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.
Kværner ASA will publish its 2nd quarter and half year results 2017 at the Oslo Stock Exchange on Thursday 13 July 2017 at 07:00 CET.
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.
22 May 2017 - Shares awarded to employees under the variable pay programme 2014. Kværner ASA has awarded 1 431 981 shares to employees at a price o...
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.
3 May 2017 - Under Kvaerner's variable pay programme for executives for 2016, 50 percent of the earnings is deferred for three years and paid-out...
Minutes of Kværner ASA's Annual General Meeting 2017 20 April 2017 - The Ordinary Annual General Meeting of Kværner ASA was held on Thursday, 20...
Kværner ASA will publish its 1st quarter results 2017 at the Oslo Stock Exchange on Monday 8 May 2017 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 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.
Kværner ASA's General Meeting will be held Thursday 20 April 2017 at 12:00 CET. Please find attached Kvaerner's Annual Report 2016, Corporate Social Responsibility report 2016 and Corporate Governance Statement.
29 March 2017 - Attached is the notice of Annual General Meeting of Kværner ASA including notice of attendance/Proxy, the Nomination Committee's...
Kvaerner has signed a contract with Statoil for delivery of a FEED study on Johan Sverdrup Phase 2 for P2 Jacket. The work will be performed by Kvaerner's specialised design engineering group for steel substructures.
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.
Solid results through predictable project execution. Kvaerner delivered an adjusted EBITDA of NOK 219 million in the fourth quarter, and NOK 680 million for 2016.
Kvaerner has together with Aker Solutions been awarded a contract for offshore hook-up of the riser platform for the Johan Sverdrup field.
Kværner ASA will publish its 4th quarter and preliminary annual results 2016 at the Oslo Stock Exchange on Wednesday 15 February 2017 at 07:00 CET.
11 January 2017 - Sturla Magnus has been appointed new executive vice president (EVP) for Structural Solutions and responsible for Kvaerner's yard ...
Press releases 2016
Kvaerner participates in a campaign from Statoil to visualize importance of the oil and gas industry.
Kvaerner employees made a clean sweep of it at the Norwegian welding championship in Bergen this week.
Kvaerner increased the adjusted EBITDA margin to 12.6 percent for the third quarter, up from 5.2 percent in the same period last year and 5.7 percent in the previous quarter.
Kværner ASA will publish its 3rd quarter results 2016 at the Oslo Stock Exchange on 19 October 2016 at 07:00 CET. The results presentation will be held at Engineerium, Fornebu at 09:00 CET the same morning.
The first of two shipments of pile clusters and flotation tanks arrived at Kvaerner’s yard at Verdal 4 October. The structures will be installed on the first and largest steel jacket for the Johan Sverdrup projects, currently under construction at Verdal.
Edvard Grieg-prosjektet er tildelt prisen "Project of the Year" for 2016 av Petroleum Economist. Prisen ble annonsert under en høytidelig seremoni i London i går kveld.
Statoil has made a call-off from the framework agreement for upgrading of the Njord A semi-submersible platform, which includes preparations and docking of the platform. The call-off has an estimated value of NOK 350 million.
18 August 2016 - Kvaerner North American Construction Inc. ("Kvaerner NAC"), a subsidiary of Kvaerner, has agreed to resolve a portion of its...
Improved operations - higher margins. Kvaerner increased the adjusted EBITDA margin to 5.7 percent for the second quarter.
Kværner ASA will publish its 2ndquarter and half year results 2016 at the Oslo Stock Exchange on Thursday 14 July 2016 at 07:00 CET. The results presentation will be held at Kvaerner's offices at Fornebuporten, Oksenøyveien 10 at 09:00 CET the same morning.
7 June 2016 - Kvaerner will present at the Aker companies investor day today at 15:00-15:25 CET at Fornebuporten Grand Hall.
25 May 2016 - Kværner ASA has today in connection with the company's incentive programme for employees purchased 122 597 own shares in the open...
25 May 2016 - Kværner ASA has yesterday in connection with the company's incentive programme for employees purchased 200 000 own shares in the open...
