Aker Kvaerner Awarded Contract for engineering of LNG terminals
The award follows several years of concept studies and is part of a long term standing technical services contract between the energy company and a US subsidiary within the Aker Kvaerner group, starting with front-end engineering design (FEED) work for the two terminals.
"While initial work is limited to FEED, subsequent EPCm services are contingent on the individual projects' milestones and sanctions," said Les Guthrie, President of Aker Kvaerner, Inc. in Houston.
The proposed terminals will be placed on concrete sub-structures on the seabed many miles off the coast. Similar large concrete structures have been designed, built and installed by Aker Kvaerner for offshore oil and gas production platforms since the early nineteen seventies, most of which in harsh weather regions in the North Sea and North Atlantic.
Said Mr Guthrie: "We are pleased to be working with ChevronTexaco on this innovative approach to LNG terminals, and to share with them our extensive experience within this field. We have designed and built over 70 percent of the offshore concrete gravity base structures worldwide", he said.
For further information, please contact:
Geir A Drangeid, Senior Vice President Group Communications, Aker Kværner ASA Tel: +47 913 10 458
Aker Kværner ASA is through its subsidiaries and affiliates ("Aker Kvaerner") a leading global provider of engineering and construction services, technology products and integrated solutions. The business within Aker Kvaerner spans a number of industries, including Oil & Gas production, Refining & Chemicals, Pharmaceuticals & Biotechnology, Mining & Metals, Power, Pulping and Shipbuilding. Aker Kvaerner has aggregated annual revenues of approximately USD 6 billion and employs around 30,000 employees in more than 30 countries. The Aker Kvaerner group consists of many legally independent entities, constituting their own separate identities. Aker Kvaerner is used as the common brand or trademark for most of these entities.
"This press release may include forward-looking information or statements and is subject to our disclaimer, see our web-pages http://www.akerkvaerner.com/"