Press releases and news

All press releases.

Kværner ASA: 4th quarter and preliminary annual results 2011

Kvaerner had operating revenues of NOK 3 004 million in the fourth quarter 2011.

The Board of Directors' proposals to Kværner ASA's Annual General Meeting

14 February 2012 - The Annual General Meeting of Kværner ASA will be held on Thursday 12 April 2012 at Telenor Expo, Fornebu, Norway. At a meeting ...

Kværner ASA : Kvaerner wins Hild jacket EPSC contract

13 February 2012 - Total E&P Norge AS has awarded Kvaerner an EPSC-contract (Engineering, Procurement, Supply and Construction) of close to NOK 1.2...

Workplace accident at the yard at Verdal

A serious accident in conjunction with a lifting operation occurred at Kvaerner’s yard at Verdal Wednesday 8 February.

Invitation to presentation of 4th quarter and preliminary annual results 2011

Kværner ASA will publish its 4th quarter and preliminary annual results 2011 at the Oslo Stock Exchange on Tuesday 14 February at 07:30 a.m. Central European Time.

Kvaerner wins Luno jacket EPC contract

19 January 2012 - Lundin Norway AS has awarded Kvaerner an EPC contract of approximately NOK 1.1 billion for delivery of a steel jacket to be locat...

 

 Press releases 2011

Kværner ASA : Mandatory notification of trade

29 December 2011 - The following primary insider has purchased shares in Kværner ASA: Jan Øyri, Executive Vice President Business Support has...

Kvaerner achieves substantial completion on Longview project

Kvaerner's subsidiary Kvaerner North American Construction Inc. ("Kvaerner NAC"), along with its other consortium member, Siemens Energy Inc., have...

Kvaerner opens Perth headquarters

Kvaerner is boosting its presence in the oil and gas hub of the Asia Pacific region.

Third quarter results 2011

1 November 2011 - Kvaerner had operating revenues of NOK 2 623 million in the third quarter. Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 169 million, resulting in an EBITDA margin of 6.2 percent.

Reminder: Kvaerner - Invitation to presentation of 3rd quarter results 2011

27 October 2011 - Kværner ASA will publish its 3rd quarter results 2011 at the Oslo Stock Exchange on Tuesday 01 November at 07:30 a.m. Central...

Kvaerner awarded Mongstad contract

26 October 2011 - Kvaerner has signed a Fabrication and Construction contract with Statoil for upgrading of the Delayed Coker Revamp unit at...

Ny Mongstad-jobb til Kværner

26. oktober 2011 - Kværner har signert en fabrikasjons- og installasjonskontrakt med Statoil for oppgradering av koksanlegget på deres raffineri på...

Kværner ASA's financial calendar 2012

Financial calendar 2012: 4 th quarter results 2011: 14 February 2012 Annual General Meeting 12 April 2012 1 st quarter results 2012: 8 May 2012 2 n...

Kvaerner - Invitation to presentation of 3rd quarter results 2011

11 October 2011 - Kværner ASA will publish its 3rd quarter results 2011 at the Oslo Stock Exchange on Tuesday 1 November at 07:30 a.m. Central...

Kvaerner appoints Executive Vice President for International operations

3 October 2011 - Kvaerner has appointed Tony Allen as Executive Vice President for its International business area.  As one of the world's leading...

Mandatory notification of trade - Kværner ASA

22 September 2011 - The following close associate of a primary insider has purchased shares in Kværner ASA: Nina Amble, a close associate of Jan Ar...

Kvaerner and COOEC complete a self-financed demonstration platform module

25 August 2011: Kvaerner and COOEC have jointly invested in engineering and fabricating of a demonstration module to document the partners' combine...

Second quarter results 2011

12 August 2011 – We are delivering a robust second quarter despite the loss on the Blind Faith project and a loss provision on the Longview project.

Second quarter results 2011

12 August 2011 - Kvaerner's operating revenues in the second quarter were NOK 3 947 million, and earnings before interest, tax, depreciation and...

Invitation to 2nd quarter results

Kværner ASA will publish its 2nd quarter results 2011 at the OSE on 12 Aug at 07:00 a.m. CET. The presentation will be held at Aker Hus, at 10:00 a.m.

