Press releases and news

All press releases.

Kværner ASA: Ex. dividend NOK 0.64 today

14 October 2014 - The shares in Kværner ASA will be traded ex. dividend NOK 0.64 as from today, 14.10.2014. END For further information, please...

Invitation to presentation of 3rd quarter results 2014

Kværner ASA will publish its 3rd quarter results 2014 at the Oslo Stock Exchange on Tuesday 28 October 2014 at 07:00 CET.

Kværner ASA: Transocean Barents yard stay completed ahead of schedule

10 September 2014 - Today the H6 drilling rig Transocean Barents leaves Kvaerner at Stord, having completed the five year classification and the...

Kværner ASA: Kvaerner explores new strategic opportunities to further strengthen its business

10 September 2014 - Kvaerner has during the first half of 2014 delivered several key oil and gas projects on schedule, won new key contracts and...

Kvaerner to conduct concept study for Statoil's subsea on slim legs concept

Statoil has awarded Kvaerner a concept study related to a standardised, unmanned dry tree wellhead platform for the Oseberg Future Development project.

Kværner ASA: Kvaerner and KBR join forces for Johan Sverdrup contracts

15 August 2014 - Kvaerner and KBR, Inc announced today they will establish a joint venture to competitively bid on offshore platform topsides...

Kværner ASA: The Board of Directors approves the distribution of dividend of NOK 0.64 per share

16 July 2014 - In the Board meeting on 15 July 2014, the Board of Directors has in line with the company's dividend policy and pursuant to the powe...

Second quarter results 2014

Improved competitiveness. Kvaerner delivered results for the second quarter in line with what the company has predicted.

Kværner ASA : Transocean Barents to Stord

14 July 2014 - The H-6e drilling rig Transocean Barents will arrive Kvaerner's facilities at Stord this week for a two month yard stay. The main...

Kværner ASA: Invitation to presentation of 2nd quarter results 2014

2 July 2014 - Kværner ASA will publish its 2nd quarter results 2014 at the Oslo Stock Exchange on Wednesday 16 July 2014 at 07:00 CET. The results...

Kværner ASA: Kvaerner and COOEC establish Engineering Joint Venture in China for projects globally

2 July 2014 - Kvaerner and China Offshore Oil Engineering Co. Ltd (COOEC) have established an Engineering Joint Venture, Kvaerner COOEC Engineering...

Kvaerner with two platform substructures to Sverdrup

Kvaerner and Statoil have established a frame agreement for delivery of steel jacket substructures to Statoil-operated fields.

Kværner ASA :Kvaerner conducts R&D for Arctic solutions for RDC and Statoil in Canada

11 June 2014 - The Research & Development Corporation of Newfoundland and Labrador (RDC) and Statoil Canada Ltd. are making a collaborative...

Kværner ASA: Kvaerner delivers Eldfisk 2/7 S topside

16 May 2014 - Today, the Eldfisk 2/7 S topside leaves Kvaerner's yard at Stord. The Eldfisk topside was completed in April as planned, on time and ...

First quarter results 2014

Predictable performance in the first quarter. Kvaerner delivered a strong positive development in the financial results compared to one year ago.

Kværner ASA: Invitation to presentation of 1st quarter results 2014

23 April 2014 - Kværner ASA will publish its 1st quarter results 2014 at the Oslo Stock Exchange on Tuesday 13 May 2014 at 07:00 CET. The results...

Kværner ASA: Minutes of Kværner ASA's Annual General Meeting 2014

Minutes of Kværner ASA's Annual General Meeting 2014 10 April 2014 - The Ordinary Annual General Meeting of Kværner ASA was held on Thursday, 10...

Kværner ASA: Notice of Annual General Meeting of Kværner ASA

19 March 2014 - Attached is the notice of Annual General Meeting of Kværner ASA including notice of attendance/Proxy and the Annual Report for 2014...

Kværner ASA: Fourth quarter results 2013

14 February 2014 - Kvaerner experienced growth in revenues and margins in the fourth quarter of 2013 compared to the fourth quarter 2012.

Kværner ASA: The Board of Directors' proposals to Kværner ASA's Annual General Meeting

14 February 2014 - The Annual General Meeting of Kværner ASA will be held on Wednesday 10 April 2014 at 09:00 a.m. CET at Drammensveien 264 in Oslo...

