Aker Kvaerner awarded environmental contract for Hydro on Oseberg Field Centre


Maximum injection capacity for produced water from the Oseberg Field Centre will be around 20,000 cubic metres per day.  The new equipment must meet Statens Forurensingstilsyn's target of zero emission.
 
The contract includes engineering, procurement and  prefabrication onshore, as well as the installation of 200 tons steel/piping and miscellaneous equipment at the Oseberg Field Centre.  The tie in to the exisiting process plant will be prepared during the first week of June next year when the Field Centre is due for a six-day shut-down.
 
The engineering and procurement of long lead items will start immediately.  Most of the work must be carried out during 2005.  The contract from Hydro will employ around 60 persons from  Aker Kværner Offshore Partner AS, Bergen, all through next year.  The installation work on the platform will be carried out in the period between April to November 2005.  The new injection unit for produced Oseberg water will be installed at the north eastern corner of the field centre.
 
ENDS
 
For further information, please contact:
 
Media:
Torbjørn Andersen, SVP Group Communications, Aker Kvaerner. Tel: +47 67 51 30 36, Mob: +47 928 85 542
 
Investor relations:
Lasse Torkildsen, VP Investor Relations, Aker Kvaerner. Tel: +47 67 51 30 39
 
AKER KVÆRNER ASA, through its subsidiaries and affiliates ("Aker Kvaerner"), is a leading global provider of engineering and construction services, technology products and integrated solutions. The business within Aker Kvaerner span a number of industries, including Oil & Gas production, Refining & Chemicals, Mining & Metals, Pharmaceuticals & Biotechnology, Power Generation and Pulp & Paper. Aker Kvaerner has aggregated annual revenues of approximately USD 4.5 billion and employs around 22,000 employees in more than 30 countries.
 
The Aker Kvaerner group consists of a number of separate legal entities. Aker Kvaerner is used as the common brand/trademark for most of these entities. The parent company in the group is Aker Kværner ASA.
 
MMO Europe (Maintenance, Modifications and Operations) is responsible for the Aker Kvaerner's MMO competencies and capacities, serving the Norwegian and UK Continental Shelf, and supporting selected international initiatives. The core competencies are turn-key deliveries offshore modifications, long term on- and offshore modification and maintenance contracts, inspection, operation and operations support, offshore removal and de-construction and subsurface advisory. MMO Europe has approximately 6,000 employees, including 2,600 engineers.
 
Aker Kvaerner Offshore Partner AS is a turnkey contractor for the on- and offshore oil and gas industry. The company is engaged in front end studies, field development with new platforms and modifications to existing platforms, maintenance, modifications and operations contracts, field decommissioning and removal. Further information is available at internet www.akerkvaerner.com. Offshore Partner has 2,200 employees; 1,400 engineers and administrative personnel and 800 labour. Total revenue year 2003 was 3,5 billion NOK. The head office is located in Stavanger with regional offices in Bergen and Trondheim. Offshore Partner hold two subsidiary companies, Aker Møre Montasje and Aker Inspection & Consulting.
 
This press release may include forward-looking information or statements and is subject to our disclaimer, see our web-pages www.akerkvaerner.com