Aker Kvaerner Engineering Technology News

BP has chosen Aker Kvaerner to perform the detail engineering, procurement and construction management assistance (EPcma) for the Skarv field development in the Norwegian Sea. Since November 2005, Aker Kvaerner has been involved with the project, performing the front end engineering design of the complete production ship (FPSO) and intermediate engineering of the topsides. The new EPcma contract covers detail engineering and procurement work for the 16.000 ton FPSO topsides as well as construction management assistance to BP. On peak, the project will engage over 400 people from Aker Kvaerner. The production start for the field is scheduled for August 2011. The Skarv oil and gas field was discovered in 1998, and it has taken close to 10 years to mature the field to its current stage.

Russian police came to the Aker Kvaerner Engineering & Technology representation office in Moscow to inquire about a complaint from a former Russian business partner regarding Aker Kvaerner Engineering & Technology's acquisition of 56 percent ownership in Astrakhan Korabel. The inquiry concerns Aker Kvaerner Engineering & Technology's acquisition of shares from the Finnish company RR Offshore Oy. There were 14 employees working in the office when the police started investigation, of them 11 Russian citizens and three Norwegians.

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. The contract has a total value of approximately $120 million. Aker Kvaerner's scope of work includes engineering, procurement, construction and transportation. The award is a recognition of the deepwater competence in Aker Kvaerner. The Blind Faith platform to be located in the Mississippi Canyon 650 block, approximately 162 miles southeast of New Orleans is part of the ultra-deepwater Gulf of Mexico in 6,500 feet water depth. This contract award follows more than one year of concept studies…