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

1st quarter results 2016 - Increased margin and stable result

Increased margin and stable result. Kvaerner increased the adjusted EBITDA profit margin, from 2.9 percent in first quarter 2015 up to 4.8 percent in first quarter this year.

Kvaerner signs framework agreement with Statoil for Njord A

4 April 2016 - Kvaerner has signed a framework agreement with Statoil, on behalf of Partners, for upgrading of the Njord A semi-submersible platform. At the same time, Statoil has made the first call-off from the framework agreement with an estimated value of NOK 120 million.

Construction start with increased Norwegian content for Johan Sverdrup platform

31 March, Kvaerner and its subcontractors cut the first steel plates for the utility- and living quarters (ULQ) topside for the Johan Sverdrup field.