Kvaerner News

(Image: Helge Hansen / Equinor)

Kvaerner to Study Floating Wind Structures

Norway based Kvaerner said it has signed a contract with Norwegian energy company Equinor to study how floating concrete substructures for offshore wind turbines can be designed and constructed for the planned Hywind Tampen project in the North Sea.The objectives of the front-end engineering and design (FEED) assignment are to further mature the design of the concrete substructures, to identify appropriate construction site(s), and to develop a plan for construction, method and cost for production of 11 floating concrete substructures, Kvaerner said.“Another important part of the FEED contract

Photo: Equinor

Aker Solutions Bags Work On Johan Sverdrup Offshore Norway

Aker Solutions has, in collaboration with Kvaerner, secured additional hook-up and commissioning work for Equinor's Johan Sverdrup field offshore Norway.Equinor has exercised an option in the Johan Sverdrup Riser platform hook-up contract  awarded in January 2017 for Aker Solutions to perform hook-up and commissioning assistance of the field's utility and living quarter platform, as well as the preparatory offshore work connected with the phase two modifications of the riser platform."We are delivering well and on schedule on the hook-up work that we are currently performing on the

Statoil signs letters of intent for Johan Sverdrup phase 2 with Aibel and Aker Solutions-Kværner joint venture Image Statoil

Statoil Inks LOI for Johan Sverdrup Phase 2

Statoil, on behalf of the Johan Sverdrup partnership, signed a letter of intent with Aibel for the construction of the processing platform topside for phase 2 of the project. A letter of intent for field center modifications is also issued to a joint venture of Aker Solutions and Kværner. Total value is estimated at more than NOK 11 billion ($1.4 billion).   Phase 1 of the Johan Sverdrup development is well underway with planned startup in late 2019. To promote synergies, continuity and a holistic development of the entire field the Johan Sverdrup partnership is issuing letters of intent

Karl-Petter Løken (Photo: Kvaerner)

Løken Named CEO at Kvaerner

Karl-Petter Løken has been appointed President and Chief Executive Officer (CEO) for the international contracting company Kvaerner.   Løken succeeds Jan Arve Haugan, who left Kvaerner for a position at Aker Energy.   Kvaerner's EVP & CFO Idar Eikrem will continue as interim CEO until Løken steps into the role this spring after ending his current position as head of Project Development for Lundin Norway.   Since 1991, Løken has held positions in the oil and gas industry for companies like Statoil, Aker Solutions and Lundin Norway. From 2011 to 2015

Jan Arve Haugan (Photo courtesy Kvaerner)

CEO Haugan Leaves Kvaerner to Lead Aker Energy

Jan Arve Haugan resigns as President & CEO of Kvaerner, and from March 1, 2018, he will start his new role as CEO of the newly established oil company Aker Energy. Idar Eikrem, Executive Vice President and Chief Financial Officer in Kvaerner, is appointed interim CEO.   Haugan has been President & Chief Executive Officer with Kvaerner since its demerger from Aker Solutions and stock listing in the summer of 2011.   "Under Jan Arve Haugan's management, Kvaerner has developed into a leading, renowned oil service company with EPC services as our specialty. Competitiveness

Photo: Rolls-Royce

Rolls-Royce to Provide Mooring System for Statoil's Njord A

Rolls-Royce has been chosen by Norway-based engineering and construction services firm Kvaerner to provide a mooring system for Norwegian oil and gas company Statoil’s oil platform, Njord A. Njord A is being upgraded by Kvaerner and Rolls-Royce has been chosen to provide an upgrade to its mooring system. The contract has a value of about £15 million ($19 mln).   Njord A is a semisubmersible floating steel platform, with an integrated deck with drilling and processing facilities, as well as living quarters. It is normally located in the Njord oilfield, around 130 km northwest of the

Illustration of the Johan Sverdrup field center (Photo: Statoil)

Johan Sverdrup Development Enters Phase 2

The Johan Sverdrup partnership has now decided to proceed with (DG2) Phase 2 of the Johan Sverdrup development, awarding FEED contracts to Aker Solutions, Kværner and Siemens.   Phase 1 of Johan Sverdrup is under development, with first oil scheduled for late 2019.  The partners will now proceed with maturing Phase 2 for the investment decision and submission of the plan for development and operation (PDO) in the second half of 2018. Phase 2 is scheduled to come on stream in 2022. “We must take a generational perspective on the Johan Sverdrup development. Working closely

Three New Members Join Subsea UK Board

worked for oil and gas majors Acergy Limited, Total E&P and Technip Offshore, covering a range of services, including drilling, well control, subsea support, logistics and topside operations.    Before joining BP in 2001 Bruce held a number of roles in the industry, working for Aker Kvaerner’s manufacturing, system engineering and R&D divisions. A graduate of Robert Gordon University and a Chartered Engineer from the Institute of Measurement and Control, Bruce is currently responsible for the management of extensive subsea infrastructure operated by BP across the North Sea

johan sverdrup Photo Statoil

Aker Wins Hook-Up Deal for Johan Sverdrup Field

Aker Solutions won a contract from Statoil for the hook-up of the riser platform for the Johan Sverdrup field, Norway's largest offshore development in the past three decades. The company will work closely with subcontractor Kvaerner on joining together the platform's seven modules, which will be transported to Norway in the second quarter of 2018. The scope also covers planning, management and prefabrication. The contract value is approximately NOK 900 million and will be split about equally between Aker Solutions and Kvaerner. Aker Solutions' share will be booked in its first-quarter orders.

Magnus Joins Kvaerners Executive Team

Sturla Magnus has been appointed new executive vice president (EVP) for Structural Solutions and responsible for Kvaerner's yard at Verdal. He will start in his new position April 1, 2017, at the latest.    Previous EVP of Structural Solutions, Sverre Myklebust stepped down as EVP for Structural Solutions at year end 2016. Ole Petter Bjartnes will be interim responsible for the product area until Magnus takes up the position.   Magnus is Norwegian and holds a MSc in Civil Engineering from the Norwegian University of Life Sciences. He comes from the position as Regional Business

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