24 May 2016 - Kværner ASA has yesterday in connection with the company's incentive programme for employees purchased 255 000 own shares in the open...
23 May 2016 - Kværner ASA has on Friday 20 May in connection with the company's incentive programme for employees purchased 226 000 own shares in t...
20 May 2016 - Kværner ASA has yesterday in connection with the company's incentive programme for employees purchased 349 000 own shares in the open...
18 May 2016 - Kværner ASA has today in connection with the company's incentive programme for employees purchased 181 000 own shares in the open...
18 May 2016 - Kværner ASA has on Friday 13 May in connection with the company's incentive programme for employees purchased 185 000 own shares in t...
13 May 2016 - Kværner ASA has yesterday in connection with the company's incentive programme for employees purchased 242 000 own shares in the open...
Statoil has booked yard-stay at Kvaerner’s Stord facility for the Njord A floating production platform. The platform is expected to be quayside at Stord in August.
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.
19 April 2016 -The Ordinary Annual General Meeting of Kværner ASA was held on Tuesday, 19 April 2016 at Oksenøyveien 10, 1366 Lysaker, Norway. Al...
13 April 2016 - Kværner ASA will publish its 1st quarter results 2016 at the Oslo Stock Exchange on Tuesday 3 May 2016 at 07:00 CET. The results presentation will be held at Kvaerner's offices at Fornebuporten, Oksenøyveien 10 at 09:00 CET the same morning.
5 April 2016 - Kvaerner's executive vice president & CFO, Eiliv Gjesdal, has decided to seek new challenges outside Kvaerner, and will step down fr...
5. april 2016 - Det er fremmet anklager i media om Unaoils forretningspraksis som leverandør til en rekke selskaper, inkludert Aker Kværner. Kværne...
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.
1. april 2016- Kværner tolererer ikke brudd på selskapets forretningsetiske retningslinjer, og selskapet krever at forretningspartnere opererer etter samme prinsipp.
31. mars 2016 - I dag kutter Kværner og underleverandører de første stålplatene til det som skal bli utstyrs- og boligplattformen for Johan Sverdrup-feltet. Byggingen av plattformdekket starter på plan og budsjett. Johan Sverdrup utbyggingen gjennomføres med høy andel norsk verdiskaping. Kværners tiltak for bedre konkurransekraft har ført til at en stor andel av arbeidet med utstyrs – og boligplattformen skal gjennomføres i Norge. Dette gir jevn aktivitet hos Kværner og norske underleverandører, samt et fortsatt høyt antall lærlinger.
31 March, Kvaerner and its subcontractors cut the first steel plates for the utility- and living quarters (ULQ) topside for the Johan Sverdrup field.
18 March 2016 - Kværner ASA's General Meeting will be held Tuesday 19 April 2016 at 13:30 CET. Please find attached Kvaerner's Annual Report 2015,...
18 March 2016 - Attached is the notice of Annual General Meeting of Kværner ASA including notice of attendance/Proxy, the Nomination Committee's...
2 March 2016 - Kvaerner North American Construction Inc. ("Kvaerner NAC"), a subsidiary of Kvaerner, and Amec Foster Wheeler North America Corp. ha...
16 February 2016 - Steadily strengthening solidity. Kvaerner continued to strengthen its financial solidity in the fourth quarter in spite of the demanding market. The results reinforce the already strong financial position with no net debt.
4 February 2016 - Kvaerner won Gullkronen (the NCS Performance Award) for Business Success of the Year 2015 during an annual ceremony hosted by Rystad Energy in Oslo on 3 February 2016.
26 January 2016 - Kværner ASA will publish its 4th quarter and preliminary annual results 2015 at the Oslo Stock Exchange on Tuesday 16 February 2016 at 07:00 CET.
22 January 2016 - On 14 January the first RP jacket leg lift was performed at Kvaerner’s yard in Verdal. This was four days ahead of schedule, and a milestone marking the start-up at the outdoor assembly area.
Press releases 2015
18 December 2015 - Today, Nordea Markets has on behalf of Kværner ASA sold 52 275 shares in relation with the company's share purchase programme fo...
