Kvaerner wins huge Castberg contract

Statoil and Kvaerner have signed a contract worth NOK 3.8 billion on the oil field Johan Castberg.
Photo: Kåre Spanne/Statoil
Photo: Kåre Spanne/Statoil
BY VIKTOR BRANDT KÆRGAARD, ENERGYWATCH

Business magnate Kjell Inge Røkke's company Kvaerner has entered a contract with Statoil to deliver elements including topside modules for the Johan Castberg floating production vessel (FPSO). The contract is worth NOK 3.8 billion (EUR 391 million).

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