Aker Kvaerner Awarded Contract with ConocoPhillips

Monday, December 11, 2006

ConocoPhillips has awarded Aker Kvaerner a service contract for provision of personnel and equipment for well intervention services on the Norwegian Continental Shelf. The firm contract period is three years with an estimated value of $147.2m. The contract includes an option to extend another 2 x 2 years.

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