Kværner ASA: Kvaerner to perform completion assistance on the Aasta Hansteen platform

13 February 2014 - Hyundai Heavy Industries (Hyundai) has awarded Kvaerner a sub-contract to provide services for inshore and offshore hook-up and...

Kværner ASA: Invitation to presentation of 4th quarter and preliminary annual results 2013

24 January 2014 - Kværner ASA will publish its 4 th quarter and preliminary annual results 2013 at the Oslo Stock Exchange on Friday 14 February 20...

Kværner ASA: Kvaerner to upend hull for world's largest spar platform

17 January 2014 - Technip Norge AS has awarded Kvaerner a sub-contract for the Fjord Base and Support Services related to the upending and make rea...

 

Press releases in 2013

Kværner ASA: Kvaerner completes divestment of the North American construction business

20 December 2013 - Kvaerner has today completed the sale of its onshore construction business in North America to Matrix Service Company. The...

Kværner ASA :Kvaerner divests North American construction business, focusing the company on upstream oil and gas

9 December 2013 - Kvaerner sells its onshore construction business in North America to Matrix Service Company for an enterprise value of USD 80.3...

Kværner ASA : Kvaerner awarded steel mill galvanizing line contract in Ontario, Canada

13 November 2013 - Kvaerner North American Construction Ltd. ("Kvaerner NAC"), a subsidiary of Kvaerner, has received a contract to perform equipme...

Third quarter results 2013

25 October 2013 - Kvaerner reported operating revenues of NOK 3 383 million in the third quarter 2013.

Invitation to presentation of 3rd quarter results 2013

We invite investors, analysts and the media to Kvaerner's results presentation 25 October 2013.

Minutes of Kværner ASA's Extraordinary General Meeting 2013

10 October 2013 - The Extraordinary General Meeting of Kværner ASA was held on Thursday, 10 October 2013 at Drammensveien 264, Oslo, Norway. All...

Kvaerner opens Moscow office

7 October 2013 - Kvaerner strengthens its presence in Russia by opening an office in Moscow. "We are excited by the opportunities in the Russian...

Jan Øyri is appointed Country Manager for Lemminkäinen in Norway

26 September 2013 - Jan Øyri, Kvaerner’s Executive Vice President (EVP) for Business Support, has accepted the offer to take the position as Managing Director for Lemminkäinen Norge AS, a Finnish infrastructure and construction company. In his new position Øyri will be responsible for Lemminkäinen`s operations in Norway.

Kværner ASA: Notice of Extraordinary General Meeting of Kværner ASA

18 September 2013 - Attached is the notice of Extraordinary General Meeting of Kværner ASA including notice of attendance/Proxy. The Extraordinary...

Kværner ASA: Mandatory notification of trade

16 September 2013 - Kværner ASA awarded a total of 64 261 own shares as bonus shares to qualifying employees as part of Aker Solutions' 2011 share...

Kværner ASA: Acquisition of own shares

11 September 2013 - Kværner ASA on 10 September, purchased 12 575 own shares in the open market at an average price of NOK 10.03 per share. Followi...

Kværner ASA: Update on the Longview project

2 September 2013 - Kvaerner has been informed that Longview Power LLC, the owner of the Longview Power Plant in Maidsville, West Virginia, has file...

Kværner ASA: Kvaerner sells 1 770 314 shares to employees

28 August 2013  - Yesterday, Kværner ASA sold 1 770 314 own shares in relation with the company's share purchase programmes for employees and...

Kværner ASA: Kvaerner sells 1 720 862 shares to employees

28 August 2013  - Yesterday, Kværner ASA sold 1 720 862 own shares in relation with the company's share purchase programmes for employees and...

Kværner ASA: Second quarter results 2013

16 August 2013 - Kvaerner reported operating revenues of NOK 3 616 million in the second quarter 2013. Earnings before interest, tax, depreciation...

Kværner ASA: The Board of Directors' proposal to Kværner ASA's Extraordinary General Meeting

16 August 2013 - At a meeting on 15 August 2013, the Board of Directors resolved to propose that a semi-annual dividend of NOK 0.58 per share is...

Invitation to presentation of 2nd quarter results 2013

31 July  2013 - Kværner ASA will publish its 2nd quarter results 2013 at the Oslo Stock Exchange on Friday 16 August 2013 at 07:00 CET. The results...

Kværner ASA: Acquisition of own shares

1 July 2013 - Kværner ASA has on 28 June, in connection with the company's share purchase programmes for employees and managers, purchased 50 000 o...

