The OGPE business area, managed from Houston, Texas, USA currently comprised of fifteen individual business units spread out over seven time zones with operations in North and South America, Australia, and in several countries in Asia Pacific will now be consolidated and managed beneath six defined Business Streams.  The new structure will streamline the organization and enhance customer delivery as it leverages core competencies throughout the organization.

Jim Miller, currently Senior Vice President, Engineering and Construction related businesses will have the following business streams reporting to him:

 

Aker Kvaerner Metals, delivering full range EPC services to global mining and minerals companies including the business units of Aker Kvaerner Metals USA, Aker Kvaerner Metals Chile, Aker Kvaerner Metals Toronto

Aker Kvaerner Construction, delivers direct hire construction services through specialized subsidiary companies in the Oil, Gas & Process, Metals, and Power sectors including the business units of Aker Kvaerner Songer and Aker Kvaerner Industrial Constructors

Aker Kvaerner Chemetics, delivering focused technology serving the metals and pulping industries in the areas of bleach chemicals, chlor-alkali, and sulphuric acid which includes the business unit of Aker Kvaerner Chemetics

Les Guthrie, currently Senior Vice President, Oil & Gas related businesses will have the following business streams reporting to him:

Aker Kvaerner Asia Pacific, delivering a diverse range of EPC services capitalizing on the emerging growth Oil, Gas & Process, Metals, offshore MMO markets of the future including the business units of Aker Kvaerner South East Asia, Aker Kvaerner China, Aker Kvaerner Australia and Aker Kvaerner PowerGas India

Aker Kvaerner Facility Services, offering onshore and offshore facility services focused on a delivery of high value services and solutions including the business units of Aker Kvaerner Plant Services, Aker Kvaerner Public Sector, Aker Kvaerner Pharmaceuticals, Aker Kvaerner Bowen and Aker Kvaerner Caribe

 

Aker Kvaerner Oil, Gas and Process, focusing on EPC capital projects and technology solutions to oil, gas, and process clients which includes the business unit of Aker Kvaerner Incorporated

Gary Mandel states, "this major change will make our business more focused and will further simplify the OGPE organization as it allows us to lay the foundation for a strong future, the six business streams will focus us more on what we have in common and enable us to leverage resources and centres of excellence."

OGPE has the largest geographical footprint in Aker Kvaerner and is the most complex of the six business areas in the Aker Kvaerner group of companies. The restructuring will simplify and streamline the organization enabling growth in the business and better focus on customer delivery while creating operating improvements

"All of these business streams participate in the global oil & gas value chain, global metals and Americas power markets, which are the links that connect all of the business units together.  We will focus on building solid businesses that will enable us to fully leverage our core competencies and further build cross-stream collaboration," says Mandel.

Headquartered in Oslo, Norway, Aker Kvaerner for over 200 years has proven to be a worldwide major industrial group of companies who has faced many challenges and has solved many problems. "This organizational change will reinforce that we can live up to the challenge of achieving a 'One Aker Kvaerner' philosophy with much success," says Inge Hansen, group President and CEO. 

ENDS

 

Media:
Donna Rougeaux, Communications Manager, Aker Kvaerner. Tel: +1 713-270-2407, Mob: + +1 832-277-6955

 

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, Pharmaceuticals & Biotechnology, Power Generation and Pulp & Paper. The Aker Kvaerner group is organised into two principal business streams, namely Oil & Gas and E&C, each consisting 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. Aker Kvaerner has aggregated annual revenues of approximately NOK 35.6 billion and employs approximately 22,000 people in more than 30 countries.

 

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. With an annual turnover of US$1.14 billion, Oil, Gas, Process & Energy (OGPE) business area of Aker Kvaerner employs more than 5,400 people operating worldwide.

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