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Aker Kvaerner awarded drilling system contract

Aker Kvaerner, a global provider of engineering and construction services, has been awarded a contract with Discoverer Invest Ltd in Singapore for delivery of drilling systems and equipment to a Frigstad D90 ultra deepwater semi-submersible drilling rig.

The total contract value for Aker Kvaerner is approximately NOK 450 million. The drilling package will consist of a dual version of the RamRig, an advanced drilling system developed by Aker Kvaerner.

The deepwater semi-submersible drilling rig is scheduled for delivery in 2009.



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