Kværner ASA: Acquisition of own shares

27 June 2013 - Kværner ASA has today, in connection with the company's share purchase programmes for employees and managers, purchased 50 000 own...

Kværner ASA: Acquisition of own shares

27 June 2013 - Kværner ASA has on 26 June, in connection with the company's share purchase programmes for employees and managers, purchased 50 000...

Kværner ASA: Acquisition of own shares

26 June 2013 - Kværner ASA has on 25 June, in connection with the company's share purchase programmes for employees and managers, purchased 50 000...

Kværner ASA: Acquisition of own shares

20 June 2013 - Kværner ASA has today, in connection with the company's share purchase programmes for employees and managers, purchased 85 000 own...

Kværner ASA: Acquisition of own shares

20 June 2013 - Kværner ASA has on 19 June 2013, in connection with the company's share purchase programmes for employees and managers, purchased...

Kværner ASA: Acquisition of own shares

19 June 2013 - Kværner ASA has on 18 June 2013, in connection with the company's share purchase programmes for employees and managers, purchased...

Kværner ASA: Acquisition of own shares

18 June 2013 - Kværner ASA has on 17 June 2013, in connection with the company's share purchase programmes for employees and managers, purchased...

Kværner ASA: Acquisition of own shares

17 June 2013 - Kværner ASA has on 14 June 2013, in connection with the company's share purchase programmes for employees and managers, purchased...

Kværner ASA: Acquisition of own shares

13 June 2013 - Kværner ASA has today, in connection with the company's share purchase programmes for employees and managers, purchased 80 000 own...

Kværner ASA: Acquisition of own shares

13 June 2013 - Kværner ASA has on 12 June 2013, in connection with the company's share purchase programmes for employees and managers, purchased...

Kvaerner sponsors the Fram museum

12 June 2013 – Kvaerner becomes a long term sponsor of the Fram Museum in Oslo with a total financial contribution of NOK 10 million to the museum’s new Gjøa building.

Kværner ASA: Acquisition of own shares

12 June 2013 - Kværner ASA has on 11 June 2013, in connection with the company's share purchase programmes for employees and managers, purchased...

Kværner ASA: Acquisition of own shares

10 June 2013 - Kværner ASA has today, in connection with the company's share purchase programmes for employees and managers, purchased 80 000 own...

Kværner ASA: Acquisition of own shares

7 June 2013 - Kværner ASA has today, in connection with the company's share purchase programmes for employees and managers, purchased 75 000 own...

Kværner ASA: Acquisition of own shares

6 June 2013 - Kværner ASA has today, in connection with the company's share purchase programmes for employees and managers, purchased 88 000 own...

Kværner ASA: Acquisition of own shares

5 June 2013 - Kværner ASA has today, in connection with the company's share purchase programmes for employees and managers, purchased 250 000 own...

Kværner ASA: Acquisition of own shares

4 June 2013  - Kværner ASA has today, in connection with the company's share purchase programmes for employees and managers, purchased 144 000 own...

Kværner ASA: Acquisition of own shares

3 June 2013  - Kværner ASA has today, in connection with the company's share purchase programmes for employees and managers, purchased 140 000 own...

Kværner ASA: Acquisition of own shares

27 May 2013  - Kværner ASA has today, in connection with the company's share purchase programmes for employees and managers, purchased 40 000 own...

Kværner ASA: Acquisition of own shares

23 May 2013  - Kværner ASA has today, in connection with the company's share purchase programmes for employees and managers, purchased 100 000 own...

Kværner ASA: Share Purchase Programmes

16 May 2013 - Kværner ASA is offering individuals who are employed by its subsidiaries ("Kvaerner") in Norway the opportunity to buy Kværner ASA...

First quarter results 2013

7 May 2013 - Kvaerner reported operating revenues of NOK 2 907 million in the first quarter 2013.

Invitation to presentation of 1st quarter results 2013

We invite investors, analysts and the media to Kvaerner's results presentation.

Kvaerner has entered into lease agreement for new headquarters at Fornebu

23 April 2013 – Kvaerner has signed an agreement with Fornebuporten AS for a long term lease for Fornebuporten – a new headquarters office building which will be built at Fornebu near Oslo. The Fornebu peninsula is a key location for the Norwegian oil and gas industry and the new headquarters gives Kvaerner proximity to partners and customers. The building’s functionalities will be tailored to meet Kvaerner’s specifications. The transaction is a related party transaction.

