Business Services Industry
Aker Kvaerner ASA lands NOK260m umbilicals contract for Statoil's Gjoa field
Nordic Business Report, Sept 25, 2007
NORDIC BUSINESS REPORT-25 September 2007-Aker Kvaerner ASA lands NOK260m umbilicals contract for Statoil's Gjoa field(C)1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com
Norwegian engineering, construction and technology group Aker Kvaerner ASA said on Monday (24 September) that it has landed a NOK260m umbilicals order from the Norwegian oil company Statoil ASA.
The order covers the manufacture and supply of some 16 kilometres of steel tube umbilical control cables for Statoil's Gjoa field in the North Sea. The umbilicals will connect the Gjoa semi-submersible platform, currently under construction by Aker Kvaerner, to the Gjoa subsea production system, and the Gjoa field to the nearby Vega field.
The umbilicals will be manufactured at Aker Kvaerner Subsea in Moss, Norway.
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 11.17 Norwegian kroner (NOK).
((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- LIFO vs. FIFO: a return to the basics
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Using object-oriented analysis and design over traditional structured analysis and design
- Design a commission plan that drives sales - Sales Commissions
Presented by American Express