Statoil has today awarded Aker Kvaerner a contract for hook-up and installation work on the Snøhvit LNG plant which is under construction at Melkøya Island near Hammerfest. The assignment is worth in excess of NOK 1.5 billion.
Installation work starts around year-end and is due to be completed by 15 December 2005. It is calculated that Aker Kværner will perform 1.5 million work-hours on the plant in total and 200 000 hours in prefabricating steel and pipe.
This is the second large installation contract which Aker Kværner has won in the course of the last three months. Shortly before the summer holidays Statoil awarded the company an extensive work-scope for the expansion of the Kårstø plant to receive gas from the Kristin field (KEP 2005). The Snøhvit contract is approximately twice as big.
Statoil is responsible for planning the work at Melkøya, while the German contractor Linde is responsible for engineering, and acts as technical assistant to Statoil in the construction of the LNG plant.
In addition to the contract party Aker Stord, a number of other Aker Kværner companies will play a central role in the project, including Aker Kværner Elektro and Kværner Rosenberg. Another important partner in the implementation of this large assignment is Kaefer IKM AS.
For more information, please contact:
Media
Geir A Drangeid, Senior Vice President Group Communications, Aker Kværner ASA
Tel: +47 913 10 458
Investor Relations
Tore Langballe, Vice President Investor Relations, Aker Kværner ASA Tel: +47 907 77 841
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 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.
Printable version