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| Aker Kvaerner wins contract on the Indian continental shelf Aker Kvaerner has signed a letter of intent with Aker Floating Production to deliver a complete subsea production system for a customer in India. Aker Kvaerner will also deliver the marine installation of the floating production storage and offloading (FPSO) vessel to be leased out by Aker Floating Production ASA. The total value of Aker Kvaerner's contracts is approximately USD 250 million. Aker Kvaerner is scheduled to install the FPSO and mooring system and deliver the subsea production system by February 2008. The subsea production system will be installed at 1100-1400 meters water depth and includes trees, manifolds, controls and umbilicals. write your comments about the article :: © 2007 Construction News :: home page |