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2015-09-03 18:45:00

KVAERNER & RUSSIA LNG

KVAERNER & RUSSIA LNG

After winning a key platform construction contract from Statoil in June, Norway's Kvaerner is reportedly working to enter into the LNG business with floating near-shore liquefaction barges designed for operations in the Arctic. Doing so, Kvaerner could increase its clout in Russia.

On the coast of Russia, near the city of Nakhodka, Kvaerner has been involved in building a concrete-based structure for Exxon Neftegas Ltd. The structure – the largest of its kind in Russia – was placed on the seabed off the coast of the island of Sakhalin this summer.

Norwegian industry is flexing muscles

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Tags: KVAERNER, RUSSIA, LNG, STATOIL, ROSNEFT
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