Invitation to presentation of 1st quarter results 2018

    Kværner ASA will publish its 1st quarter results 2018 at the Oslo Stock Exchange on Wednesday 25 April 2018 at 07:00 CET. A presentation will be held at Kvaerner's offices at Fornebuporten, Oksenøyveien 10 at 09:00 CET the same morning.

    Kvaerner and Aker Solutions letter of intent for Johan Sverdrup phase 2

    Kvaerner has in a 50/50 joint venture with Aker Solutions been awarded a letter of intent with Statoil for modifications of the riser platform and the field center for the Johan Sverdrup development. At peak, the work will involve about 2 000 employees in the two companies as well as subcontractor personnel. The total value of the agreement is around NOK 3.4 billion.

    Kvaerner contracts for the Johan Castberg FPSO

    Kvaerner has signed a contract with Statoil for delivery of the topside modules for the Johan Castberg floating production vessel (FPSO), as well as for hook-up and integration of the topside modules with the hull. Kvaerner's scope for the FPSO will at peak involve around 2 000 Kvaerner employees and subcontractor personnel. The contract value is approximately NOK 3.8 billion.