Several Aker Kvaerner companies will cooperate on the contract. Aker Kvaerner Offshore Partner in Bergen will be responsible for engineering, procurement and prefabrication onshore, as well as offshore installation of approximately 850 tonnes of equipment on the platform. The installation includes a new mud module, a new 5.25 mega watt power package with transformer, and a local utility room. The scope of work also includes preparations on the Oseberg East platform before the new equipment can be installed. These preparations includes installation of 130 tonnes of mechanical equipment and various piping and steel reinforcements.

Maritime Hydraulics in Kristiansand  will carry out the mud module engineering, while Aker Kvaerner's specialised module yard, Kvaerner Egersund, will fabricate and assemble the 730 tonnes module. Engineering and procurement activities will start immediately, while the fabrication of the module will start in June 2005. The mud module will be delivered on a barge ready for tow out in May 2006.

Aker Kvaerner Elektro will perform all the work within the electro, automation and telecommunication diciplines.

All the necessary tie-ins for the new equipment will be installed on the Oseberg East platform already during the planned revision shut-down next summer. This will enable Aker Kvaerner Offshore Partner to install the mud module and additional equipment without consequences for the production activities on the platform during the summer and autumn of 2006.

ENDS

 

Media:
Torbjørn Andersen, SVP Group Communications, Aker Kvaerner. Tel: +47 67 51 30 36, Mob: +47 928 85 542

 

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 22,000 people 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.

 

Aker Kvaerner Offshore Partner AS is a turnkey contractor for the on- and offshore oil and gas industry. The company is engaged in front end studies, field development with new platforms and modifications to existing platforms, maintenance, modifications and operations contracts, field decommissioning and removal. Further information is available at internet www.akerkvaerner.com. Offshore Partner has 2200 employees; 1400 engineers and administrative personnel and 800 labour. Total revenue year 2003 was 3,5 billion NOK. The head office is located in Stavanger with regional offices in Bergen and Trondheim. Offshore Partner hold two subsidiary companies, Aker Møre Montasje and Aker Inspection & Consulting.

 

Aker Kvaerner Elektro is a complete EPC supplier of electrical, instrument and telecommunications (EIT) to customers in the oil and gas processing industry onshore and offshore. The company possesses wide experience and expertise in its field and have a staff of 1,700 dedicated professionals committed to delivering optimum solutions. Aker Kvaerner Elektro is geographically co-located with our customers, and our goal is to create trust and long-term relations through being reliable, competitive, deliver quality and meet our customers' expectations.

 

Maritime Hydraulics has for more than thirty years been a market leader in design of drilling equipment and drilling facilities. The company is recognised for its development of new technology for deepwater drilling based on field-proven drilling equipment. Satisfying the industry's requirements to efficiency, safety and operability has always been Maritime Hydraulics's prime objective.  Maritime Hydraulics provides the international onshore and offshore industry with complete drilling equipment packages/modules (RamRig or conventional), full range of itemised drilling equipment,  well intervention packages, drilling support modules and drilling control system as well as land rigs. Maritime Hydraulics's competitiveness is based on a unique combination of equipment deliveries, project execution capabilities and excellent after sales/service. Maritime Hydraulics can provide piece small equipment, derrick equipment sets and drilling support modules as complete EPC deliveries.

 

Kvaerner Egersund is one of three Norwegian yards under Field Development Europe. Kvaerner Egersund has always been known as the Module-Yard, mainly because of its impressive track record, but also because its facilities are tailor-made for module fabrication. Kvaerner Egersund is also specialised in fabrication and testing of subsea structures. The long term goals is to consolidate our domestic position on module-and subsea fabrication and to be establish as an actor in the international offshore market.

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