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 volume 7, issue #8 - Thursday, April 18, 2002

Aker Kvaerner and Peter Kiewit win platform order from Husky Oil

02-04-02 Kvaerner said Husky Energy has awarded an engineering, procurement and construction (EPC) contract worth about NOK 3.5 bn for the complete topside facilities for the White Rose FPSO, offshore Newfoundland, Canada, to a 49:51 % joint venture between Aker Kvaerner and Peter Kiewit & Sons.
The White Rose field will be developed with a production vessel, and the contract is regarded as a major milestone in Aker Kvaerner's strategy, for which the Canadian market is a key geographical area.

All engineering, procurement and construction activities will be undertaken from the joint venture's offices under the name of Aker Maritime Kiewit Contractors (AMKC), in Newfoundland, it added. AMKC is now in the process of expanding its existing facilities in St John's, Newfoundland.
In addition to personnel recruited locally in Newfoundland and elsewhere in Canada, key project staff from Aker Kvaerner's offices in both Norway and Scotland have been mobilised to St John's to complement the team.
The project will start immediately and the vessel is scheduled to start production in late 2005.

Source: AFX



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