1 December 2015 - As announced on 28 October 2015, Kvaerner offered selected managers to buy shares for a maximum amount of 25 percent of their...
30 November 2015 - Today, Nordea Markets has on behalf of Kværner ASA sold 1 509 028 shares in relation with the company's share purchase programme...
30 November 2015 - The new Edvard Grieg offshore platform at the Norwegian continental shelf has started production in line with the schedule.
As announced on 29 September 2015, Kvaerner offered employees employed by a Norwegian Kvaerner entity the opportunity to buy shares in the company....
6 November 2015 - Kvaerner's financial result (adjusted EBITDA) for the third quarter grew to NOK 148 million. This is an increase of 36 percent from the previous quarter when the result was NOK 109 million.
28 October 2015 - Reference is made to Kvaerner's stock exchange release of 29 September 2015: Kvaerner share purchase programmes. The offer to...
27 October 2015 - Birgit Nørgaard has informed Kværner ASA ("the Company") that she, of her own volition, has decided to resign from her position a...
19 October 2015 - Kvaerner North American Construction, Inc. (a subsidiary of Kvaerner) received the award from the arbitration proceedings against...
Kværner ASA will publish its 3rd quarter results 2015 at the Oslo Stock Exchange on Friday 6 November 2015 at 07:00 CET. The results presentation will be held at Kvaerner's offices at Fornebuporten, Oksenøyveien 10 at 09:00 CET the same morning.
13 October 2015 - The shares in Kværner ASA will be traded ex. dividend NOK 0.15 as from today, 13.10.2015. END For further information, please...
8 October 2015 - Today Kvaerner signs the contract for delivery of the process platform jacket to the Johan Sverdrup field. With this award, Kvaerner will be delivering the three largest of the four steel substructures for Johan Sverdrup, in addition to one of the platform topsides.
29 September 2015 - Kvaerner will offer employees employed by a Norwegian Kvaerner entity the opportunity to buy shares in the company. The 2015...
10 September 2015 - Today Kvaerner will sign the final contract for delivery of the drilling platform jacket to the Johan Sverdrup field. This is...
17 July 2015 - Trine Sæther Romuld has informed Kværner ASA ("the Company") that she resigns from her position as non-executive Director and Chair ...
16 July 2015 - Growing order intake and activity level in a challenging market. Kvaerner's order intake in the second quarter was NOK 5 674 million, an increase from NOK 5 360 million in the same quarter last year.
16 July 2015 - The Board of Directors of Kværner ASA has decided to revise the company's dividend policy to reflect the developments in Kvaerner's...
9 July 2015 - AS Norske Shell has awarded Kvaerner a project to harmonize the power supply interaction between the Nyhamna gas plant and the nation...
7 July 2015 - On Monday 6 July, the final module for the Edvard Grieg topside left Kvaerner’s yard at Stord. The platform is so complete when it is towed out that it sets a new benchmark.
29 June 2015 – The construction of the biggest industry project of our time, the Johan Sverdrup field, starts now. First to come is the substructure Kvaerner is delivering for the riser platform, which is one of four platforms at the new field centre. Today – just as planned machine operator Stian Myrvold Green in Kvaerner lights the cutting flame, and the first steel for the riser platform jacket is cut.
Kværner ASA will publish its 2nd quarter results 2015 at the Oslo Stock Exchange on Thursday 16 July 2015 at 07:00 CET.
Kvaerner in a joint venture with KBR has signed a contract with Statoil for the complete delivery of the platform topside to the Johan Sverdrup field development.
19 May 2015 - Kværner ASA has yesterday in connection with the company's share programme purchased 109 644 own shares in the open market at an...
18 May 2015 - Kværner ASA has on 15 May 2015 in connection with the company's share programme purchased 455 000 own shares in the open market at an...
15 May 2015 - Kværner ASA has on 13 May 2015 in connection with the company's share programme purchased 400 000 own shares in the open market at an...
