The award is based on an option included in a contract Aker Kvaerner
MH signed with Jurong Shipyard beginning of October this year.
"This contract award from Jurong Shipyard confirms our strong
position in the deep water drilling market and fits well into our
execution schedule going forward" says Roald Amundsen, President of
Aker Kvaerner MH.
The drilling package will be identical to the advanced drilling
systems to be delivered for two semi submersible drilling rigs
designed for ultra-deepwater operations to Seatankers Management Co
Ltd in 2008.
The scope of work for Aker Kvaerner MH is to deliver one complete
drilling package consisting of engineering, equipment deliveries, and
commissioning services, in addition to delivering of 3rd party
equipment such as blow-out preventers (BOP) and marine riser systems.
The deepwater drilling rig is scheduled to be delivered Q1/2010 at
the latest.
ENDS
For further information, please contact:
Media:
Siw Anett Enerud, Communication Manager, Aker Kvaerner Products &
Technologies. Tel: +47 22 94 71 92, Mob: +47 951 93 415
Roald Amundsen, President Aker Kvaerner MH, Tel.: +47 38 05 74 86,
Mob: +47 906 97 450
Investor relations:
Lasse Torkildsen, Vice President, Aker Kvaerner, Group Comms. Tel:
+47 67 51 30 39, Mob: +47 911 37 194
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 comprises several industries,
including Oil & Gas, Refining & Chemicals, Mining & Metals,
Pharmaceuticals & Biotechnology, Power Generation and Pulp & Paper.
The Aker Kvaerner group is organised into two principal business
streams, namely Oil & Gas and E&C, each consisting 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. Aker Kvaerner has aggregated annual
revenues of approximately NOK 35.6 billion and employs approximately
22,000 people 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.
Aker Kvaerner MH is a market leader in designing drilling equipment
and drilling facilities. The company is recognised for developing new
technology for deepwater drilling based on field-proven drilling
equipment. Aker Kvaerner MH provides the international onshore and
offshore industry with complete drilling equipment packages/modules
(drilling and/or mud related systems, RamRig or conventional), full
range of itemised drilling equipment, well intervention packages,
drilling support modules, drilling control system, and monitoring
systems as well as land rigs packages, workover rigs and products.
Aker Kvaerner MH's competitiveness is based on a unique combination
of equipment deliveries, project execution capabilities and excellent
after sales service.
This press release may include forward-looking information or
statements and is subject to our disclaimer, see our web-pages
www.akerkvaerner.com.