Kværner ASA and Aker Solutions ASA have entered into a merger plan, whereby the two entities will join forces to create a new supplier company with a stronger position as a solid execution partner, enabling sustainable, low-carbon oil and gas production, and accelerating growth in renewable energy industries.
Equinor has awarded Kvaerner an additional scope at Njord A to enable the platform to receive oil from the Fenja field. The additional scope has an estimated value of approximately NOK 500M.
Karl-Petter Løken has been appointed President and Chief Executive Officer (CEO) for the international contracting company Kvaerner.
Jan Arve Haugan has left his role as President & CEO of Kvaerner, and from 1 March 2018, he will start his new role as CEO of the newly established oil company Aker Energy.
Statoil has awarded Kværner the contract for the Johan Castberg topsides. The contract includes the construction and installation of the topside structure for the floating production, storage and offloading vessel (FPSO) to be located on the Johan Castberg field in the Barents Sea.
In 2015, KBR in a joint venture with Kvaerner (under the name K2JV), signed a contract with Statoil for the complete delivery of platform topsides in the Johan Sverdrup field development in the Norwegian continental shelf.