Aker Kvaerner secures floater installation contract in the North Sea

Aker Kvaerner has signed a contract with Sevan Production Services Limited for installation of the “Sevan Hummingbird” Floating Production, Storage and Offloading unit (FPSO). The FPSO will be installed on the Chestnut field on the UK Continental Shelf, which is operated by Venture Production. The total contract value for Aker Kvaerner is approximately NOK 145 million.