Norway's Kvaerner announced that it has signed a contract worth approximately $107 million (NOK 900 million) with Equinor for the delivery of a steel substructure for the Johan Sverdrup Phase 2 process platform.“With this contract, Kværner and…
Norway's Equinor has awarded a NOK 900 million ($107 million) contract to local contractor Kvaerner for delivery of the steel substructure for the Johan Sverdrup Phase 2 process platform.The engineering, procurement and construction (EPC) award…
Kvaerner, a Norwegian builder of oil platforms, aims to increase its revenue by some 40 percent by 2022 by expanding abroad, the company said on Tuesday after reporting a sharp decline in third-quarter earnings that drove down its shares.Kvaerner's quarterly earnings before interest…
Statoil, on behalf of the Johan Sverdrup partnership, signed a letter of intent with Aibel for the construction of the processing platform topside for phase 2 of the project. A letter of intent for field center modifications is also issued to a joint venture of Aker Solutions and Kværner…
Norwegian engineering and fabrication firm Kvaerner has been awarded a US$120 million (NOK1 billion) contract for delivery of the topside and steel jacket substructure for Valhall Flank West by operator Aker BP. Kvaerner's scope includes procurement…
Repsol Norge is moving forward with a new attempt to develop the Yme field offshore Norway. The firm has awarded a contract to Maersk Drilling for use of the combined drilling and production jackup Mærsk Inspirer for five years, with a five-year extension…
Husky Energy has awarded Kvaerner a contract for engineering and marine operations to tow and install the concrete gravity structure (CGS) for the West White Rose Project offshore Canada. The installation is scheduled for Q2 2021. The…
Kvaerner has been awarded a contract with Norske Shell for the disposal and demolition of the Subsea Compression Pilot at Nyhamna. Image from Kvaerner. The scope of work consists…
Statoil successfully installed the largest jacket on the Norwegian Continental Shelf (NCS) at its Johan Sverdrup project, giving the Norwegian giant the first visible sign of the field. The jacket…
Kvaerner has completed the Johan Sverdrup riser platform (RP), named Ægir, with delivery set for next month. Image from Kvaerner. The jacket is the first major structure for the Johan Sverdrup project to be completed…
Rolls-Royce has been chosen by Norway-based engineering and construction services firm Kvaerner to provide a mooring system for Norwegian oil and gas company Statoil’s oil platform, Njord A. Njord A is being upgraded by Kvaerner and Rolls…
Kvaerner and Aker BP have signed a framework agreement that will see Kvaerner provide construction and hook-up of fixed offshore platforms, including topsides and steel jacket substructures. The first project of the deal is set to be the Valhall West Flank normally unmanned installation…
Norwegian engineering firm Aker Solutions is to provide design engineering for Statoil's semisubmersible Njord A platform upgrade in Norway under sub-contract to Kvaerner, which in turn has a US$590 million engineering, procurement and construction contract on the job…
Norwegian firms Aker Solutions and Aibel have won hook-up and commissioning contracts on Statoil's massive Johan Sverdrup field development offshore Norway. The contracts have a total value of slightly less than NOK 1.3 billion, excluding options…
Sturla Magnus has been appointed new executive vice president (EVP) for Structural Solutions and responsible for Kvaerner's yard at Verdal. He will start in his new position 1 April 2017 at the latest. Previous EVP of Structural Solutions…
