The study, valued at approximately USD 2.6 millon, will include both the development of the 160,000 tons per annum capacity zinc metal oxide plant and the 340,000 tons per annum capacity zinc metal sulphide plant.

Rob Murdoch, Managing Director, Union Resources said, "We selected Aker Kvaerner for their depth of technical expertise, extensive experience in the region, competitive pricing , ability to work with our project team and international bankability for large projects in Iran."

Tom Quinn, Managing Director, Aker Kvaerner Australia said, "We look forward to working with Union Resources to deliver best practice for the study.  Our experience is that a delivery model that leverages our global expertise whilst taking advantage of a local execution, cultivates close communications and produces outstanding results for our clients." 

The study will be managed from Aker Kvaerner Australia Pty Ltd's Brisbane office and will utilise resources from several of Aker Kvaerner's international offices, including Toronto, who have been working in Iran for over 15 years. A comprehensive study report is expected by the end of February 2005. 

ENDS

 

 

Renee Mead, Communications Officer, Aker Kvaerner Australia: +61 3 9272 3256

Torbjørn Andersen, SVP Group Communications, Aker Kvaerner. Tel: +47 67 51 30 36, Mob: +47 928 85 542

 

Investor relations:
Lasse Torkildsen, Vice President, Aker Kvaerner, Group Comms. Tel: +47 67 51 30 39

 

Business Development:
Tom Hunter, Business Development Manager, Metals. Tel: +617 3246 9149

 

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 span a number of industries, including Oil & Gas production, Refining & Chemicals, Mining & Metals, Pharmaceuticals & Biotechnology, Power Generation and Pulp & Paper. Aker Kvaerner has aggregated annual revenues of approximately USD 4.5 billion and employs around 21,000 employees 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.

 

Oil, Gas, Process & Energy executes technology development, engineering and construction services for industries as diverse as Oil & Gas Onshore and Offshore Developments, Chemicals & Polymers, Pharmaceuticals, Government Services, and Mining & Metals. Our broad range of technical expertise and program services has been molded to support the life cycles of the industrial and technology-based companies that form the backbone of our economy.

Aker Kvaerner Australia is a leading project management and engineering contractor, providing industrial clients throughout the oil & gas, refining, chemicals, power, non-ferrous metals, iron ore and steel industries with design and project management services and innovative technology solutions. Aker Kvaerner Australia is organised as a subsidiary under the business area Oil, Gas, Process & Energy.

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