The new purpose built facility will include operational support of three main activities; drilling equipment, well intervention technology and subsea systems. It will be the primary centre for assembly, testing and aftermarket activity for Aker Kvaerner's oil field operations in the Gulf of Mexico. The facility includes advanced laboratories for assembly of electronic and hydraulic technology, pressure testing for ultra-deepwater applications and a pit for underwater testing of deepwater trees and pumps.

"The scope and scale of our investments in operating facilities helps Aker Kvaerner maintain industry leadership, drive innovation and be at the forefront of health, safety and environmental care," says Martinus Brandal, President & CEO Aker Kvaerner. "This new facility in Houston demonstrates our commitment to innovation and to the Gulf of Mexico region."

While the main activity at the facility will be aftermarket support of drilling and subsea equipment new technology, such as the wireline tractor; PowerTrac® and the subsea pump; Multibooster(TM), is an important feature at this location.

Aker Kvaerner will showcase the facility to its customers on 25 April.

ENDS

 

 

Media:
Erik Wiik, President, Aker Kvaerner Subsea Inc, Tel: +1 713 270 3051

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:
Ron Mitchell, Vice President, US Supply Chain. Tel: +1 713 270 5813

 

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.

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