13 May 2015 - Kværner ASA has yesterday in connection with the company's share programme purchased 490 000 own shares in the open market at an...
12 May 2015 - Kværner ASA has yesterday in connection with the company's share programme purchased 410 000 own shares in the open market at an...
High revenues continued in spite of challenging markets. Kvaerner continued the high activity also in the first quarter of 2015 and revenues ended at NOK 3 525 million.
"Kvaerner won the international tender competition and had the best price in total", said Lundin Norway’s new CEO Kristin Færøvik at the sail away celebration at Stord.
Kvaerner’s internal investigation following the fatal accident at the Stord yard 7 March 2015 has been completed. A summary of the investigation report is now available.
Kværner ASA will publish its 1st quarter results 2015 at the Oslo Stock Exchange on Friday 8 May 2015 at 07:00 CET.
The 22 000 tonnes topside for the new offshore platform for the Edvard Grieg field is ready for delivery, in line with the contract awarded three years ago.
9 April 2015 - The Ordinary Annual General Meeting of Kværner ASA was held on Thursday, 9 April 2015 at Drammensveien 264, Oslo, Norway. All...
26 March 2015 - Reason for correction: Proposed resolutions to the Annual General Meeting item 8 and item 9 should read: the remuneration rates for...
18 March 2015 - Kværner ASA's Annual Report 2014, Corporate governance statement and Corporate Social Responsibility Report 2014 are attached....
18 March 2015 - Attached is the notice of Annual General Meeting of Kværner ASA including notice of attendance/Proxy, the Nomination Committee's...
17 March 2015 - Aker companies are hosting a joint investor day in London today at 10:30 a.m. CET (09:30 UK Time). The investor day presentations a...
In the morning of Saturday 7 March, Kvaerner’s emergency team was informed of a fatal accident at Kvaerner’s demolition site at Eldøyane at Stord.
24 February 2015 – Statoil announced today that the contract for delivery of the Johan Sverdrup drilling topside has been awarded to Aibel. This was a job that Kvaerner had strong ambitions to win. The company will now utilise learnings from this tender loss to implement further cost reductions in parallel with positioning for other contract opportunities.
Stable margins, positive development of competitive power. The high activity level in Kvaerner continued in the fourth quarter.
11 February 2015 - The Annual General Meeting of Kværner ASA will be held on Wednesday 9 April 2015 at 09:00 a.m. CET at Drammensveien 264 in Oslo,...
Aker, Aker Solutions, Akastor, Kvaerner, Det norske, Ocean Yield and Havfisk are pleased to invite investors, analysts and media to take part in a...
Kværner ASA will publish its 4th quarter and preliminary annual results 2014 at the Oslo Stock Exchange on Wednesday 11 February 2015 at 07:00 CET.
Kvaerner has signed the final contract for delivery of the steel jacket substructure for the riser platform at the Johan Sverdrup field.
4 January 2015 - Kvaerner North American Construction Inc. (a subsidiary of Kvaerner) has executed agreements with each of Longview Power, LLC,...
Press releases in 2014
27 November 2014 - Bjørn Gundersen has decided to leave the position as Executive Vice President (EVP) for Concrete Solutions. Arnt Knudsen, who comes from the position as leader for Technology & Business Development in Concrete Solutions, will take over as new EVP for the business area.
4(th) quarter and preliminary annual results 2014 11 February 2015 Annual General Meeting 2015 9 April 2015...
Increased activity. Kvaerner's third quarter results reflect an increased activity level.
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...
Kværner ASA will publish its 3rd quarter results 2014 at the Oslo Stock Exchange on Tuesday 28 October 2014 at 07:00 CET.
10 September 2014 - Today the H6 drilling rig Transocean Barents leaves Kvaerner at Stord, having completed the five year classification and the...
10. september 2014 - Kværner har i løpet av første halvår 2014 levert flere
store olje og gass prosjekter på tid, vunnet nye viktige kontrakter og fortsatt
arbeidet med implementering av ytterligere kostnadsforbedringer.
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...
Statoil has awarded Kvaerner a concept study related to a standardised, unmanned dry tree wellhead platform for the Oseberg Future Development project.
