Aker Kvaerner wins another 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.