Aker Kvaerner awarded well service contract with Talisman Energy Norge AS
21 May 2007 - Talisman Energy Norge AS has awarded Aker Kvaerner a service contract for provision of personnel and equipment for well intervention services on the Norwegian Continental Shelf, including the Gyda, Varg, Yme and Rev fields. The contract is for a firm period of two years, plus three times one year optional periods. The estimated contract value for the initial two years is NOK 60 million.
The scope of work comprises mechanical wireline services, wireline tractor services and cased hole logging services. The work will be undertaken by the Aker Kvaerner subsidiary, Aker Kvaerner Well Service in Stavanger.
"This contract offer the possibility for Aker Kvaerner to continue its good cooperation and working relationship with Talisman. We look forward to work together with one of the most active and fastest growing operators on the Norwegian Continental Shelf in the years to come", says Ole Petter Thomesen, president of Aker Kvaerner Well Service.
ENDS
For further information, please contact:
Media:
Siw Anett Enerud, Communications manager, Aker Kvaerner Products & Technologies. Tel.: +47 95 19 34 15
Siw Anett Enerud, Communications manager, Aker Kvaerner Products & Technologies. Tel.: +47 95 19 34 15
Investor relations:
Lasse Torkildsen, VP Investor Relations, Aker Kvaerner. Tel: +47 67 51 30 39
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 Richard Reynolds, vice president global supply chain. Tel.: +44 1224 424868
For further information about sourcing and potential subcontracts for this project, please contact Richard Reynolds, vice president global supply chain. Tel.: +44 1224 424868
Career opportunities:
Visit http://www.akerkvaerner.com/Internet/CareerCentre
Visit http://www.akerkvaerner.com/Internet/CareerCentre
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 Well Service is Aker Kvaerner's Centre of Excellence for Well Intervention technology. The company is a principle supplier of Wireline, Tractor and Cased Hole Logging Services to the technology oriented North Sea oil and gas industry. Aker Kvaerner Well Service is experienced in the management and execution of integrated well service contracts. Aker Kvaerner Well Service specialises in mechanical wireline operations and data acquisition for all cable sizes.
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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