15 August 2014 - Kvaerner and KBR, Inc announced today they will establish a joint venture to competitively bid on offshore platform topsides...
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...
Improved competitiveness. Kvaerner delivered results for the second quarter in line with what the company has predicted.
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...
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...
2 July 2014 - Kvaerner and China Offshore Oil Engineering Co. Ltd (COOEC) have established an Engineering Joint Venture, Kvaerner COOEC Engineering...
Kvaerner and Statoil have established a frame agreement for delivery of steel jacket substructures to Statoil-operated fields.
11 June 2014 - The Research & Development Corporation of Newfoundland and Labrador (RDC) and Statoil Canada Ltd. are making a collaborative...
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 ...
Predictable performance in the first quarter. Kvaerner delivered a strong positive development in the financial results compared to one year ago.
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...
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...
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...
14 February 2014 - Kvaerner experienced growth in revenues and margins in the fourth quarter of 2013 compared to the fourth quarter 2012.
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...
13 February 2014 - Hyundai Heavy Industries (Hyundai) has awarded Kvaerner a sub-contract to provide services for inshore and offshore hook-up and...
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...
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
20 December 2013 - Kvaerner has today completed the sale of its onshore construction business in North America to Matrix Service Company. The...
9 December 2013 - Kvaerner sells its onshore construction business in North America to Matrix Service Company for an enterprise value of USD 80.3...
13 November 2013 - Kvaerner North American Construction Ltd. ("Kvaerner NAC"), a subsidiary of Kvaerner, has received a contract to perform equipme...
25 October 2013 - Kvaerner reported operating revenues of NOK 3 383 million in the third quarter 2013.
We invite investors, analysts and the media to Kvaerner's results presentation 25 October 2013.
10 October 2013 - The Extraordinary General Meeting of Kværner ASA was held on Thursday, 10 October 2013 at Drammensveien 264, Oslo, Norway. All...
7 October 2013 - Kvaerner strengthens its presence in Russia by opening an office in Moscow. "We are excited by the opportunities in the Russian...
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.
18 September 2013 - Attached is the notice of Extraordinary General Meeting of Kværner ASA including notice of attendance/Proxy. The Extraordinary...
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...
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...
2 September 2013 - Kvaerner has been informed that Longview Power LLC, the owner of the Longview Power Plant in Maidsville, West Virginia, has file...
28 August 2013 - Yesterday, Kværner ASA sold 1 770 314 own shares in relation with the company's share purchase programmes for employees and...
28 August 2013 - Yesterday, Kværner ASA sold 1 720 862 own shares in relation with the company's share purchase programmes for employees and...
16 August 2013 - Kvaerner reported operating revenues of NOK 3 616 million in the second quarter 2013. Earnings before interest, tax, depreciation...
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...
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...
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...
27 June 2013 - Kværner ASA has today, in connection with the company's share purchase programmes for employees and managers, purchased 50 000 own...
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...
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...
20 June 2013 - Kværner ASA has today, in connection with the company's share purchase programmes for employees and managers, purchased 85 000 own...
20 June 2013 - Kværner ASA has on 19 June 2013, in connection with the company's share purchase programmes for employees and managers, purchased...
19 June 2013 - Kværner ASA has on 18 June 2013, in connection with the company's share purchase programmes for employees and managers, purchased...
18 June 2013 - Kværner ASA has on 17 June 2013, in connection with the company's share purchase programmes for employees and managers, purchased...
17 June 2013 - Kværner ASA has on 14 June 2013, in connection with the company's share purchase programmes for employees and managers, purchased...
13 June 2013 - Kværner ASA has today, in connection with the company's share purchase programmes for employees and managers, purchased 80 000 own...
13 June 2013 - Kværner ASA has on 12 June 2013, in connection with the company's share purchase programmes for employees and managers, purchased...
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.
12 June 2013 - Kværner ASA has on 11 June 2013, in connection with the company's share purchase programmes for employees and managers, purchased...
10 June 2013 - Kværner ASA has today, in connection with the company's share purchase programmes for employees and managers, purchased 80 000 own...
