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Kvaerner Taking Advice on Strategic Growth Alternatives
Kvaerner says it is exploring new strategic opportunities to further strengthen its business and has retained Greenhill & Co. International LLP to advise on evaluating all strategic alternatives.
Kvaerner in Big Statoil Offshore Platform Deal
Kvaerner says it has established a frame agreement with Statoil for delivery of steel jacket substructures to Statoil-operated fields. Based on this frame agreement…
Kvaerner Says
Although international engineering and industrial giant Kvaerner is anxious to divest itself of its shipbuilding operations, the company is refusing to sell shipyards…
Kvaerner Says It Won't Raise Takeover Bid
Anglo-Norwegian industry group Kvaerner said on Friday that it would not raise or extend its $725 million takeover bid for oil and gas services firm Aker Maritime…
Engineering Services Contract Established Between BP and Aker Kvaerner
Aker Kvaerner Netherlands B.V., part of the Aker Kvaerner Group, has received a letter of intent, based on Contract Terms currently being finalised, to perform Engineering…
Kvaerner Says It Has Common Interests With Aker Maritime
Kvaerner's chief official Kjell Almskog reportedly said a possible union between Kvaerner's Oil & Gas division and Aker Maritime is an exciting prospect but only theoretical…
Kvaerner Says Shipyard Sale Plans Are 'Well Advanced'
Kvaerner ASA officials reported that talks on the sale of most of its shipyards were "well advanced," even though the group will not reach its goal of exiting shipbuilding in 1999.
Aker Kvaerner Deepwater contract for GOM
Chevron, with partner Kerr-McGee, has awarded Aker Kvaerner, Inc. the semisubmersible hull and mooring system contract for their Blind Faith project in the Gulf of Mexico.