Aker Kverner wins Snohvit contract

Statoil has awarded Aker Kvaerner a contract for hook-up and installation work on the Snohvit LNG plant which is under construction at Melkoya Island near Hammerfest. The assignment is
worth in excess of NOK 1.5 billion. Installation work starts around year-end and is due to be completed by 15 December 2005. Statoil is responsible for planning the work at Melkoya, while the German contractor Linde is responsible for engineering, and acts as technical assistant to Statoil in the construction of the LNG plant. In addition to the contract party Aker Stord, a number of other Aker Kverner companies will play a central role in the project, including
Aker Kverner Elektro and Kvaerner Rosenberg. Another important partner in the implementation of this large assignment is Kaefer IKM AS.

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