Statoil extends well service contract with Aker Kvaerner
12 April 2007 - Statoil extends the current well service contract the operator has with Aker Kvaerner for two additional years. The scope of work includes wireline and associated services at the Tampen and Halten/Nordland areas at the Norwegian continental shelf. The estimated contract value is NOK 400 million.
The work will be undertaken by Aker Kvaerner Well Service located in Stavanger, Norway.
"Through this contract extension, Aker Kvaerner will continue the good cooperation and working relationship with Statoil. We will continue to jointly develop and implement new intervention technologies to further enhance safety and increase operational efficiency", says Ole Petter Thomesen, president of Aker Kvaerner Well Service.
"Aker Kvaerner has provided wireline services to Statoil for more than 20 years and we look forward to continue our excellent long term relationship. This important contract will secure our strong market position within well intervention services on the Norwegian continental shelf", says Mads Andersen, Executive Vice President in Aker Kvaerner.
For further information, please contact:
Media:
Siw Anett Enerud, Communication manager, Aker Kvaerner Products & Technologies. Tel: +47 22 94 71 92 Mob: +47 951 93 415
Siw Anett Enerud, Communication manager, Aker Kvaerner Products & Technologies. Tel: +47 22 94 71 92 Mob: +47 951 93 415
Ole Petter Thomesen, President Aker Kvaerner Well Service. Mob.: +47 982 96 990
Investor relations:
Lasse Torkildsen, Vice President, Aker Kvaerner, Group Comms. Tel: +47 67 51 30 39
Lasse Torkildsen, Vice President, Aker Kvaerner, Group Comms. Tel: +47 67 51 30 39
Suppliers:
For further information about sourcing and potential subcontracts for this project, please contact Richard Reynolds, Vice President Supply Management. Tel.: +44 1224 424868
For further information about sourcing and potential subcontracts for this project, please contact Richard Reynolds, Vice President Supply Management. Tel.: +44 1224 424868
Career opportunities:
Visit http://www.akerkvaerner.com/Internet/CareerCentre
Visit http://www.akerkvaerner.com/Internet/CareerCentre
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 comprises several industries, including Oil & Gas, Refining & Chemicals, Mining & Metals and Power Generation. The Aker Kvaerner group is organised in 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 has aggregated annual revenues of approximately NOK 50 billion and employs approximately 23 000 people in about 30 countries.
Aker Kvaerner is part of the Aker Group (www.akerasa.com), a leading multi-industry powerhouse with more than 55 000 employees and NOK 80 billion revenues. Aker owns 40.1 percent of Aker Kvaerner, and the group is also a major European shipbuilder and a significant participant in the fisheries industry.
Aker Kvaerner Well Service is Aker Kvaerner's Centre of Excellence for Well Intervention technology. The company is a principle supplier of Wireline, Tractor and Cased Hole Logging Services to the technology oriented North Sea oil and gas industry. Aker Kvaerner Well Service is experienced in the management and execution of integrated well service contracts. Aker Kvaerner Well Service specialises in mechanical wireline operations and data acquisition for all cable sizes.
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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