The scope of work will be executed by the subsidiary Aker Marine Contractors and includes engineering, transport and installation of two connected risers at the Sleipner Riser Platform in the North Sea. The engineering will start immediately and offshore transportation and installation will be performed in June 2005. The risers are under fabrication at Vetco Aible in Haugesund.
"This contract award confirms Aker Marine Contractors' position in the subsea marine market, and the benefits of using the Boa DeepC specialist deep-water offshore construction vessel that we have access to," says Bjørn Klepsvik, acting President of Aker Marine Contractors.
ENDS
Facts:
Aker Marine Contractors AS (AMC) is part of Aker Kværner ASA. AMC has full access to Aker Kvaerner's deepwater technology, engineering and fabrication capacity. AMC is partly owned by BOA Limited/Taubåtkompaniet AS, which has the world's largest fleet of transportation barges as well as an ongoing newbuilding program for anchor handling and offshore construction vessels. AMC has exclusive rights to use BOA's specialized fleet of barges and vessels, including the new trendsetting BOA construction vessel that is designed to provide services for subsea installations, risers, flowline/umbilical laying and tie-ins. Aker Marine Contractors AS is 60 per cent owned by Aker Kværner ASA and 40 per cent owned by BOA/Taubåtkompaniet AS.
Aker Marine Contractors AS (AMC) is part of Aker Kværner ASA. AMC has full access to Aker Kvaerner's deepwater technology, engineering and fabrication capacity. AMC is partly owned by BOA Limited/Taubåtkompaniet AS, which has the world's largest fleet of transportation barges as well as an ongoing newbuilding program for anchor handling and offshore construction vessels. AMC has exclusive rights to use BOA's specialized fleet of barges and vessels, including the new trendsetting BOA construction vessel that is designed to provide services for subsea installations, risers, flowline/umbilical laying and tie-ins. Aker Marine Contractors AS is 60 per cent owned by Aker Kværner ASA and 40 per cent owned by BOA/Taubåtkompaniet AS.
For further information, please contact:
Media:
Torbjørn Andersen, SVP Group Communications, Aker Kvaerner. Tel: +47 67 51 30 36, Mob: +47 928 85 542
Torbjørn Andersen, SVP Group Communications, Aker Kvaerner. Tel: +47 67 51 30 36, Mob: +47 928 85 542
Bjørn Klepsvik, acting President, Aker Marine Contractors, Tel.: + 47 22 94 51 63
Investor relations:
Lasse Torkildsen, Vice President, Aker Kvaerner, Group Comms. Tel: +47 67 51 30 39
Lasse Torkildsen, Vice President, Aker Kvaerner, Group Comms. Tel: +47 67 51 30 39
AKER KVÆRNER ASA, through its subsidiaries and affiliates ("Aker Kvaerner"), is a leading global provider of engineering and construction services, technology products and integrated solutions. The business within Aker Kvaerner span a number of industries, including Oil & Gas production, Refining & Chemicals, Mining & Metals, Pharmaceuticals & Biotechnology, Power Generation and Pulp & Paper. Aker Kvaerner has aggregated annual revenues of approximately USD 4.5 billion and employs around 22,000 employees in more than 30 countries.
The Aker Kvaerner group consists of a number of separate legal entities. Aker Kvaerner is used as the common brand/trademark for most of these entities. The parent company in the group is Aker Kværner ASA.
The Products and Technologies business area in Aker Kvaerner unites the product supply companies in the group to a strong global supplier of products and services to the upstream oil and gas industry. Key deliverables include drilling equipment and systems, wellstream process technology, vessel mooring equipment and offshore loading/offloading systems. Global after-sale services are provided, and other key services include well intervention technology & services and marine contracting.
Aker Marine Contractors provides marine contracting services to the oil and gas industry world-wide. These services include concept development, detail engineering, procurement, fabrication related to marine operations and subsea installations. Aker Marine Contractors shoulder the responsibility for great values, especially when they tow and install platforms, gravity base structures, floaters and platform decks. Key reference projects are proof of their ability to successfully perform complex marine operations on site, on time and within budget. Aker Marine Contractors possesses the competence and the specialised equipment needed to successfully engineer and install subsea structures, risers, umbilicals, flowlines and mooring systems in ultra deep waters. Aker Marine Contractors North Sea experience within marine contracting together with their strong owners make them particularly well qualified to create value for customers and compete in the world markets.
This press release may include forward-looking information or statements and is subject to our disclaimer, see our web-pages www.akerkvaerner.com