7 June 2013 - Kværner ASA has today, in connection with the company's share purchase programmes for employees and managers, purchased 75 000 own...
6 June 2013 - Kværner ASA has today, in connection with the company's share purchase programmes for employees and managers, purchased 88 000 own...
5 June 2013 - Kværner ASA has today, in connection with the company's share purchase programmes for employees and managers, purchased 250 000 own...
4 June 2013 - Kværner ASA has today, in connection with the company's share purchase programmes for employees and managers, purchased 144 000 own...
3 June 2013 - Kværner ASA has today, in connection with the company's share purchase programmes for employees and managers, purchased 140 000 own...
27 May 2013 - Kværner ASA has today, in connection with the company's share purchase programmes for employees and managers, purchased 40 000 own...
23 May 2013 - Kværner ASA has today, in connection with the company's share purchase programmes for employees and managers, purchased 100 000 own...
16 May 2013 - Kværner ASA is offering individuals who are employed by its subsidiaries ("Kvaerner") in Norway the opportunity to buy Kværner ASA...
7 May 2013 - Kvaerner reported operating revenues of NOK 2 907 million in the first quarter 2013.
We invite investors, analysts and the media to Kvaerner's results presentation.
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.
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.
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.
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.
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...
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...
8 April 2013 - Enclosed please find recommendations from Kværner ASA's Nomination Committee in connection with the company's Annual General Meeting...
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...
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.
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.
13 February 13 Kvaerner reported operating revenues of NOK 2 930 million in the fourth quarter 2012.
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...
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.
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.
Kværner ASA will present its 4th quarter and preliminary annual results 2012 on 13 February 2013 at 9 a.m. CET
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...
9 January - In April 2012 Kvaerner signed a framework agreement with A/S Norske Shell for Engineering, Procurement, Construction and Management...
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:
28 December 2012 - Kvaerner subsidiary, Kvaerner North American Construction Inc. ("Kvaerner NAC"), with its joint venture partner, Parsons...
The event will take place at Drammensveien 260 in Oslo, on Thursday 10 January 2013 from 09:00 to approximatly 12:00 CET.
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...
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...
Kvaerner reported operating revenues of NOK 2 430 million in the third quarter 2012.
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...
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...
Kværner ASA will publish its 3rd quarter results at the Oslo Stock Exchange on Wednesday 31 October 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...
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...
14 September 2012 - Kværner ASA has on 13 September 2012, in connection with the company's share purchase programme for employees, acquired45 000 o...
13. september 2012 - Vedlagt er innkalling til Kværner ASAs ekstra ordinær generalforsamling inkludert påmeldings- og fullmaktsskjema. Generalforsa...
13 September 2012 - Attached is the notice of Extraordinary General Meeting of Kværner ASA including notice of attendance/Proxy. The Extraordinary...
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...
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.
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.
Kvaerner had operating revenues of NOK 3 billion in the second quarter 2012.
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.
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.
17 July 2012 - Yesterday, Kvaerner closed the transaction related to the sales of on-going operations and certain assets and liabilities for EPC...
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....
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.
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...
As part of the development of the jackets business towards operational excellence, Nina Udnes Tronstad steps down from her position as Executive Vi...
These written materials are not for distribution in the United States or to US persons, and the information contained herein does not constitute an...
8 May 2012 - Kvaerner is preparing for a significant growth in its home market and invests approximately NOK 250 million in upgrades of its...
Kvaerner had operating revenues of NOK 2 388 million in the first quarter 2012.
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.
3 May 2012 - Kvaerner has received a letter of intent from Lundin Norway AS for engineering, procurement and construction (EPC) of the topside for...
2 May 2012 - The three N orwegian offshore innovators Jon Hermstad (Kvaerner), Tor Inge Tjelta (Statoil) and Tom Guttormsen (Statoil) were on 1 May...
25 April 2012 - Kiewit-Kvaerner Contractors, the 50/50 joint venture between Peter Kiewit Infrastructure and Kvaerner, has been authorised by...
