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Aker Kvaerner Operations established in Aberdeen

Posted: 5 November 2003

Aker Kvaerner CEO unveils 5th company in Aberdeen, creating more than 20 jobs

Less than a year after designating Aberdeen as its UK headquarters for oil & gas, Aker Kvaerner’s commitment to the city has been further reaffirmed, with the arrival of a fifth Aker Kvaerner company.

Aker Kvaerner Operations specialises in operations services for the upstream oil and gas industry, including tail-end production, marginal field operations development and operations consultancy. The business has created more than 20 new jobs in Aberdeen, joining its sister companies Aker Kvaerner Offshore Partner Ltd, Kvaerner Oilfield Products Ltd, Kvaerner Process Systems and Maritime Hydraulics UK.

Aker Kvaerner Operations’s arrival in the North East comes only eight months after the company opened its main office in Stavanger, where they have already enjoyed considerable success, providing operations support to Total’s ‘Frigg’ asset.

Aker Kvaerner Operation’s original plans to open offices in Aberdeen by the end of the year were brought slightly ahead of schedule, following the transfer and expansion of the operational support contract with Amerada Hess from Aker Kvaerner Offshore Partner Ltd. to Aker Kvaerner Operations Ltd.. Aker Kvaerner Operations personnel are now providing complete onshore support for the AH001 platform on the Ivanhoe/Rob Roy fields.

The CEO of the Aker Kvaerner Group, Helge Lund, announced the arrival of Aker Kvaerner Operations during a visit to Aberdeen today. He said it was a further demonstration of Aberdeen’s importance to Aker Kvaerner: "Eighteen months ago, we had three businesses in Aberdeen, and now we have five. The North Sea remains a key component of our strategy within offshore maintenance, modifications and operations".

The Managing Director of Aker Kvaerner Operations, Tore Nedregaard says the Amerada Hess contract represents an exciting start for the new Aberdeen team: "We always knew that the North Sea held great potential for AKO, and the AH001 contract is proof of that. The platform has a planned shutdown date of Autumn 2005, but we are hoping we can work closely with Amerada Hess to extend the field’s working life by a few years.

"Coming to Aberdeen gives us immediate access to Aker Kvaerner resources and expertise on both sides of the North Sea. We have had excellent cooperation from our sister companies here, and the future looks bright."

For more information see http://www.akerkvaerner.com.

Posted by Richard Price, Editor Pipeline Magazine

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