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Skanska News

16 Aug 2022

Skanska to Build Offshore Wind Staging Port in Portsmouth, Virginia, USA

Credit: Skanska

Sweden-based Skanska, one of the country's largest construction firms, has signed a contract with the Virginia Port Authority to rebuild 72 acres of the Portsmouth Marine Terminal in Portsmouth, Virginia, USA. The project will redevelop approximately 72 acres of the 287-acre Portsmouth Marine Terminal for use as an offshore wind staging port which will improve 1,500 feet of an existing 3,540-foot wharf.Skanska will include the contract worth $223 million, about SEK 2.3 billion…

29 Jun 2015

Sevan Marine Investigates Petrobras Corruption Case

Norway's Offshore drilling firm Sevan Marine ASA has appointed law firm Selmer to investigate claims by Brazilian media that a former manager and agent of Sevan Marine are connected to the Brazilian authorities' investigation into corrupt activities involving Petrobras. The company has offered full co-operation and has been in contact with the relevant authorities on this matter. A statement from the company says: "Sevan Marine has recently become aware of articles in the Brazilian press which refer to a former manager and agent of Sevan Marine being named in connection with the Brazilian authorities' investigation into corrupt activities involving Petrobras and Operation Car Wash (Lava Jato).

26 Jan 2015

Petrobras Probe Points to Pension Fund

Clarification: This story has been updated to include the full name a company which is under investigation for involvement in a corruption scandal with Petrobras. The name of the Brazilian company is UTC Engenharia, not UTC as initially reported. There are several global companies known as UTC, and only the Brazilian firm UTC Engenharia is implicated. Brazil's state-run oil company Petrobras on Monday said a growing corruption scandal may implicate its employee pension fund and has led to a freeze on payments to 23 contractors allegedly involved in the scheme. Petros, the 66 billion real ($24 billion) employee-pension fund of Petroleo Brasileiro SA, as Petrobras is formally known, was singled out by an internal investigation, Petrobras said in a statement.

01 Jun 2014

Bilfinger Wants Speedy Sale Of Construction Unit

German engineering and services group Bilfinger aims to sell its civil engineering division quickly and, at the same time, is open to acquisitions abroad, the chief executive of the company was quoted as saying on Saturday. The company is accepting expressions of interest and preparing the unit for sale, CEO Roland Koch told newspaper Die Welt, confirming a story published by Reuters on Friday. "We just launched the process," he said. Bilfinger wants to wean itself off a business model vulnerable to price wars in the building sector and focus on providing higher-margin engineering and services for industrial facilities, power plants and real estate. The company said earlier in May that it aimed to exit certain parts of its construction activities.

18 Oct 2011

St. Johns Ship Building to Build Skanska Barge

St. Johns wins barge contract with one of world’s largest construction companies. St. Johns Ship Building of Palatka, Fla. won a contract to construct a custom crane spud barge for Skanska, one of the largest construction companies in the world. This is the first contract St. Johns has signed with Skanska USA, a leading national construction company with 7,000 employees in the U.S. and 2010 revenues of $4.8 billion. “In a highly competitive environment, Skanska chose St. Johns because they saw our previous work…

04 May 2011

Haugan CEO of Kvaerner

Jan Arve Haugan has been appointed President and Chief Executive Officer (CEO) of Kvaerner. This new engineering, procurement and construction (EPC) company is being established through a demerger of Aker Solutions. Kvaerner will be separate and listed on the Oslo stock exchange, most likely in July this year. Jan Arve Haugan started his professional career in the Norwegian construction company F. Selmer (now part of Skanska), and in 1991 he joined the Norwegian industrial group Norsk Hydro as chief engineer for the Oseberg field development as a key task. Since then he has had leading positions in many of Hydro's oil and gas projects and operations.

15 Oct 2004

Schooner to be Christened in VA

On Friday, Dec. 10 the Pilot Schooner Virginia will be christened on the downtown Norfolk waterfront. Many of the state's elected officials, local civic, business and political leaders, representatives of the maritime community, students from local schools and contributors to the project will be among the thousands on hand to witness the momentous event. Additionally, those attending the ceremony will hear from two of the nation's most distinguished sailors: Capt. Bill Pinkney, USN retired and Gary Jobson, known as the nation's pre-eminent sailing ambassador. Furthermore, Gov. Mark Warner and his wife, Lisa Collins-Warner, who has been asked to officially sponsor the vessel, have been invited.

24 Apr 2001

Kvaerner Profits Beat Estimates

Kvaerner beat market expectations with a jump in first-quarter profits, and the company reiterated opposition to a tie-up with Norwegian oil industry services rival Aker. Kvaerner, trying to recover from a wrenching 1999 restructuring, said pre-tax profits leapt to 151 million crowns ($16.66 million) in the quarter to March 31 from 10 million crowns in the same period of 2000. Net profits leapt to 110 million from 10 million. "We're not jumping for joy about it but with the starting point we've had this has to be a pleasant confirmation that we are on the right track," Chief Executive Kjell Almskog told a news conference. Operating profits…

05 Jun 2001

Mersey Docks & Harbor Not Intimidated by Recession

The slowdown in the U.S. economy may be weighing on British industrial production, but ports operator Mersey Docks & Harbor Company expects to avoid the dark clouds of recession. "We have as yet not experienced any impact from the perceived slowdown in the North American market," Chief Executive Peter Jones reportedly said. The company expected instead to see year-on-year growth in cross-Atlantic traffic. Mersey Docks has about a 25 percent share of the U.S.-UK market in container traffic. "In the early months of this year we are continuing to see strong growth," Jones said. The two main areas of development would be RoRo traffic and fresh produce, handled at the company's docks in Sheerness, southeastern England.