Kværner ASA listed 8 July

8 July 2011 - Today's listing of Kværner ASA at Oslo Børs marks the beginning of a new company with a historic brand.

Kvaerner - Registration of Demerger; New Share Capital; New Board of Directors

7 July 2011 - The consummation of the demerger of Aker Solutions was registered with the Norwegian Registry of Business Enterprises (Nw....

Kvaerner - Expiry of Creditor Notice Period; Timetable for Consummation of the Demerger

The creditor notice period applicable to the demerger of Aker Solutions expired at 24:00 hours CET on 6 July 2011. All conditions to consummation o...

Kværner ASA's financial calendar 2011

Financial calendar 2011: 2nd quarter results 2011: 12 August 2011 3rd quarter results 2011: 1 November 2011 The dates may be subject to change. END...

Kvaerner Prospectus Supplement; Update on Longview; Conditions to Consummation of the Demerger

5 July 2011 - The Norwegian Financial Supervisory Authority ( Nw. Finanstilsynet ) has informed Kvaerner that its prospectus supplement dated 4 Jul...

First delivery from Kvaerner

22 June 2011 - The Gudrun Jacket will be written into history as the first delivery from Kvaerner, when it is handed over to Statoil on 1 July 2011...

Approval and Publication of Prospectus Supplement

Kvaerner is publishing a supplement to its prospectus issued on 15 June 2011 containing supplemental information related to the ruling in the Blind...

Kvaerner's investor presentation 17 June 2011

17 June 2011 - Kvaerner today hosts it first investor presentation at 11:00 CEST at Konserthuset in Oslo, Norway. Please find the presentations...

Blind Faith arbitration ruling

17 June 2011 -The final ruling has been delivered in the proceedings between subsidiaries of Aker Solutions and Chevron concerning delivery of the...

Kvaerner's Board of Directors elected

16 June 2011 - The Directors to Kvaerner's Board have been elected.  From Kvaerner's first day of trading on the Oslo Stock Exchange in July 2011,...

Approval of Prospectus in Connection with the Listing of the Shares of Kvaerner

16 June 2011 - The Norwegian Financial Supervisory Authority (Nw. Finanstilsynet) has informed Kvaerner that the prospectus for Kvaerner, dated 15...

Invitation to Investor Presentation

Kværner ASA (KVAER) cordially invites you to attend Kvaerner`s Pre-IPO Investor Presentation, Friday 17 June 2011 from 11:00 to approximately 13:30 CEST. The event takes place at Konserthuset, Munkedamsveien 14, Oslo, Norway. Refreshments will be served from 10:30.

Preliminary unaudited financial data

27 May 2011 - Attached is preliminary information on Kvaerner -- including preliminary unaudited carve-out (combined) financial data -- to be...

Eiliv Gjesdal appointed CFO of Kvaerner

6. May 2011 - Eiliv Gjesdal has been appointed Chief Financial Officer (CFO) of Kvaerner. Gjesdal is following the appointment of Jan Arve Haugan as President and Chief Executive Officer (CEO).

Aker Solutions' First quarter results 2011

6 May 2011 - Aker Solutions' operating revenues in the first quarter of 2011 were NOK 12 billion, and earnings before interest, tax, depreciation a...

Haugan CEO of Kvaerner

2 May 2011 - Jan Arve Haugan has been appointed President and Chief Executive Officer (CEO) of Kvaerner. This new engineering, procurement and construction (EPC) company is being established through a demerger of Aker Solutions. Kvaerner will be separate and listed on the Oslo stock exchange, most likely in July this year.

Aker Solutions wins construction contract for pipe mill in US

27 April 2011 - Aker Construction, Inc., a subsidiary of Aker Solutions, has been awarded a contract for the installation of the new V & M seamless pipe mill in Youngstown, Ohio, US. The contract for supply of materials and installation of the mechanical, electrical and piping for the project commences immediately. Contract value is undisclosed.

Aker Solutions announces name for new EPC company: Kvaerner

International oil service company Aker Solutions is establishing a specialised EPC company in order to further leverage the experience and expertise built up through field development projects over more than 40 years.

Proposed Demerger of Aker Solutions; Publication of Information Memorandum

6 April 2011 - In accordance with the strategy previously disclosed, the Board of Directors of Aker Solutions ASA ("Aker Solutions") has resolved t...