +55 21 993480110 daniele.rivera@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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