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Kvaerner Awarded

Aker Kvaerner Awarded Mooring Systems Contracts

Aker Kvaerner has recently been awarded contracts for the delivery of advanced mooring systems with a total contract value of $29.5m. The contracts comprise deliveries both to the offshore and marine industry. The work is undertaken by the Aker Kvaerner subsidiary Aker Kvaerner Pusnes in Arendal. The awards include delivery to the two advanced Aker Drilling H6e semi-submersible rigs to be built at Aker Kvaerner Stord and to five deepwater semi-submersible rigs to be built at Jurong's shipyard in Singapore. Manufacturing of the equipment will take place in Europe and Asia. The delivery dates are scheduled from 2007 to 2009.


Aker Kvaerner Awarded contracts for Arctic Shuttle Tankers

Aker Kvaerner has been awarded contracts from Russian Admirality Shipyards to supply equipment for two shuttle tankers destined to operate in Arctic waters. The contracts include bow loading systems and complete mooring and emergency towing systems. The equipment is designed for the extreme low temperature conditions in the Arctic areas. The vessels are being built for the Russian Shipowner Sovcomflot to service the Prirazlomnaya field in the Pechora sea.


Aker Kvaerner $130m Contract from Daewoo Shipbuilding

Norwegian oil services group Aker Kvaerner said it has been awarded a drilling equipment contract from Daewoo Shipbuilding & Marine Engineering Co in Korea for an ultradeep drillship. Aker Kvaerner said the total contract is worth about $130m. The group said it will deliver a drilling equipment package including installation and commissioning supervision. The drillship is scheduled for delivery in the third quarter of 2011.


Aker Kvaerner Signs Agreement with Woodside

Aker Kvaerner has signed a frame agreement with Woodside Petroleum Ltd to become the Australian oil and gas giant's preferred supplier of steel tube umbilicals. The contract could be worth between NOK 150 - 200 million annually. The frame agreement is awarded for a three year period with optional periods of one + one year and has the potential to support Woodside Petroleum Ltd with its proposed LNG developments.


Aker Kvaerner and Statoil Sign Agreement

Aker Kvaerner has signed a letter of intent with Statoil ASA to enter a five-year frame agreement for the delivery of subsea production systems and related operational services. The agreement will make Aker Kvaerner's subsea division a preferred supplier to deliver complete subsea solutions to Statoil's new field developments as well as additional equipment to new and existing fields. The frame agreement for aftermarket services is valid for new fields.


Letter of Intent Signed with Aker Kvaerner on Gjoa Field

Aker Kvaerner has awarded Kongsberg Maritime a Letter of Intent for integrated control systems for safety and process automation on board a semi-submersible production platform destined to be used on the Gjoa oil and gas field in the North Sea. Aker Kværner will be building the platform deck, attaching it to the hull and preparing the platform for operation. Gaz de France Norway will be operator of the field. Besides safety and automation systems


Aker Kvaerner Wins Contract in Vietnam

Aker Kvaerner has been awarded a five year contract by Cuu Long Joint Operating Company (CLJOC) for the supply and installation of surface wellheads and valve trees in the Vietnamese Cuu Long Basin. Aker Kvaerner's business area Subsea will supply the wellhead and control tree system as well as associated components. The equipment will be used to support the new Sutu Vang (Golden Lion) and Sutu Den (Black Lion) fields of the Cuu Long Basin.


Kværner Wins GBS Offshore Newfoundland Contract

Kvaerners GBS Track Record: Image credit: Kvaerner

Kvaerner Contractors to provide engineering, procurement & construction (EPC) services for the Hebron Project gravity based structure (GBS). ExxonMobil Canada Properties has released the option for Kvaerner's joint venture company Kiewit-Kvaerner Contractors to provide the full scope of engineering, procurement and construction (EPC) services for the Hebron Project gravity based structure (GBS). The contract value for Kvaerner's share of the full EPC contract is approximately USD 1


Dow Awards Aker Kvaerner Contract

The Union Carbide Chemicals & Plastics Technology Corporation (UCCPTC), a subsidiary of The Dow Chemical Company, has awarded Aker Kvaerner an engineering contract to assist in the development of process design packages and extended process design packages for two Ethylene Oxide/Ethylene Glycol (EO/EG) plants that will use the METEOR(TM) LEC EO/EG technology. The plants will be built in the People's Republic of China by subsidiaries of Sinopec under a license from UCCPTC


Kvaerner Masa-Yards Releases First Quarter Results

The Kvaerner Group has published its first quarter 2002 results. Kvaerner Masa-Yards' business operations contributed to the Group results with an operating profit of $16 million. Kvaerner Masa-Yards' operating revenues for the period were $2,431 million. At the end of March, the unrecognized sales value of the orderbook was 1.3 billion. The operating profit of Kvaerner Masa-Yards Inc. according to Finnish Accounting Standards (FAS) was slightly higher than the figure reported by the


Samsung Wins $890 mln Statoil North Sea Contract

Johan Sverdrup field in the North Sea (rendering: Statoil)

Norwegian oil major Statoil  has awarded Samsung Heavy industries an $888 million contract for two platform decks on the giant Johan Sverdrup field in the North Sea, it said on Tuesday. The contract includes fabrication of decks for both the process and riser platforms for the Sverdrup


Samsung Bags Order for Decks on Johan Sverdrup

Johan Sverdrup

  Statoil, on behalf of the Johan Sverdrup license, has awarded Samsung the contract for decks for both the process and riser platforms.  The total contract value is NOK 7 billion. The contract is a fabrication contract (FC) of decks for the process and riser platforms


Drydocks World Highlights Capabilities at Nor-Shipping

Photo: Drydocks World

Drydocks World, provider of maritime and offshore services to the shipping, oil, gas and energy sectors, showcased its global services, projects and infrastructure to an international audience at the 50th Nor-Shipping Exhibition in Oslo from June 2-5, 2015.   