19 April 2012 - Kvaerner has received a letter of award from A/S Norske Shell for Engineering, Procurement, Construction and Management (EPCM) for...
We invite investors, analysts and the media to Kvaerner's results presentation
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...
Kvaerner has signed a contract with Statoil for dismantling and recycling of redundant offshore installations.
Liv Monica Stubholt joins Kvaerner's executive management team as Senior Vice President for Strategy and Communication. "With the planned growth...
21 March 2012 - Attached is the notice of Annual General Meeting for Kværner ASA including notice of attendance/Proxy, and the Annual report for...
12 March 2012 - Kvaerner's internal investigation following from the serious crane accident at the Verdal yard 8 February 2012 has been completed a...
12. mars 2012 - Kværners interne gransking av den alvorlige kranulykken på verftet i Verdal 8. februar er nå ferdig, og hovedfunnene er presentert...
8. mars 2012 - Kværner etablerer ingeniørkontor i Trondheim. Etableringen vil øke Kværners kapasitet og kompetanse for å møte den fremtidige...
8 March 2012 - Kvaerner establishes an engineering office in Trondheim. The establishment will increase Kvaerner's capacity and competence to meet...
Kvaerner had operating revenues of NOK 3 004 million in the fourth quarter 2011.
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 ...
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...
A serious accident in conjunction with a lifting operation occurred at Kvaerner’s yard at Verdal Wednesday 8 February.
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.
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
29 December 2011 - The following primary insider has purchased shares in Kværner ASA: Jan Øyri, Executive Vice President Business Support has...
Kvaerner's subsidiary Kvaerner North American Construction Inc. ("Kvaerner NAC"), along with its other consortium member, Siemens Energy Inc., have...
Kvaerner is boosting its presence in the oil and gas hub of the Asia Pacific region.
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.
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...
26 October 2011 - Kvaerner has signed a Fabrication and Construction contract with Statoil for upgrading of the Delayed Coker Revamp unit at...
26. oktober 2011 - Kværner har signert en fabrikasjons- og installasjonskontrakt med Statoil for oppgradering av koksanlegget på deres raffineri på...
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...
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...
3 October 2011 - Kvaerner has appointed Tony Allen as Executive Vice President for its International business area. As one of the world's leading...
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...
25 August 2011: Kvaerner and COOEC have jointly invested in engineering and fabricating of a demonstration module to document the partners' combine...
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.
12 August 2011 - Kvaerner's operating revenues in the second quarter were NOK 3 947 million, and earnings before interest, tax, depreciation and...
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.
8 July 2011 - Today's listing of Kværner ASA at Oslo Børs marks the beginning of a new company with a historic brand.
7 July 2011 - The consummation of the demerger of Aker Solutions was registered with the Norwegian Registry of Business Enterprises (Nw....
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...
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...
5 July 2011 - The Norwegian Financial Supervisory Authority ( Nw. Finanstilsynet ) has informed Kvaerner that its prospectus supplement dated 4 Jul...
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...
Kvaerner is publishing a supplement to its prospectus issued on 15 June 2011 containing supplemental information related to the ruling in the Blind...
17 June 2011 - Kvaerner today hosts it first investor presentation at 11:00 CEST at Konserthuset in Oslo, Norway. Please find the presentations...
17 June 2011 -The final ruling has been delivered in the proceedings between subsidiaries of Aker Solutions and Chevron concerning delivery of the...
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,...
16 June 2011 - The Norwegian Financial Supervisory Authority (Nw. Finanstilsynet) has informed Kvaerner that the prospectus for Kvaerner, dated 15...
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.
27 May 2011 - Attached is preliminary information on Kvaerner -- including preliminary unaudited carve-out (combined) financial data -- to be...
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).
6 May 2011 - Aker Solutions' operating revenues in the first quarter of 2011 were NOK 12 billion, and earnings before interest, tax, depreciation a...
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.
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.
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.
6 April 2011 - In accordance with the strategy previously disclosed, the Board of Directors of Aker Solutions ASA ("Aker Solutions") has resolved t...