Kvaerner: Jan Arve Haugan Steps Down to become CEO of Aker Energy
Jan Arve Haugan resigns as President & CEO of Kvaerner, and from 1 March 2018, he will start his new role as CEO of the newly established oil company Aker Energy. Idar Eikrem, Executive Vice President and Chief Financial Officer in Kvaerner, is appointed interim CEO. Haugan has been President & …
Kvaerner: Q3 Results – Figures Up 36% qoq
Kvaerner’s financial result (adjusted EBITDA) for the third quarter grew to NOK 148 million. This is an increase of 36 percent from the previous quarter when the result was NOK 109 million. With the last new contract for a third substructure for the Johan Sverdrup platforms signed in October, the …
Kvaerner: Looking to Increase Productivity and Reduce Cost Levels
Kvaerner has during the first half of 2014 delivered several key oil and gas projects on schedule, won new key contracts and continued to implement cost reduction measures. The company’s Board of Directors is pleased with how Kvaerner has built a strong position as a competitive contractor recognized for its …
Kvaerner Opens Moscow Office
Kvaerner strengthens its presence in Russia by opening an office in Moscow. “We are excited by the opportunities in the Russian Sub-arctic and Arctic regions. Establishing a permanent presence in Moscow is important in order to build competence and execute new projects in Russian markets”, says Jan Arve Haugan, President …