Fuel-saving Upgrades for 11 Odfjell Tankers

M/T Bow Firda, delivered in 2003, was the last and most advanced chemical tanker in Odfjell’s 37,500 dwt Kværner Class. It is powered by an MAN B&W 7S50ME-C main engine driving a MAN Alpha VBS1560 propeller and shaft alternator (Photo: MAN Diesel & Turbo)

Upgrade packages ordered for Odfjell Tankers fuel-saving upgrade package with Kappel technology to optimize propulsion efficiency and lower fuel consumption of 11 vessels   MAN Diesel & Turbo’s Propeller & Aft Ship organization has won an order to retrofit and upgrade a series


Kvaerner, KBR JV wins Johan Sverdrup Deal

Illustration of the Johan Sverdrup utility and living quarter platform. You can download a larger version from the link in the right-hand column.

  Kvaerner in a joint venture with KBR has signed a contract with Statoil for the complete delivery of the platform topside to the Johan Sverdrup field development. The agreement to deliver the deck for the utility and living quarter (ULQ) platform comes after a tough international


Upgrade Packages Ordered for Odfjell Tankers

MT Bow Firda, delivered in 2003, was the last and most advanced chemical tanker in Odfjell’s 37,500 dwt Kværner Class. It is powered by an MAN B&W 7S50ME-C main engine (the world’s first) driving a MAN Alpha VBS1560 propell

  Fuel-saving upgrade package with Kappel technology to optimise propulsion efficiency and lower fuel consumption of 11 vessels MAN Diesel & Turbo’s Propeller & Aft Ship organisation has won an order to retrofit and upgrade a series of 11 × 37


Kvaerner, Longview Power Reaches Settlement

  Kvaerner North American Construction Inc. (a subsidiary of Kvaerner) has executed agreements today, with each of Longview Power, LLC, Siemens Energy Inc. and others regarding the disputes between them in both the arbitration proceedings concerning the Longview Project and the subsequent


Design (R)Evolutions

ReVolt The unmanned, battery powered vessel ReVolt is envisioned by DNV GL to revolutionize short-sea shipping.  (Image: DNV GL)

While the maritime industry is widely labeled ‘conservative’ in its adoption of new technologies to make operations more efficient and cost effective, recent years have seen a decided uptick in the level and sophistication of design, external and internal, across the maritime spectrum


Svanevik Elected to Seadrill Board

Seadrill Limited announced today that Carl Erik Steen has resigned from the board of directors with immediate effect. Filling the position is Ørjan Svanevik, who was appointed by the board of directors to fill the vacant position starting immediately.


Kvaerner Taking Advice on Strategic Growth Alternatives

Kvaerner rig topside: File photo

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 has during the first half of 2014 delivered several key oil and gas projects on


Kvaerner in Statoil Unmanned Platform Project

Thin legs concept: Image courtesy of Kvaerner

Kvaerner say that Statoil has awarded it a concept study related to a standardised, unmanned dry tree wellhead platform for the Oseberg Future Development project. The concept is focused on minimisation of facilities, equipment and costs down to water depths of 150 meters and may be a cost


Kvaerner, KBR Partner for Johan Sverdrup Contracts

Kvaerner and KBR, Inc. will establish a joint venture to competitively bid on offshore platform topsides contracts for the Johan Sverdrup field development offshore Norway, the companies announced. The alliance combines Kvaerner's expertise and resources as a turn-key contractor for offshore


Kvaerner & KBR Ally on Offshore Rig Topside Bids

Rig topsides: Photo Kvaerner

Kvaerner ASA says it is to establish a joint venture with KBR Inc. to bid competitively on offshore platform topsides contracts for the Johan Sverdrup field development offshore Norway. The alliance combines Kvaerner's expertise and resources as a turn-key contractor for offshore


Kværner Yard to Upgrade H-6e Offshore Drill Rig

Offshore drilling rig: Photo courtesy of Kvaerner

Norway's Kværner ASA informs that the  H-6e drilling rig 'Transocean Barents' will arrive Kvaerner's facilities at Stord this week for a two month yard stay. The main purpose of the stay is the five year classification of the rig, as well as upgrade and modification work.


Norway's Kvaerner and China's COOEC form Joint Venture

China Offshore Oil Engineering Company (COOEC) and Norway's Kvaerner are setting up a joint venture in China to conduct oil engineering projects worldwide in the second international cooperation deal for the Chinese firm in six months. In December last year COOEC set up a joint venture with






 
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