Kvaerner awarded decommissioning contract
Monday, Aug 14, 2017
Kvaerner has been awarded a contract with A/S Norske Shell for the disposal and demolition of the Subsea Compression Pilot at Nyhamna.



The scope of work consists of removal and demolition of approximately 2 200 tonnes of modules. The modules will be transported from Nyhamna to Kvaerner’s facilities at Stord for dismantling and recycling. The work will start immediately and the first part, consisting of removal of modules from the test pit will be completed in 2017. The remaining modules will be removed in 2018.

“This is an important contract for Kvaerner’s decommissioning unit, and yet again we prove our competitiveness in this marked, says Guro Løken, SVP Decommissioning & Marine Operations in Kvaerner.

Kvaerner has been the main contractor for the expansion of the Nyhamna plant which will be completed in 2017. Kvaerner was also the main contractor when the first part of the plant was built in 2007. The new contract for removal and recycling of systems that are no longer in use shows that Kvaerner has competitive expertise both for onshore projects and the decommissioning market. Kvaerner sees opportunities for new projects within both of these segments.

About Kvaerner:

Kvaerner is a leading provider of engineering, procurement and construction (EPC) services, and delivers offshore installations and onshore plants for upstream oil and gas production around the world. Kvaerner ASA, through its subsidiaries and affiliates (“Kvaerner”), is an international contractor and preferred partner for oil and gas operators and other engineering and fabrication contractors. Kvaerner and its approximately 2 600 HSSE-focused and experienced employees are recognised for delivering some of the world’s most amazing and demanding projects.

In 2016, the Kvaerner group had consolidated annual revenues of close to NOK 8 billion and the company reported an order backlog at 30 June 2017 of NOK 9 billion. Kvaerner is publicly listed with the ticker "KVAER" at the Oslo Stock Exchange.

For more information, please visit: http://www.kvaerner.no

For additional information on this project, please visit our ProjectsOGP database
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