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Aker Kvaerner Signed Major Contract in Singapore

Aker Kvaerner has signed a contract with Jurong Shipyard Pte. Ltd in Singapore for delivery of a drilling system for an ultra deepwater drilling semi-submersible platform.

The contract is undertaken by the Aker Kvaerner subsidiary, Aker Kvaerner MH in Kristiansand. The total contract value for Aker Kvaerner is approximately USD 160 million. The ultra deepwater drilling rig is scheduled for delivery in first quarter 2010.



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