Kvaerner has received a letter of intent from Lundin Norway AS for engineering, procurement and construction (EPC) of the topside for the Edvard Grieg platform (formerly Luno). The estimated contract value is approximately NOK 8 billion, excluding options in the contract for offshore hook up and commissioning assistance. Most of the scope will be performed in Norway.

"We are extremely proud to have won our second contract for Lundin's new platform on the Norwegian Continental Shelf and believe that this confirms our position as a leading provider of complex, integrated topsides," says Jan Arve Haugan, President & CEO of Kvaerner.

The topside has a total weight of 21 000 tonnes and consists of a main topside module, a combined living quarter and utility module, a process module and a flare tower.

As announced in January, Kvaerner will also deliver the steel jacket for the Edvard Grieg platform under a separate EPC contract. The jacket weighs 14 500 tonnes and will be delivered from Kvaerner's specialized jacket yard in Verdal in the spring of 2014, approximately one year before the topside is due to be delivered.

Tags: Kvaerner