Besides the FEED study, the award includes associated engineering, design drafting and analytical services.

The Qatar contract represents a new geographical market area for Aker Kvaerner. The assignment has been won in strong international competition. The seven-month study and engineering will be handled by Aker Kvaerner's office in Houston, where more than 100 people will be engaged on the project at the peak of the work.

This award reinforces Aker Kvaerner's leading position in the chemicals and polymers business and the Middle East region, says Dennis Pisula, Senior Vice President for Business Development in Aker Kvaerner.

For further information:

Dennis Pisula

Senior Vice President, Business Development, Aker Kvaerner Inc, tel. office: +1 281 270-2446

Torbjorn S. Andersen

Vice President, Group Communications, Aker Kværner ASA, tel. office: +47 2294 5390/ mobile tel.: +47 928 85 542

Aker Kvaerner is a leading global provider of engineering and construction services, technology products and integrated solutions. Group activities span a number of industries including Oil and Gas upstream and downstream, Process, Pharmaceuticals, Metals, Power, Chemical Pulping, Environmental and Shipbuilding. Aker Kvaerner is a multi-local group of businesses with nearly USD 6 billion of annual revenues and approximately 34,000 employees in more than 30 countries.