Wellhead contract to Aker Kvaerner from Unocal Thailand

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Aker Kvaerner's subsea and wellhead business unit Kvaerner Oilfield Products (KOP) will deliver the equipment from its manufacturing plant located on Batam Island in Indonesia. The project will entail supplying somewhere between 850 to 1000 sets of surface wellheads and Christmas trees over the contract period.  KOP will provide associated installation and maintenance services from its service support centers in Songkhla and Bangkok in Thailand.


Unocal Thailand and Kvaerner Oilfield Products have successfully conducted surface wellhead business in the Gulf of Thailand and surrounding region since the early 1980's.


ENDS
 
For further information, please contact:
Media:
Torbjørn Andersen, SVP Group Communications, Aker Kvaerner ASA. Tel: +47 67 51 30 36, Mob: +47 928 85 542


Investor relations:
Lasse Torkildsen, Vice President, Group Comms., Aker Kvaerner ASA. 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 comprises several industries, including Oil & Gas, Refining & Chemicals, Mining & Metals, Pharmaceuticals & Biotechnology, Power Generation and Pulp & Paper. 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 has aggregated annual revenues of approximately NOK 35.6 billion and employs approximately 22,000 people in more than 30 countries.
 
Subsea is one of six business areas in Aker Kvaerner and is headed from Houston. Aker Kvaerner is a leading provider of subsea systems for oil and gas production. We support all aspects of a subsea field development from initial concept screening through front-end engineering, detail design, procurement, fabrication and manufacturing, assembly and test, installation, commissioning and life of field support.


Kvaerner Oilfield Products is a leading provider of a complete range of surface and subsea solutions for the oil and gas industry - from concept screening and design through manufacturing, fabrication and commissioning. Kvaerner Oilfield Products' ability as a world-wide total system provider is backed by a wide portfolio of products which are maintained for the complete life of field. Kvaerner Oilfield Products' capability is available for both new and existing fields either as individual activities or complete packages. Eureka Pump Systems, as part of Kvaerner Oilfield Products, has extensive project, engineering and production resources offering specialised pumping technology and products to the offshore, FPSO and subsea markets world wide. Eureka Pump Systems also serves the global subsea market with a complete range of Subsea Boosting products.


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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