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New president in Kvaerner Egersund

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Lars Eide is born in Hardanger in the western part of Norway, but has been living on the island Stord between Bergen and Haugesund the last 14 years.


He has a master degree of science in marine tehnology from Norwegian Institute of Technology. Since 1990 he has been employed by the offshore yard Aker Stord, where he has headed the IT-department, the fabrication department and the engineering and procurement department.


Lars Eide has also been a strategic coordinator for Aker Maritime and has coordinated and developed Aker Kvaerners model for execution of large projects.


ENDS
For further information, please contact:
Bjørnar Skjevik, Chairman of the board, Kvaerner Egersund, Tel: +47 915 16 833


Lars Eide, President, Kvaerner Egersund, Tel: +47 915 51 297
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, Power, Pharmaceuticals & Biotechnology, Pulping and Shipbuilding. Aker Kvaerner has aggregated annual revenues of approximately USD 5.5 billion and employs around 28,000 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.
Field Development Europe
 is a multidisciplinary and technology based organisation covering all technical and management functions for carrying out development of oil and gas fields world-wide, from wellheads to receiving terminal.
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. In addition, Kvaerner Egersund has also specialised itself towards fabrication and testing of subsea structures, and has for the last 10 years continuously been fabricating subsea structures at the yard. The long term goals is therefore to consolidate our position on module-and subsea fabrication - both nationally and internationally.


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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