Aker Kvaerner to Relocate Metals Industry Headquarters to Houston

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This unit serves the Mining and Metals industry worldwide, providing a full range of contracting services from feasibility studies through full, EPCM projects.  Other Metals offices are located in Santiago, Chile; Toronto, Ontario (Canada), San Ramon, California; and Salt Lake City, Utah.  The unit also cooperates closely with Aker Kvaerner's Australian operations to support Metals projects in Australia and the Pacific Rim, and with the Pittsburgh, Pennsylvania office of Kvaerner U.S. Inc. for projects in the Iron & Steel industry.


The location at Aker Kvaerner's U.S. headquarters, which employs more than 700 people in Houston, will allow significant synergy with other Aker Kvaerner business units, with resulting cost efficiency, as well as provide access to a significant resource pool of EPCM talent.


This positive integration step is being taken to increase capability and opportunities in the global Metals business.


ENDS
 
For further information, please contact:


Jason Cohen, Manager of Marketing & Communications, +1 925-866-6411
 
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.
 
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.
 
Aker Kvaerner Metals serves mining and mineral processing companies by providing studies, project management, EPCM, commissioning and start-up services. Offices are located in Houston, Texas; Santiago, Chile; Toronto, Canada; San Ramon, California; and Salt Lake City, Utah. Services to the Metals industry are also provided by AK Engineering Services in Europe, Aker Kvaerner Australia, and Kvaerner U.S. Inc. (serving iron and steel clients from Pittsburgh, Pennsylvania). These organisations work closely together in support of our clients.


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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