Aker Kvaerner Streamlines Operations

Monday, March 31, 2008

Aker Kvaerner launched an internal process that will lead to the creation of one, new business area that integrates the operations of its current Maintenance, Modifications and Operations business area (MMO) and Field Development business area (FD). The new business area will have nearly 8,500 own employees - including more than 2 300 engineers.
"We do this to streamline our operations - to further sharpen our commercial edge to win new projects in new and current markets. This initiative will strengthen our ability to develop new business opportunities - and to deliver on our strategic targets," says Simen Lieungh, President & CEO at Aker Kvaerner.
"The reorganization gives a leading engineering capability, with enhanced flexibility to further optimise our services offering and capacity. The initiative secures more focused business streams and resource centres, positioning Aker Kvaerner for further project execution excellence - across our project portfolio, throughout the value chain of our customers," says Lieungh.
The reorganization launched sets off a process that will decide the new structure, business streams and new management. The new model is expected to be fully operational from 1 January 2009.

Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People in the News

Egypt Eyes Suez Container Port Renegotiation

Egypt is trying to renegotiate an extension of an agreement worth $1.5 billion with Suez Canal Container Terminal which has a concession to run a port near the entrance to the canal,

Maersk Drilling gets Extension for Jack-Up

Maersk Drilling, is a unit in shipping and oil conglomerate A.P. Moller-Maersk. Hess has exercised the four one-well options included in the current contract for the jack-up rig Maersk Resolute.

India Seeks Private Cash for Intermodal Bridge

Rail system needs more tracks and wagons; Not enough coal gets from port to power stations. India is targeting up to $1 billion of private investment by 2017

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Offshore Oil Pod Propulsion Port Authority Ship Electronics Ship Repair Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1428 sec (7 req/sec)