Nord Stream 2 AG, Kvaerner signs a contract

The Swiss operating company Nord Stream 2 AG and Kvaerner have signed a contract for delivery of onshore facilities for a new Russian gas export pipeline. The contract value is somewhat above NOK 600M.

The planned new Nord Stream 2 pipeline across the Baltic Sea will provide reliable, affordable and sustainable gas supplies to the European market. Kvaerner’s subsidiary Kvaerner LLC is contract partner for the work related to the construction of parts of the onshore facilities at the pipeline’s export landfall facilities in the St. Petersburg region. The work will include procurement and project management for civil, mechanical and piping works in addition to installation of some onshore pipelines and service buildings at the facilities.

The scope of Kvaerner LLC’s contract consists mainly of civil works and foundations, procurement and installation of piping and valves for the pipe cleaning pig launch and receiver unit. The scope also includes installation of the approximately two kilometre long adjacent pipeline onshore, as well as construction of permanent buildings for operation of the gas export plant. Design of the installations will be performed by Nord Stream 2 AG’s engineering contractor.

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