Hydro has awarded Aker Kvaerner the first large Ormen Lange gas terminal contract, worth about NOK 2 billion. The EPC contract covers engineering, procurement and construction activities for the gas reception and export area in Nyhamna on the NW coast of Norway. It also includes the slug catcher, the flare tower and emergency shut down valves for the Ormen Lange gas terminal. Aker Stord has signed the contract on behalf of several Aker Kvaerner companies, including Aker Kvaerner Engineering and Technology, Aker Verdal and Aker Kvaerner Elektro. The engineering and procurement activities start immediately in Oslo, while the construction activities in the yards at Stord and in Verdal will start in May/June 2005. As in several other projects Aker Kvaerner will cooperate with sub-contractors in Poland for delivery of steel sections and piping. Polish sub-contractors will start their fabrication for Ormen Lange in May 2005.
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