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Aker Kvaerner ASA lands NOK105m umbilicals contract from Woodside Petroleum
Nordic Business Report, Nov 30, 2007
NORDIC BUSINESS REPORT-30 November 2007-Aker Kvaerner ASA lands NOK105m umbilicals contract from Woodside Petroleum(C)1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com
Norwegian engineering, construction and technology group Aker Kvaerner ASA said on Friday (30 November) that it has landed a NOK105m steel tube umbilicals contract from the Australian oil company Woodside Petroleum.
The contract, awarded under a recently signed framework agreement, covers the supply of 28 kilometres of static umbilicals for Woodside Petroleum's Pluto field.
The umbilicals will be manufactured at Aker Kvaerner Subsea in Moss, Norway, and delivered in July 2009.
Aker Kvaerner, headquartered in Lysaker, Norway, has 23,000 employees in over 30 countries. The company is 40.1% owned by Norwegian industrial holding group Aker ASA. Aker Kvaerner is listed on the Oslo Stock Exchange and traded under the ticker AKVER.
One British pound (GBP) is worth approximately 11.18 Norwegian kroner (NOK).
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