Kvaerner Secures $150M Contract For Exxon Project
Kvaerner, in a 50/50 joint venture with Peter Kiewit Infrastructure, will build a gravity-based oil platform, located near Newfoundland and Labrador, Canada. Kvaerner estimates that it will receive $125 million to $150 million for its work alone.
Other details about the agreement were not immediately available. Representatives for Kvaerner and Peter Kiewit Infrastructure could...
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