Liv Monica Stubholt to lead industry initiative for Kvaerner

18 April 2013 Kvaerner has been selected to lead a Norwegian petroleum industry initiative with the objective to review competitiveness, competence and technology development for Norwegian offshore yards (Konkraft working group). Representing Kvaerner, Liv Monica Stubholt will lead the working group over the next six months.

Management changes in Kvaerner's North Sea business area

Executive vice president Lars Eide has headed up the Stord yard and the business area North Sea (renamed to Contractors Norway) for three and a half years. Going forward, Eide will have a vital role in Kvaerner’s objective to regain a strong position in the home market and be charged with the task of developing winning strategies for selected future target projects. Steinar Røgenes has been appointed Executive Vice President of the business area Contractors Norway (re-named from North Sea) and head of the Stord yard.

Project update on Browse

12 April 2013 - Woodside announced on Friday 12 April that the Browse LNG development concept does not meet the company’s commercial requirements for a positive final investment decision.

Ex. dividend NOK 0.55 today

11 April 2013 – The shares in Kværner ASA will be traded ex. dividend NOK 0.55 as from today, 11.04.2013. END For further information, please...

Minutes of Kværner ASA's Annual General Meeting 2013

10 April 2013 - The Annual General Meeting of Kværner ASA was held on Wednesday, 10 April 2013 at Drammensveien 260, Oslo, Norway. All proposals on...

Kværner ASA : Nomination Committee recommendations

8 April 2013 - Enclosed please find recommendations from Kværner ASA's Nomination Committee in connection with the company's Annual General Meeting...

Notice of Annual General Meeting of Kværner ASA

19 March 2013 - Attached is the notice of Annual General Meeting of Kværner ASA including notice of attendance/Proxy and the Annual Report for 2012...

Kvaerner wins EPC contract for Hebron GBS project

12 March 2013 - ExxonMobil Canada Properties has released the option for Kvaerner's joint venture company Kiewit-Kvaerner Contractors to provide the full scope of engineering, procurement and construction (EPC) services for the Hebron Project gravity based structure (GBS). The contract value for Kvaerner's share of the full EPC contract is approximately USD 1.5 billion and includes work conducted to date on the Hebron project.

Resultat for 4. kvartal og foreløpig årsresultat 2012

Kværners driftsinntekter i fjerde kvartal 2012 endte på 2 930 millioner kroner. Resultat før skatt, renter, av- og nedskrivninger (EBITDA) ble 119 millioner kroner, noe som ga en EBITDA margin på 4,1 prosent. Ordrereserven ved utgangen av kvartalet var på 21 262 millioner kroner.

Fourth quarter and preliminary annual results 2012

13 February 13 Kvaerner reported operating revenues of NOK 2 930 million in the fourth quarter 2012.

Kværner ASA : The Board of Directors' proposals to Kværner ASA's Annual General Meeting

13 February 2013 - The Annual General Meeting of Kværner ASA will be held on Wednesday 10 April 2013 at 09:00 a.m. CET at Drammensveien 260 (the...

New contract to Kvaerner North American Construction Inc.

12 FEB 2013 Kvaerner North American Construction Inc. (“Kvaerner NAC”), a subsidiary of Kvaerner, has received a contract to perform construction services for the reline of the No. 8 Blast Furnace at United States Steel Corporation Gary Works in Gary, In.

Tender update

08 FEB 13 Kvaerner has submitted bids both for topsides and jackets on the Norwegian Continental Shelf the last six months. The recent contracts awarded to competitors this week concludes this round of tender awards on the Norwegian Continental Shelf for Kvaerner.

Invitation to presentation of 4th quarter and preliminary annual results 2012

Kværner ASA will present its 4th quarter and preliminary annual results 2012 on 13 February 2013 at 9 a.m. CET

Kværner ASA : Kvaerner Capital Markets Day presentations 10 January 2013

10 January 2013 - Kværner ASA is hosting its Capital Markets Day in Oslo today at 09.00 a.m. CET. The presentations are enclosed, and are also...

Kværner ASA : Increase in Kvaerner's Nyhamna onshore contract

9 January - In April 2012 Kvaerner signed a framework agreement with A/S Norske Shell for Engineering, Procurement, Construction and Management...

