"This represents a key milestone for Aker Kvaerner's award-winning processing and boosting technology," says Jarl Kosberg, Senior Vice President Trees / Processing and Boosting, Aker Kvaerner Subsea. "The installation of these pumps will extend the production lifetime of the field and increase the ultimate oil recovery for the operator".

Aker Kvaerner's MultiBooster subsea system increases oil production and recovery rates, extends the useful life of fields and enables longer step-out distances between subsea assets and host facilities by adding energy to the wellstream.

"We are extremely pleased to work with BP on this important project," continues Kosberg.  "This technology has been engineered and produced at Aker Kvaerner's subsea facility in Tranby, Norway. We are very proud to see the results of our development work and this is a major step forward for us."

The three MultiBooster pumps, weighing 57 tonnes each, are expected to reach the Gulf of Mexico beginning of July.

ENDS

 

 

Media:
Jarl Kosberg, SVP Trees / Processing and Boosting, Aker Kvaerner Subsea. Tel: +47 67 82 64 47, Mob: +47 959 01 907

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

 

For further information about sourcing and potential subcontracts for this project, please contact:

Roger Lunde, Vice President, Global Supply Chain, Aker Kvaerner Subsea. Tel: +47 32 85 94 78

 

Career opportunities:
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 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