Kvaerner’s $1.4 Bn Norway gig

摘要

Kvaerner has landed a Letter of Intent from Lundin Petroleum for the US $1.39 Bn Engineering, Procurement and Construction (EPC) of the topside for the Edvard Grieg (formerly Luno) platform offshore Norway. The value of the deal excludes options in the contract for offshore hook up and commissioning assistance. Most of the work will be performed in Norway, said Kvaerner.