SKF has been awarded a new five year condition based maintenance contract by Total E&P UK. In working globally with Total, SKF will in this contract provide condition based maintenance services covering a wide range of rotating equipment on Total's North Sea onshore and offshore assets.

The contract covers in-depth vibration data analysis, lubrication oil analysis and equipment process analysis as well as other specialist investigations for Total.

-This type of contract portrays the value added solutions SKF is able to offer in providing proven condition based maintenance solutions. SKF has the knowledge and the human resources to execute such challenges globally, says Vartan Vartanian, President of Service Division in SKF.

-We see our partnership with SKF as an important step in supporting our strategy of improving equipment reliability enabling us to reduce unplanned equipment downtime and helping with Total's commitment to meeting safety, health, environment and quality requirements, says Alan Messié, Operations Manager, Total E&P UK.

Unplanned equipment downtime can result in a significant loss of production per day on a typical oil platform, which makes condition based monitoring an important tool to secure equipment reliability.

Total E&P is one of the principal exploration and production subsidiaries of the Total Group, which is the fifth largest publicly traded oil and gas company in the world.

Göteborg, 18 December 2009
Aktiebolaget SKF
(publ)

AB SKF may be required to disclose the information provided herein according to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 11.15 am CET on 18 December 2009.

For further information, please contact:
PRESS: Ingalill Östman, SKF Group Communication, tel: +46 31-337 3260, mobile: +46 706-973260, e-mail: ingalill.ostman@skf.com
IR: Marita Björk, SKF Investor Relations, tel: +46 31-337 1994, mobile: +46 705-181994, e-mail: marita.bjork@skf.com

Other News:
Waukesha Bearings Acquires Inpro/Seal
SKF Awarded Condition Based Maintenance Contract by Total
The International Manufacturing Technology Show to host Industry Inspiration Day
Genuine Parts to Acquire Canada's BC Bearing
Igus Energy-supply System Comprises 200 Products
Guides Provide Low-cost Shaft and Roller Solution
Minebea Wins the 2009 Internet IR Best Company
Machine Tool Ball Screw Support Unit “BSTU Series” From NTN (Pic)