Kværner ASA : Kvaerner to perform Eldfisk 2/7 S offshore hook-up and commissioning assistance

2 January 2013 - ConocoPhillips has confirmed options in the Eldfisk 2/7 S topside contract for Kvaerner to perform offshore hook-up and...

 

Press releases in 2012:

Kværner ASA : Kvaerner awarded contract for Gas-Fired Power Plant in Delaware

28 December 2012 - Kvaerner subsidiary, Kvaerner North American Construction Inc. ("Kvaerner NAC"), with its joint venture partner, Parsons...

Capital Markets Day

The event will take place at Drammensveien 260 in Oslo, on Thursday 10 January 2013 from 09:00 to approximatly 12:00 CET.

Kværner ASA : Mandatory notification of trade

15 November 2012 - Kværner ASA awarded a total of 12 006 own shares as bonus shares to qualifying employees as part of Aker Solutions' 2010 share...

Kværner ASA : Acquisition of own shares

2 November 2012 - Kværner ASA has today, acquired 8 080 own shares in the open market at an average price of NOK 15.2752 per share. Following the...

Third quarter results 2012

Kvaerner reported operating revenues of NOK 2 430 million in the third quarter 2012.

Kværner ASA : Kværner ASA's financial calendar 2013

Kvaerner will host its Capital Markets Day on 10 January 2013 at the new offices at Vækerø outside Oslo. Capital Markets Day: 10 January 2013 4 th...

Kværner ASA : Invitation to presentation of 3rd quarter results 2012

26 October 2012 - Kværner ASA will publish its 3rd quarter results 2012 at the Oslo Stock Exchange on Wednesday 31 October at 07:00 a.m. Central...

Presentation of 3rd quarter results

Kværner ASA will publish its 3rd quarter results at the Oslo Stock Exchange on Wednesday 31 October 2012.

Kværner ASA : Minutes of Kværner ASA's Extraordinary General Meeting 2012

9 October 2012 - The Extraordinary General Meeting of Kværner ASA was held on Tuesday, 9 October 2012 at Fornebu, Norway. All proposals on the agen...

Kværner ASA : Mandatory notification of trade

18 September 2012 - Kværner ASA awarded a total of 236 796 own shares as bonus shares to 358 qualifying employees as part of Aker Solutions' 2010...

Kværner ASA : Acquisition of own shares

14 September 2012 - Kværner ASA has on 13 September 2012, in connection with the company's share purchase programme for employees, acquired45 000 o...

Kværner ASA : Innkalling til ekstraordinær generalforsamling i Kværner ASA

13. september 2012 - Vedlagt er innkalling til Kværner ASAs ekstra ordinær generalforsamling inkludert påmeldings- og fullmaktsskjema. Generalforsa...

Kværner ASA : Notice of Extraordinary General Meeting of Kværner ASA

13 September 2012 - Attached is the notice of Extraordinary General Meeting of Kværner ASA including notice of attendance/Proxy. The Extraordinary...

Kvaerner to perform Edvard Grieg offshore hook-up and commissioning assistance

7 September 2012 - Lundin Norway AS has confirmed an option in the Edvard Grieg topside contract for Kvaerner to perform the offshore hook-up and...

Sverre Myklebust joins Kvaerner's executive management team

5 September 2012 – Sverre Myklebust has been appointed as Executive Vice President for the Jackets business area and as President of Kværner Verdal A/S.

New dividend policy and dividend proposal of NOK 0.53 per share

The Board of Directors of Kværner ASA has decided to amend the company's dividend policy to increase the visibility and predictability of dividends going forward. The new policy will be implemented with immediate effect.

Second quarter results 2012

Kvaerner had operating revenues of NOK 3 billion in the second quarter 2012.

Kvaerner accepts fine

9 August 2012 – On 8 February 2012 a workplace accident occurred at Kvaerner’s yard at Verdal. Three persons were injured in a fall accident when working in a personnel basket from a crane.

Presentation of 2nd quarter results

Kværner ASA will publish its 2nd quarter results 2012 at the Oslo Stock Exchange on Friday 10 August at 07:00 am Central European Time.

Kværner ASA : Kvaerner EPC Houston divestment finalised - closing of transaction

17 July 2012 - Yesterday, Kvaerner closed the transaction related to the sales of on-going operations and certain assets and liabilities for EPC...

