Memorandum of Understanding between HEISCO and Kvaerner Process Services
The memorandum of understanding relates to maintenance of equipment and instruments onboard Navy vessels; integration with navigation and communication systems; spare parts and supply programs for advanced maintenance and repair; and, provides for world class logistic support to the Kuwait Navy, Coast Guard & Allied Naval Fleet units in the Gulf Region as well as commercial fleet clients.
Teaming agreements formed between the two companies will provide the framework for collaboration in the upgrade of the shipyard. Once a defined scope of work is agreed upon a contract will be negotiated for project development.
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For further information, please contact:
Media:
Torbjørn Andersen, VP Group Communications, Aker Kvaerner. Tel: +1 713 270 3618 or +1 281 250 7286
Torbjørn Andersen, VP Group Communications, Aker Kvaerner. Tel: +1 713 270 3618 or +1 281 250 7286
Investor relations:
Lasse Torkildsen, VP Investor Relations, Aker Kvaerner, Tel: +47 67 51 30 39
Lasse Torkildsen, VP Investor Relations, Aker Kvaerner, Tel: +47 67 51 30 39
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.