Aker Kvaerner has recently been awarded several contracts for delivery of advanced loading and offloading systems. One of these contracts comprise the delivery of an advanced offshore offloading system to Lukoil's Varandey platform located at the Peninsula Coast of the Barents Sea. The work is undertaken by the Aker Kvaerner subsidiary Aker Kvaerner Pusnes in Arendal. The offfloading system is designed for extreme low temperature conditions and is the second contract of its kind to Aker Kvaerner Pusnes. Aker Kvaerner Pusnes is the dominant supplier of offshore loading systems in the area and has previously signed contracts and delivered a number of Arctic bow loading systems for shuttle tankers.