Aker Kvaerner in Aberdeen wins GBP 35 million contract for Total
Aker Kvaerner Offshore Partner Ltd (AKOPL) is the existing contractor on Elgin/Franklin and will now, in addition, be taking over the responsibility for provision of services at St Fergus terminal as part of the same. Approval by Total's co-venturers for the arrangements has been sought. The new assignment is valued at approximately GBP 6-7 million per year for the next 5 years.
The work will involve the voluntary transfer of a number of personnel from both Total staff and from the incumbent St Fergus contractor to the AKOPL workforce.
Aker Kvaerner Offshore Partner's Managing Director, Harald Gulaker said the award of this new contract was a significant acknowledgement of the Company's track record: "We have a good reputation for our expertise and experience in the area of maintenance and operations and we are delighted to have been successful in this extremely rigorous selection process. We look forward to working in partnership with Total, to build on our performance and safely meet their business challenges."
Total E&P UK plc Managing Director, Michel Contie said: "I am confident that this new contract with the right contractors will create the framework for a more dynamic, sustainable future for our UK operations."
The St Fergus gas terminal receives and processes up to 20 per cent of the UK's natural gas requirements from 20 offshore fields, while the Elgin/Franklin fields produce around 5 per cent of the UK's gas consumption.
The new contract will become operational in January 2005 and run until 2010.
ENDS
For further information, please contact:
Media:
Lasse Torkildsen, Vice President, Aker Kvaerner, Group Comms. Tel:+47 67 51 30 39
Lasse Torkildsen, Vice President, Aker Kvaerner, Group Comms. Tel:+47 67 51 30 39
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.