Kværner ASA : Kvaerner sells 1 913 479 shares to employees

16 July 2012  - Today, Kværner ASA sold 1 913 479 own shares in relation with the company's share purchase programmes for employees and managers....

Kvaerner sells EPC Center Houston

12 July 2012 - Kvaerner announces today the signing of an agreement to sell its on-going downstream focussed operations and related assets of the entity known as EPC Center Houston to IHI E&C International Corp, a US subsidiary of the Japanese company IHI Corporation (IHI). Kvaerner retains and will further develop all of its other businesses in North America, both the Houston based Kvaerner Field Development business focusing on offshore field development projects and Kvaerner North American Construction providing construction services and maintenance in the unionized areas of North America.

Kværner ASA : Acquisition of own shares

4 July 2012  - Kværner ASA has on 3 July 2012, in connection with the company's share purchase programmes for employees and managers, 96 500 own...

Kværner ASA: Executive management changes in Kvaerner's Jackets business

As part of the development of the jackets business towards operational excellence, Nina Udnes Tronstad steps down from her position as Executive Vi...

Kværner ASA : Share Purchase Programmes

These written materials are not for distribution in the United States or to US persons, and the information contained herein does not constitute an...

Kværner ASA: Kvaerner invests in Stord facilities

8 May 2012 - Kvaerner is preparing for a significant growth in its home market and invests approximately NOK 250 million in upgrades of its...

First quarter results 2012

Kvaerner had operating revenues of NOK 2 388 million in the first quarter 2012.

Kværner tildelt EPC-kontrakt for dekket til Edvard Grieg-plattformen

3. mai 2012 – Kværner har mottatt et intensjonsbrev fra Lundin Norway AS for engineering, innkjøp og fabrikasjon (EPC) av dekket til Edvard Grieg-plattformen (tidligere Luno). Antatt kontraktsverdi er 8 milliarder kroner, eksklusive opsjoner for offshore oppkobling og ferdigstillelsesassistanse. Det meste av arbeidsomfanget vil bli utført i Norge.

Kvaerner awarded Edvard Grieg topside EPC contract

3 May 2012 - Kvaerner has received a letter of intent from Lundin Norway AS for engineering, procurement and construction (EPC) of the topside for...

Kværner ASA: Norwegian offshore legacy honoured by industry

2 May 2012 - The three N orwegian offshore innovators Jon Hermstad (Kvaerner), Tor Inge Tjelta (Statoil) and Tom Guttormsen (Statoil) were on 1 May...

Kværner ASA: Kvaerner authorised for further work on Hebron GBS

25 April 2012 - Kiewit-Kvaerner Contractors, the 50/50 joint venture between Peter Kiewit Infrastructure and Kvaerner, has been authorised by...

Kværner ASA: Kvaerner awarded major onshore contract for Shell

19 April 2012 - Kvaerner has received a letter of award from A/S Norske Shell for Engineering, Procurement, Construction and Management (EPCM) for...

Presentation of 1st quarter results

We invite investors, analysts and the media to Kvaerner's results presentation

Minutes of Kværner ASA's Annual General Meeting 2012

12 April 2012 - The Ordinary Annual General Meeting of Kværner ASA was held on Thursday, 12 April 2012 at Fornebu, Norway. All proposals on the...

Disposal Contract to Kvaerner

Kvaerner has signed a contract with Statoil for dismantling and recycling of redundant offshore installations.

Kværner ASA: Liv Monica Stubholt joins Kvaerner

Liv Monica Stubholt joins Kvaerner's executive management team as Senior Vice President for Strategy and Communication. "With the planned growth...

Kværner ASA : Notice of Annual General Meeting 2012

21 March 2012 - Attached is the notice of Annual General Meeting for Kværner ASA including notice of attendance/Proxy, and the Annual report for...

Kværner ASA: Serious accident at Verdal: internal investigation completed

12 March 2012 - Kvaerner's internal investigation following from the serious crane accident at the Verdal yard 8 February 2012 has been completed a...

Kværner ASA: Alvorlig ulykke på Verdal: Intern granskingsrapport ferdig

12. mars 2012 - Kværners interne gransking av den alvorlige kranulykken på verftet i Verdal 8. februar er nå ferdig, og hovedfunnene er presentert...

Kværner ASA: Kværner etablerer seg i teknologihovedstaden Trondheim

8. mars 2012 - Kværner etablerer ingeniørkontor i Trondheim. Etableringen vil øke Kværners kapasitet og kompetanse for å møte den fremtidige...

