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2nd quarter and half year results 2017 - Strong performance, strong results

Kvaerner delivered strong results for the second quarter of 2017. The numbers reflect both solid performance in all on-going projects and achieved incentives related to some projects in a completion phase.

The first jacket for Johan Sverdrup completed

The Riser Platform (RP) jacket for the Johan Sverdrup development will be ready for delivery in July and was given the name Ægir at a ceremony held at Kvaerner’s yard at Verdal.

Kvaerner to upgrade the Njord platform

Statoil has awarded Kvaerner the contract for complete upgrade of the Njord A platform. The contract has an estimated value of around NOK 5 billion and will amount to about 3 000 man-years.