Aker Kværner’s subsidiary, Aker Kværner Process System, and Bj7oslash;rge’s subsidiary, Solberg & Andersen, have signed substantial contracts for deliveries to Aker Kværner Process Systems projects. The contracts that have been signed relate to supplies of shut-off valves and have a value above 50 million NOK.
The equipment is to be delivered during the last six months of 2007 and includes various types of valves and dimensions. The valves will be part of Aker Kværner Process Systems process module for Aker floating production smart 1 (FPSO), and the point of delivery is the yard in Dubai. The valve delivery is based on Solberg & Andersen’s extensive range of valve products. The equipment will be manufactured at partners in Italy and Spain.
“The contract consolidates our stakes within the FPSO market, so this was thus a strategically important contract,” stated section head, Kaare Sunnarvik, of Solberg & Andersen. “The contract also confirms the potential for further growth within this highly interesting market segment.”
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