Kværner ASA: Kvaerner opens office in Trondheim, the technology capital of Norway

8 March 2012 - Kvaerner establishes an engineering office in Trondheim. The establishment will increase Kvaerner's capacity and competence to meet...

Kværner ASA: 4th quarter and preliminary annual results 2011

Kvaerner had operating revenues of NOK 3 004 million in the fourth quarter 2011.

The Board of Directors' proposals to Kværner ASA's Annual General Meeting

14 February 2012 - The Annual General Meeting of Kværner ASA will be held on Thursday 12 April 2012 at Telenor Expo, Fornebu, Norway. At a meeting ...

Kværner ASA : Kvaerner wins Hild jacket EPSC contract

13 February 2012 - Total E&P Norge AS has awarded Kvaerner an EPSC-contract (Engineering, Procurement, Supply and Construction) of close to NOK 1.2...

Workplace accident at the yard at Verdal

A serious accident in conjunction with a lifting operation occurred at Kvaerner’s yard at Verdal Wednesday 8 February.

Invitation to presentation of 4th quarter and preliminary annual results 2011

Kværner ASA will publish its 4th quarter and preliminary annual results 2011 at the Oslo Stock Exchange on Tuesday 14 February at 07:30 a.m. Central European Time.

Kvaerner wins Luno jacket EPC contract

19 January 2012 - Lundin Norway AS has awarded Kvaerner an EPC contract of approximately NOK 1.1 billion for delivery of a steel jacket to be locat...

 

 Press releases 2011

Kværner ASA : Mandatory notification of trade

29 December 2011 - The following primary insider has purchased shares in Kværner ASA: Jan Øyri, Executive Vice President Business Support has...

Kvaerner achieves substantial completion on Longview project

Kvaerner's subsidiary Kvaerner North American Construction Inc. ("Kvaerner NAC"), along with its other consortium member, Siemens Energy Inc., have...

Kvaerner opens Perth headquarters

Kvaerner is boosting its presence in the oil and gas hub of the Asia Pacific region.

Third quarter results 2011

1 November 2011 - Kvaerner had operating revenues of NOK 2 623 million in the third quarter. Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 169 million, resulting in an EBITDA margin of 6.2 percent.

Reminder: Kvaerner - Invitation to presentation of 3rd quarter results 2011

27 October 2011 - Kværner ASA will publish its 3rd quarter results 2011 at the Oslo Stock Exchange on Tuesday 01 November at 07:30 a.m. Central...

Kvaerner awarded Mongstad contract

26 October 2011 - Kvaerner has signed a Fabrication and Construction contract with Statoil for upgrading of the Delayed Coker Revamp unit at...

Ny Mongstad-jobb til Kværner

26. oktober 2011 - Kværner har signert en fabrikasjons- og installasjonskontrakt med Statoil for oppgradering av koksanlegget på deres raffineri på...

Kværner ASA's financial calendar 2012

Financial calendar 2012: 4 th quarter results 2011: 14 February 2012 Annual General Meeting 12 April 2012 1 st quarter results 2012: 8 May 2012 2 n...

Kvaerner - Invitation to presentation of 3rd quarter results 2011

11 October 2011 - Kværner ASA will publish its 3rd quarter results 2011 at the Oslo Stock Exchange on Tuesday 1 November at 07:30 a.m. Central...

Kvaerner appoints Executive Vice President for International operations

3 October 2011 - Kvaerner has appointed Tony Allen as Executive Vice President for its International business area.  As one of the world's leading...

Mandatory notification of trade - Kværner ASA

22 September 2011 - The following close associate of a primary insider has purchased shares in Kværner ASA: Nina Amble, a close associate of Jan Ar...

Kvaerner and COOEC complete a self-financed demonstration platform module

25 August 2011: Kvaerner and COOEC have jointly invested in engineering and fabricating of a demonstration module to document the partners' combine...

Second quarter results 2011

12 August 2011 – We are delivering a robust second quarter despite the loss on the Blind Faith project and a loss provision on the Longview project.

Second quarter results 2011

12 August 2011 - Kvaerner's operating revenues in the second quarter were NOK 3 947 million, and earnings before interest, tax, depreciation and...

Invitation to 2nd quarter results

Kværner ASA will publish its 2nd quarter results 2011 at the OSE on 12 Aug at 07:00 a.m. CET. The presentation will be held at Aker Hus, at 10:00 a.m.

