The Snorre commission is a frame agreement for the maintenance and modification of both platforms on the field. Aker Offshore Partner will have the main responsibility for the work to be performed, and will be supported by other units in the group. On average about 150 personnel will be involved in the work.
The assignment was an option on the contract that Statoil awarded Aker Kvaerner in 2002 for the maintenance and modification of all its platforms in the so-called Tampen area of the Norwegian continental shelf. It has not previously been included in the group's order reserve.
With options the 2002 frame agreement can be extended to 2011. The new Snorre assignment can be extended for a corresponding period.
Norsk Hydro was operator of the two Snorre platforms until Statoil took over on 1 January last. Aker Offshore Partner has also carried out maintenance for Hydro, and preparations are being made to take out efficiency gains when there is continuity in the maintenance work.
For further information, please contact:
Torbjørn S Andersen
Vice Pres, Group Communications
Aker Kvaerner
Tel: +47 2294 5390
Mobile: +47 928 85 542
Tore Sjursen
President
Aker Offshore Partner
Tel: +47 5189 7939
www.akerkvaerner.com
NOTES TO EDITORS
Aker Kvaerner is a leading global provider of engineering and construction services, technology products and integrated solutions. Group activities span a number of industries, including Oil and Gas upstream and downstream, Process, Pharmaceuticals, Metals, Power, Chemical Pulping, Environmental technologies and Shipbuilding. Aker Kvaerner is a multi-local group of businesses with nearly USD 6 billion of annual revenues and around 33,000 employees in more than 30 countries.