Kvaerner ASA: Kvaerner to upgrade the Njord platform
17 March 2017 - Statoil has awarded Kvaerner the contract for complete upgrade of the Njord A platform. The contract has an estimated value of around NOK 5 billion and will amount to about 3 000 man-years. "This is one of the most important contracts in the market this year. We are proud of the confidence Statoil is showing us by awarding Kvaerner the contract to upgrade Njord A for future decades of production", says Jan Arve Haugan, President & CEO of Kvaerner. After a few years of adaptions, the Norwegian oil- and gas industry has already started to demonstrate considerable cost