Kværner ASA listed 8 July

8 July 2011 - Today's listing of Kværner ASA at Oslo Børs marks the beginning of a new company with a historic brand.

Kvaerner - Registration of Demerger; New Share Capital; New Board of Directors

7 July 2011 - The consummation of the demerger of Aker Solutions was registered with the Norwegian Registry of Business Enterprises (Nw....

Kvaerner - Expiry of Creditor Notice Period; Timetable for Consummation of the Demerger

The creditor notice period applicable to the demerger of Aker Solutions expired at 24:00 hours CET on 6 July 2011. All conditions to consummation o...

Kværner ASA's financial calendar 2011

Financial calendar 2011: 2nd quarter results 2011: 12 August 2011 3rd quarter results 2011: 1 November 2011 The dates may be subject to change. END...

Kvaerner Prospectus Supplement; Update on Longview; Conditions to Consummation of the Demerger

5 July 2011 - The Norwegian Financial Supervisory Authority ( Nw. Finanstilsynet ) has informed Kvaerner that its prospectus supplement dated 4 Jul...

First delivery from Kvaerner

22 June 2011 - The Gudrun Jacket will be written into history as the first delivery from Kvaerner, when it is handed over to Statoil on 1 July 2011...

Approval and Publication of Prospectus Supplement

Kvaerner is publishing a supplement to its prospectus issued on 15 June 2011 containing supplemental information related to the ruling in the Blind...

Kvaerner's investor presentation 17 June 2011

17 June 2011 - Kvaerner today hosts it first investor presentation at 11:00 CEST at Konserthuset in Oslo, Norway. Please find the presentations...

Blind Faith arbitration ruling

17 June 2011 -The final ruling has been delivered in the proceedings between subsidiaries of Aker Solutions and Chevron concerning delivery of the...

Kvaerner's Board of Directors elected

16 June 2011 - The Directors to Kvaerner's Board have been elected.  From Kvaerner's first day of trading on the Oslo Stock Exchange in July 2011,...

Approval of Prospectus in Connection with the Listing of the Shares of Kvaerner

16 June 2011 - The Norwegian Financial Supervisory Authority (Nw. Finanstilsynet) has informed Kvaerner that the prospectus for Kvaerner, dated 15...

Invitation to Investor Presentation

Kværner ASA (KVAER) cordially invites you to attend Kvaerner`s Pre-IPO Investor Presentation, Friday 17 June 2011 from 11:00 to approximately 13:30 CEST. The event takes place at Konserthuset, Munkedamsveien 14, Oslo, Norway. Refreshments will be served from 10:30.

Preliminary unaudited financial data

27 May 2011 - Attached is preliminary information on Kvaerner -- including preliminary unaudited carve-out (combined) financial data -- to be...

Eiliv Gjesdal appointed CFO of Kvaerner

6. May 2011 - Eiliv Gjesdal has been appointed Chief Financial Officer (CFO) of Kvaerner. Gjesdal is following the appointment of Jan Arve Haugan as President and Chief Executive Officer (CEO).

Aker Solutions' First quarter results 2011

6 May 2011 - Aker Solutions' operating revenues in the first quarter of 2011 were NOK 12 billion, and earnings before interest, tax, depreciation a...

Haugan CEO of Kvaerner

2 May 2011 - Jan Arve Haugan has been appointed President and Chief Executive Officer (CEO) of Kvaerner. This new engineering, procurement and construction (EPC) company is being established through a demerger of Aker Solutions. Kvaerner will be separate and listed on the Oslo stock exchange, most likely in July this year.

Aker Solutions wins construction contract for pipe mill in US

27 April 2011 - Aker Construction, Inc., a subsidiary of Aker Solutions, has been awarded a contract for the installation of the new V & M seamless pipe mill in Youngstown, Ohio, US. The contract for supply of materials and installation of the mechanical, electrical and piping for the project commences immediately. Contract value is undisclosed.

Aker Solutions announces name for new EPC company: Kvaerner

International oil service company Aker Solutions is establishing a specialised EPC company in order to further leverage the experience and expertise built up through field development projects over more than 40 years.

Proposed Demerger of Aker Solutions; Publication of Information Memorandum

6 April 2011 - In accordance with the strategy previously disclosed, the Board of Directors of Aker Solutions ASA ("Aker Solutions") has resolved t...