Kvaerner-KBR in Sverdrup teamwork

Tenders: awaited on four platforms for Johan Sverdrup

Norwegian contractor Kvaerner has forged a joint venture with US counterpart KBR in a bid to secure lucrative topsides work on the giant Johan Sverdrup field development off Norway.

The pact to share engineering capacity and expertise is aimed at giving the pair a competitive edge in fabrication tenders likely to be issued within the next year for the four platforms planned under the initial phase of the project, due on stream at the end of 2019.

Kvaerner is looking to secure topsides work for its Stord yard, having already gained awards for two jackets for the field worth a combined Nkr3 billion ($492 million) under a recently minted frame agreement with working operator Statoil.

“It is my strong belief that by combining KBR's and Kvaerner's resources and strengths, including the long-term experience from offshore oil and gas developments, the basis for a successful and cost-efficient execution of platform topside projects for the Johan Sverdrup field will be secured," said Kvaerner chief executive Jan Arve Haugan.

See this week’s hardcopy edition of Upstream newspaper for an exclusive interview with Kvaerner about the joint venture.

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