Aker Kvaerner awarded subsea tie-in system in Brazil

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30 April 2007 - Subsea 7 has awarded Aker Kvaerner a key tie-in system project in Brazil, to be deployed in the ESS-164 / Camarupim Field, Espírito Santo basin, as part of the Petrobras Plangas Program. The contract has a value of approximately USD 4 million.


The scope of work comprises one retrievable tee structure with one 12" vertical connection system, with tools and accessories.


"This award further confirms Aker Kvaerner's position as a major supplier of tie-in systems in Brazil", says Gustavo Gonçalves, Sales and Marketing Manager for Aker Kvaerner in Brazil.


Aker Kvaerner has extensive experience with deliveries of tie-in systems in Brazil.  More than 150 vertical connection systems have been delivered as part of subsea trees, manifolds, and tie-in systems since the start of operations. 


ENDS
 
For further information, please contact:
 
Media:
Gustavo Gonçalves - Sales & Marketing Manager, Aker Kvaerner Subsea Brasil, + 55 (21) 2122-4410 and/or Marcelo Taulois -President, Aker Kvaerner Subsea Brasil , + 55 (41) 3227-8402.


Torbjørn S. Andersen, SVP Group Communications, Aker Kvaerner. Tel: +47 67 51 30 36, Mob: +47 928 85 542
 
Investor relations:
Lasse Torkildsen, VP Investor Relations, Aker Kvaerner. Tel: +47 67 51 30 39
 
Suppliers:
For further information about sourcing and potential subcontracts for this project, please contact Roger Lunde, Vice President, Global Supply Chain, Tel:+47 32859478
 
 
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 and Power Generation. The Aker Kvaerner group is organised in 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 50 billion and employs approximately 23 000 people in about 30 countries.


Aker Kvaerner is part of Aker (www.akerasa.com), a group of premier companies with a focus on energy, maritime and marine-resources industries. The Aker companies share a common set of values and long traditions of industrial innovation. As an industrial owner with a 40.1 per cent holding in Aker Kvaerner, Aker ASA takes an active role in the development of its holdings.
 
Aker Kvaerner Subsea is a leading provider of a complete range of surface and subsea solutions for the oil and gas industry - from concept screening and design through manufacturing, fabrication and commissioning. Aker Kvaerner Subsea's ability as a world-wide total system provider is backed by a wide portfolio of products which are maintained for the complete life of field. Aker Kvaerner Subsea's capability is available for both new and existing fields either as individual activities or complete packages.


This press release may include forward-looking information or statements and is subject to our disclaimer, see our web-pages www.akerkvaerner.com
 
 

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