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  • Link to Concrete Solutions
  • Link to Steel substructures
  • Link to Onshore oil & gas facilities

1st quarter 2017 - Steady performance, solid order intake

Kvaerner maintained steady performance and delivered a solid order intake in the first quarter of 2017. The company delivered an adjusted EBITDA of NOK 105 million, versus NOK 106 million in the same quarter last year.

Framework agreement with Aker BP for offshore platform projects

Kvaerner is one of several contractors selected by Aker BP for long term framework agreements. The agreement covers construction and hook-up of fixed offshore platforms, including topsides and steel jacket substructures.

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.